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Thread: 41P Issues

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  1. #1
    It would appear that shenanigans are afoot. The Senate has conveniently dropped Amendment 320 from their version (S 2131) of the House Appropriations Bill HR 2578. This is the amendment that would "defund" any attempt to enforce the CLEO signature requirements of 41P, if it gets promulgated. Contact your senators NOW and make sure they demand the inclusion of the House Amendments.

    Jeff Folloder

    NFATCA Executive Director
    www.nfatca.org










  2. #2
    Senior Member
    Join Date
    Aug 2013
    Location
    Fort Worth, TX
    Posts
    172
    What if this is a worst case scenario? Is 41P a one time CLEO sign off of on the trust or a sign off for each and every transfer?

  3. #3
    Quote Originally Posted by ExecDirector View Post
    It would appear that shenanigans are afoot. The Senate has conveniently dropped Amendment 320 from their version (S 2131) of the House Appropriations Bill HR 2578. This is the amendment that would "defund" any attempt to enforce the CLEO signature requirements of 41P, if it gets promulgated. Contact your senators NOW and make sure they demand the inclusion of the House Amendments.
    And this approach appears to now be dead.

    Jeff Folloder

    NFATCA Executive Director
    www.nfatca.org










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