04/26/2010
https://www.congress.gov...
"The bill does not change State law. It adopts a Federal requirement that the States ask the question on the incorporation form about beneficial ownership."
"So like the company that Senator Carper mentioned that is listed on the stock exchange with a securities commission, they would be exempted from this bill."
"Senator Levin's bill offers one solution to this problem, which is to set a national minimum standard for State incorporation practices that require States to collect, maintain and update so-called be..."
"We have a Treasury Department definition. We have one line. You must ask for the beneficial ownership as defined in 31 CFR."