Cattlemen Relieved by Court Decision to Halt Corporate Transparency Act

Dec 06, 2024

Today, the National Cattlemen’s Beef Association (NCBA) hailed the issuance of a nationwide preliminary injunction blocking the Corporate Transparency Act from being enforced on January 1, 2025. This ruling from the U.S. District Court for the Eastern District of Texas protects millions of family farmers and ranchers from onerous reporting requirements imposed by the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury.

“The Corporate Transparency Act requires millions of family farmers and ranchers to file complex paperwork and disclose beneficial ownership information with the federal government under penalty of severe fines and jailtime,” said NCBA Executive Director of Government Affairs Kent Bacus. “Across the country, cattle producers are relieved that this mandate is on hold while the law is being considered by the courts. NCBA will continue working with Congress to provide a permanent fix to the Corporate Transparency Act that protects family farmers and ranchers.”

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Video: How Novonesis is Reshaping Swine Nutrition with Enzymes, Probiotics & Biological Solutions

The merger of Novozymes and Chr. Hansen created Novonesis, a global biosolutions leader combining more than a century of expertise in enzymes, probiotics and microbial science. In this exclusive interview, Keith Kinsley discusses how bringing these two industry innovators together is creating new opportunities for pork producers across North America and around the world.

Keith explains how Novonesis is leveraging the strengths of both legacy companies to deliver a more integrated approach to swine nutrition, gut health and feed efficiency. From sow productivity and piglet development to grow-finish performance, Novonesis offers science-backed biological solutions designed to help producers maximize feed utilization, support microbiome robustness and improve overall herd performance.