Summary
Amends the definitions of the terms "beneficial owner", "reporting company" and "exempt company" to set the scope of certain provisions relating to beneficial owners of limited liability companies; authorizes the department of state to further clarify any such definitions.
How Congress Voted
House — Jun 17, 2025
149 votes
81(54%)
Yea
60(40%)
Nay
0(0%)
Present
8(5%)
Not voting
Senate — Jun 13, 2025
42 votes
26(62%)
Yea
13(31%)
Nay
0(0%)
Present
3(7%)
Not voting
Senate — Jun 12, 2025
21 votes
14(67%)
Yea
6(29%)
Nay
0(0%)
Present
1(5%)
Not voting
Related bills
Legislative Journey
- Introduced
- Committee
- Floor
- Passed Chamber 1
- Passed Chamber 2
- Signed
Jun 10, 2025
REFERRED TO RULES
SenateJun 12, 2025
ORDERED TO THIRD READING CAL.2030
SenateJun 13, 2025
PASSED SENATE
SenateJun 13, 2025
DELIVERED TO ASSEMBLY
SenateJun 13, 2025
REFERRED TO WAYS AND MEANS
HouseJun 13, 2025
SUBSTITUTED FOR A8662A
HouseJun 13, 2025
ORDERED TO THIRD READING RULES CAL.686
HouseJun 17, 2025
PASSED ASSEMBLY
HouseJun 17, 2025
RETURNED TO SENATE
HouseDec 8, 2025
DELIVERED TO GOVERNOR
SenateDec 19, 2025
VETOED MEMO.164
Senate