The nation's prominent small business association has launched a new radio and digital ad campaign. The initiative urges Congress to repeal the Beneficial Ownership reporting requirements by passing the Repealing Big Brother Overreach Act.

"December 31st marked the deadline Congress set for more than 32 million small businesses to file private and personal data with a new federal registry or face the possibility of up to two years in prison and a $10,000 fine," stated Tray Abney, state director for NFIB in Nevada. "While this unconstitutional law was recently blocked by a federal court, Congress must make this victory permanent by passing the Repealing Big Brother Overreach Act to protect privacy and relieve small business owners from this dangerous law."

In response to a lawsuit filed by NFIB, a federal court has issued a preliminary injunction against the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), preventing them from enforcing the CTA's Beneficial Ownership reporting requirements. NFIB backs legislation that would permanently repeal these requirements, easing burdens on small businesses.

For more updates on Nevada's small-business news, visit www.nfib.com/nevada or follow on X @NFIB_NV.

For eight decades, NFIB has represented America's small and independent business owners across Washington, D.C., and all 50 states. As a nonprofit, nonpartisan association founded in 1943, it remains dedicated solely to supporting these businesses today. More information is available at nfib.com.