S.Amdt. 2169

SA 2169. Mr. SCOTT of South Carolina submitted an amendment intended
to be proposed by him to the bill S. 4638, to authorize appropriations
for fiscal year 2025 for military activities of the Department of
Defense, for military construction, and for defense activities of the
Department of Energy, to prescribe military personnel strengths for
such fiscal year, and for other purposes; which was ordered to lie on
the table; as follows:

At the appropriate place, insert the following:

SEC. __. BENEFICIAL OWNERSHIP INFORMATION REPORTING DEADLINES
FOR SMALL BUSINESSES.

Section 5336(b)(1) of title 31, United States Code, is
amended--
(1) in subparagraph (B)--
(A) by inserting ``(but which may not adjust the report
submission deadline)'' after ``Treasury''; and
(B) by striking ``in a timely manner, and'';
(2) in subparagraph (C)--
(A) by inserting ``(but which may not adjust the report
submission deadline)'' after ``Treasury''; and
(B) by striking ``at the time of'' and inserting ``not
later than 90 days after the date of such'';
(3) in subparagraph (D)--
(A) by inserting ``(but which may not adjust the report
submission deadline)'' after ``Treasury''; and
(B) by striking ``in a timely manner, and not later than 1
year'' and inserting ``not later than 90 days''; and
(4) by adding at the end the following:
``(H) Unable to obtain.--FinCEN may not by rule, guidance,
or otherwise, permit a reporting company from submitting a
report relating to the inability of the reporting company to
obtain or identify information in the alternative to
submitting a report required under this subsection.''.
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