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Companies at this time do not need to report BOI information to FinCEN and will not be liable for failing to report. Federal courts issued two separate nationwide injunctions in two separate cases that pause enforcement of the regulations. While SCOTUS struck down the injunction pausing the rule in the Texas Cop Shop case mentioned in the AP article below, the other injunction issued in the Smith v. U.S. Treasury case remains in effect. FinCEN recognizes that this is the status quo. According to an "alert" published by FinCEN on January 24, 2025:
Both the Pennsylvania Senate and House swore in their members on January 7th and elected their respective leaders. Senator Kim Ward (R-Westmoreland) was elected again by her colleagues to be the President Pro Tempore. Representative Joanna McClinton (D-Phila) was elected to retain her position as Speaker, despite a 101-101 split in the House of Representatives. During a second ballot many Republican members supported McClinton through a voice vote.
The House also approved a Rules package establishing some new process items and establishing three new committees:
The Senate also created a new committee within their Rules package:
Inclusive Economic Alliance Committee | Co-Chair Biographies: Dionne Douglas & Kristy Purnell1/16/2025
Dionne Douglas is a Sr. Engineering Manager at the Kimberly-Clark Chester Mill (KC). She is responsible for developing the talents of her team and driving engineering results across multiple assets within the mill. In addition, Dionne sits on the Mill Leadership Team making her indirectly responsible for the overall mill success. Dionne’s previous roles within KC as an Asset, Utilities and Capital Projects Engineer, helped to develop her technical and leadership skills in preparation for her current role.
Prior to Kimberly-Clark, Dionne worked in varying industries located across the US. She spent time with The Boeing Company building the 747, 767 and 777 airplanes, with Corning, Inc. producing high purity fused silica for the semiconductor industry and with Target supporting their distribution centers. Through it all, Dionne has maintained a passion for volunteering and community service. She has served as a volunteer in each organization, hoping to positively affect every community that she encounters. Currently, Dionne serves as the co-Chair of the KC Chester Mill’s United Way campaign, helping to raise over $400K annually for the local community. In addition, she serves on the Board of Directors for the United Way of Greater Philadelphia and Southern New Jersey, Delaware County Local Board and The Foundation of the Delaware County Chamber of Commerce. Dionne also serves on the Widener University School of Engineering Board of Advisors. Originally from Philadelphia, PA, Dionne earned her Bachelor of Science in Electrical Engineering at North Carolina A&T State University and her Executive Master of Business Administration from the Jack Welsh Management Institute. In her free time, she enjoys spending time with her husband and four daughters - or you may find her on a stage dancing with her performance dance troupe. |
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