In the long saga that is the reporting requirements put forth under the Corporate Transparency Act (CTA) we have yet another update. On Feb. 27, The Financial Crimes Enforcement Network (FinCEN) announced that it would not issue fines or penalties for any business that does not file Beneficial Ownership Information
On Jan. 23, 2025, the Supreme Court granted the government’s motion to lift a nationwide injunction issued in the case Texas Top Cop Shop, Inc. v. McHenry. What You Need to KnowWhile this ruling could have potentially reinstated Corporate Transparency Act filing requirements, a separate ruling in Smith v. U.S.
WASHINGTON (Jan. 27, 2025) — The Marine Retailers Association of the Americas (MRAA) announced today that the Advisory Council of Marine Associations (ACMA) approved a new Coalition Agreement, establishing a set of principles to which members of the coalition will adhere. ACMA comprises both state and national marine trades associations,
WASHINGTON (Jan. 15, 2024) – The Marine Retailers Association of the Americas announced today that the National Marine Fisheries Service officially withdrew the proposed North Atlantic Right Whale Vessel Strike Reduction Rule. Initially proposed in August of 2022, this rule would have put in place a 10-knot speed limit on
WASHINGTON, D.C., January 13, 2024 – The Marine Retailers Association of the Americas announced today that after more than a decade of advocacy and legislative effort, the Hanson-Milone Safe Boating Act (H.4941) was signed into law on Wednesday, Jan. 8, 2025, by Massachusetts Governor Maura Healey, marking a monumental step
• Strong’s Marine President, and MRAA Board Chairman, Receives Dealer Ambassador Award ORLANDO, FLORIDA – Dec. 17, 2024 – The Marine Retailers Association of the Americas presented the annual MRAA Dealer Ambassador Award to Jeff Strong, President, Strong’s Marine of New York, at the 2024 Dealer Week Conference and Expo
WASHINGTON, D.C, November 27, 2024 – The Marine Retailers Association of the Americas is excited to share new economic data released by the U.S. Department of Commerce’s Bureau of Economy Analysis (BEA) highlighting that outdoor recreation, and in particular boating and fishing, continue to be a major driver of the
By Chad Tokowicz, MRAA Government Relations Manager & Mike Sayre, MRAA Director of Government Relations As the results from the General Election on Tuesday, Nov. 5, continue to take shape it is clear that Donald Trump has emerged as winner of both the popular and electoral college votes, and will
Filed yet? If not, here is what you need to know! Starting January 1, 2025, all business entities are required to report beneficial ownership information to the Financial Crimes Enforcement Network, a bureau of the U.S. Department of Treasury. The Corporate Transparency Act established the new requirement, which was put
WASHINGTON, October 10, 2024 – The Marine Retailers Association of the Americas joined the American Sportfishing Association and key industry and community stakeholders to unveil a roadmap for future government action to support recreational fishing interests. “THE FUTURE OF SPORTFISHING: Policy Recommendations from the Recreational Fishing Community” is a collaborative
