NFIB has released new paid radio and digital advertisements in Louisiana, urging Sen. Bill Cassidy, Speaker Mike Johnson, and House Majority Leader Steve Scalise to support a measure that would permanently repeal the unconstitutional Beneficial Ownership Information (BOI) mandate and require the Financial Crimes Enforcement Network (FinCEN) to immediately destroy all BOI data already submitted by U.S. small businesses.
Background
In 2025, President Trump exempted more than 32 million American small businesses from the burdensome and unconstitutional BOI reporting requirements, saving American small businesses from over $128 billion in regulatory burdens and compliance costs.
NFIB President Brad Close stated, ‘This exemption saved American small businesses from over $128 billion in regulatory burdens and compliance costs, but the fight isn’t over. Now it’s time for Congress to ensure this invasive reporting mandate does not return; they must take immediate action to fully repeal the unconstitutional BOI law and require FinCEN to destroy the data of the millions of small business owners who have already complied with this dangerous mandate.’
NFIB continues to fight against Beneficial Ownership Information reporting regulations in Congress, executive branch agencies, and the federal courts, working to permanently block and repeal it.
Visit ProtectSmallBusiness.org for more information.
Original reporting: NFIB (National Federation of Independent Business) — read the source article.