A federal court in Texas halted the implementation of the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements. Holding that the CTA is likely unconstitutional, the court issued a preliminary injunction barring the government from enforcing the CTA and its reporting requirements against anyone.

Prior to the ruling, small businesses that met certain criteria would have had to file reports with the Department of the Treasury by January 1, 2025, or risk fines and criminal penalties.  Unless and until an appellate court overrules or narrows the injunction, no businesses are

obligated to comply with the reporting requirements.

Colusa County Partnership Representatives will continue to assist with Business and Marketing Plan Development and preparing to Access Business Capital through the Chamber of Commerce at their offices at 2963 Davison Court in Colusa. CCP will be on site Tuesdays and Thursdays from 10 AM—3 PM beginning December 3 through January 30.  Appointments can be scheduled with Andy Lucas at andy@cds.consulting or by calling (916) 995-4675.

For Colusa County Chamber of Commerce membership information, visit their website at www.colusachamber.com or by telephone at

(530) 458-5525.