Penalties

As of December 26, 2024: filing deadline is not enforced, but this is likely to change again.

• December 3, 2024: The U.S. District Court for the Eastern District of Texas issued an order enjoining enforcement of the Corporate Transparency Act (CTA) and its Reporting Rule. (Texas Top Cop Shop, Inc. v. Garland, No. 4:24-CV-478, 2024).

• December 5, 2024: The same court denied the Government's motion to stay the preliminary injunction. (Texas Top Cop Shop, Inc. v. Garland, 2024 WL 5049220).

• December 17, 2024: The district court again denied the Government's request to lift the injunction, leaving the CTA's enforcement blocked. (Texas Top Cop Shop, Inc. v. Garland, 2024 WL 5145951).

• December 23, 2024: A motions panel of the Fifth Circuit Court of Appeals granted the Government’s emergency motion for a stay pending appeal, effectively reinstating the enforcement of the CTA and Reporting Rule. The panel also expedited the appeal for the next available oral argument. (Texas Top Cop Shop, Inc. v. Garland, No. 24-40792, 2024 WL 5203138).

• December 26, 2024: The Fifth Circuit Court issued an order vacating the motions-panel's stay that had allowed enforcement of the CTA. This decision reinstated the district court's injunction, pausing enforcement again. The appeal remains expedited, and a briefing schedule is forthcoming. (https://www.ca5.uscourts.gov/opinions/unpub/24/24-40792..pdf<)