The Community Associations Institute needs your help! On July 15, 2024, Representative Richard McCormick (R-GA-6) introduced H.R. 9045 – To amend title 31, United States Code, to exempt entities subject to taxation under section 528 of the Internal Revenue Code of 1986 from certain beneficial ownership reporting requirements. H.R. 9045 would exempt community associations from the requirements of the Corporate Transparency Act, codifying a needed protection for you and your community. It is imperative that Members of the House agree to Co-Sponsor H.R. 9045, and that the Senate introduce a companion bill. Please reach out to your Member of Congress, even if you have done so already about the Corporate Transparency Act!   Read the article…………………………….