Corporate Transparency Act: CAI challenges act’s constitutionality in court filing

Community Associations Institute filed an amicus brief earlier this week in the United States Court of Appeals for the 11th Circuit challenging the constitutionality of the Corporate Transparency Act.  In March, a district court in Alabama ruled that the act was unconstitutional and exceeded Congress’ authority. Now, as the 11th Circuit hears an appeal in National Small Business United d/b/the National Small Business Association, et al., v. Janet Yellen, in her official capacity as Secretary of the Treasury, et al., CAI’s amicus brief supports the district court’s finding.   Read the article…………………………….