Secretary Christi Jacobsen Advocates For Repeal Of Small Business Regulations
Author: Christi Jacobsen, Montana Secretary of State
Secretary Christi Jacobsen Advocates for Repeal of Small Business Regulations
Christi Jacobsen
Montana Secretary of State
HELENA, Mont. — Montana Secretary of State Christi Jacobsen joined colleagues across the country urging President Trump to repeal confusing and burdensome small business regulations. Secretary Jacobsen was one of 20 Secretaries of State nationwide to pen a letter to President Trump requesting he repeal the Corporate Transparency Act (CTA).
"The Beneficial Ownership Information (BOI) component of the CTA serves as yet another burden on our small businesses operating in the United States by forcing them to report extraneous information," the letter stated. "Implementation of the Act by the Biden administration has been an absolute train wreck. ... Our offices have received frequent communication from constituents expressing concerns."
Secretary Jacobsen previously called on the federal government and Montana's Congressional delegation to stand up for Montana businesses. Secretary Jacobsen expressed concerns regarding the implementation of the CTA, including widespread confusion and lack of awareness, communication, and resources.
"This new law affects nearly every business in Montana, and confusion over compliance is obvious," Secretary Jacobsen wrote. "The unnecessary complexity that has fueled confusion by the Biden Administration's disastrous rollout is completely unacceptable."
"As Montana's Secretary of State, I am proud to have eliminated unnecessary government obstacles, making it easier to conduct business in Montana," Secretary Jacobsen added in a letter to Montana's Congressional delegation. "I urge Congress to follow our example and eliminate excessive layers of bureaucracy."
On Thursday, Montana's largest and leading small business association thanked Secretary Jacobsen for standing up for Montana's small businesses.
“Montana small businesses applaud Secretary Jacobsen’s bold stand on behalf of the law-abiding mom-and-pop enterprises lining our state’s Main Streets,” said Ronda Wiggers, state director for the National Federation of Independent Business (NFIB) in Montana. “The reporting requirement is intrusive, an unnecessary regulation and carries huge penalties for not making future changes that will be easily forgotten by small business owners.”
The letter from Secretary Jacobsen and her 19 colleagues nationwide can be viewed through the link below. The press release from Montana's small businesses can also be viewed through the link below.
Secretaries of State Letter: https://mt43news-business-services.com/mt43newsRouter/SOSLetter
Small Business Thank Secretary of State: https://mt43news-business-services.com/mt43newsRouter/SOSThanks
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Image 2 Caption: Christi Jacobsen gets sworn in
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