Corporate Transparency Act Relief Gains Momentum in Congress
by Stephanie Buka, Government Affairs Manager May 1, 2026

PRINTING United Alliance continues to monitor developments related to the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements, which have created significant concern for many small and closely held businesses across the printing industry. The CTA’s reporting mandate represented another administrative burden on companies focused on serving customers, investing in equipment, and growing their businesses.

Encouragingly, momentum is building in Congress to provide more permanent relief. On April 21, the House Financial Services Committee advanced H.R. 425, the Repealing Big Brother Overreach Act, as amended, by a recorded vote of 26–25. The bill is now positioned for potential consideration by the full House. The House action follows Treasury and the Financial Crime Enforcement Network's (FinCEN's) March 2025 interim final rule, which removed BOI reporting requirements for U.S. companies and U.S. persons and narrowed the rule’s scope to foreign reporting companies.

The Senate has now introduced companion legislation. Senator John Kennedy (R-LA), joined by Senator Mike Lee (R-UT) and other original cosponsors, introduced S. 4419 to codify the Treasury’s March 2025 rule limiting BOI reporting to foreign reporting companies and to require FinCEN to delete personal data already collected from American business owners under the original mandate. On April 28, the bill was referred to the Senate Banking, Housing, and Urban Affairs Committee.

For PRINTING United Alliance members, this is a welcome and practical development. The printing industry is made up largely of small and mid-sized businesses, many of which are family-owned, privately held, or closely held companies. These businesses should not face unnecessary federal paperwork requirements or be required to submit sensitive personal information when the government has already acknowledged that a more targeted approach is appropriate.

The Alliance supports efforts to reduce unnecessary regulatory burdens while maintaining effective tools to address illicit finance. A risk-based approach that focuses enforcement resources on bad actors—rather than sweeping in millions of law-abiding Main Street businesses—is a more balanced path forward. For printers, that means greater certainty, fewer compliance costs, and more time to focus on operations, customers, employees, and long-term investment.

The path forward is not yet complete. While the House bill has cleared committee, it still must be considered by the full House. The Senate bill will also need to build support and move through the legislative process. PRINTING United Alliance will continue to engage with lawmakers and coalition partners to support meaningful CTA relief and ensure the voice of the printing industry is heard as this issue advances.

In this article, Stephanie Buka, Government Affairs Manager, PRINTING United Alliance, reports on Corporate Transparency Act relief. More information can be found at Business Excellence-Legislation or reach out to Steph should you have additional questions specific to how these issues may affect your business: sbuka@printing.org. 

 

To become a member of the Alliance and learn more about how our subject matter experts can assist your company with services and resources such as those mentioned in this article, please contact the Alliance membership team: 888-385-3588 / membership@printing.org.

Business Congressional Updates Legislation
Stephanie Buka Government Affairs Manager
Hire This Expert

Stephanie Buka is the Government Affairs Manager for PRINTING United Alliance. In this role, she supports Ford Bowers, CEO, the Government Affairs team, and coordinates efforts with contracted lobbying firm, ACG Advocacy. Buka is the chief editor of the Industry Advocate newsletter. She is responsible for advocacy campaigns, policy analysis, strategy development and team leadership, all aimed at promoting the Alliance's legislative agenda. She is also responsible for the administration of the Alliance's political action committee, PrintPAC.

Prior to joining the Alliance, Buka served as a senior legislative researcher, and later as a constituent services coordinator, for the 15-member legislative body representing 1.3 million residents of Allegheny County, Commonwealth of Pennsylvania. In addition to drafting legislation and addressing constituent concerns, Buka cultivated strong relationships with appointed and elected officials at the local, state, and federal levels of government.

Buka holds a master’s degree in Public Policy and Management from the University of Pittsburgh, Graduate School of Public and International Affairs (GSPIA). She also earned a master's degree in Criminology from Indiana University of Pennsylvania, along with a Certificate in Forensic Science and Law from Duquesne University.

Related Content

Congress Considers National Data Privacy Framework

On April 21, 2026, lawmakers introduced H.R. 8413, the Securing and Establishing Consumer Uniform Rights and Enforcement over Data Act, also known as the SECURE Data Act of 2026, a comprehensive federal privacy proposal that would create new national standards for how non-financial businesses collect, use, store, and share consumer data. The bill would give the Federal Trade Commission (FTC) an expanded role in overseeing data privacy practices across the U.S. economy.

IEEPA Duty Refund Update

Recent legal developments surrounding tariffs imposed under the International Emergency Economic Powers Act (IEEPA) have created potential opportunities for certain importers to recover duties previously paid. For PRINTING United Alliance members—many of whom rely on globally sourced inputs such as paper, inks, substrates, and equipment—understanding the scope and limitations of these potential refunds is critical. While the ruling may offer financial relief in specific circumstances, it also introduces complexity in determining eligibility, documentation requirements, and the practical likelihood of recovery.

SpeedPro Expands with First Independent Studio Conversion

SpeedPro, a leading provider of large-format printing and visual solutions, announced its first studio conversion of an independently owned business into one of SpeedPro’s over 130 franchise locations across the United States.
}