,,ii  #aahth ,,congress  #b;d ,session  
,s4 #cfbe  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #ah1  
#bjbd,mr4 ,scott of ,south ,carolina    
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,banking1 ,housing1 and   
,urban ,affairs  ,a ,,bill  ,to amend   
title #ca1 ,united ,states ,code1 to    
provide small businesses with additional
 time to file beneficial ownership      
information1 and for other purposes4    
#a4 ,short title ,this ,act may be cited
 as the ,protect ,small ,business and   
,prevent ,illicit ,financial ,activity  
,act4  #b4 ,beneficial ownership        
information reporting deadlines for     
small businesses ,section #eccf7;b77#a7 
of title #ca1 ,united ,states ,code1 is 
amended-- 7#a7 in subparagraph 7,b7--   
7,a7 by inserting 7but which may not    
adjust the report submission deadline7  
after ,treasury2 and  7,b7 by striking  
in a timely manner1 and2  7#b7 in       
subparagraph 7,c7-- 7,a7 by inserting   

7but which may not adjust the report    
submission deadline7 after ,treasury2   
and  7,b7 by striking at the time of and
 inserting not later than #ij days after
 the date of such2  7#c7 in subparagraph
 7,d7-- 7,a7 by inserting 7but which may
 not adjust the report submission       
deadline7 after ,treasury2 and  7,b7 by 
striking in a timely manner1 and not    
later than #a year and inserting not    
later than #ij days2 and  7#d7 by adding
 at the end the following3  7,h7 ,unable
 to obtain ,fin,c,e,n may not by rule1  
guidance1 or otherwise1 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 
subsection4  4