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Corporate Transparency Act Update

March 28, 2025
On March 21, 2025, Financial Crimes Enforcement Network (FinCEN), of the U.S. Department of Treasury which enforces the Corporate Transparency Act (CTA) issued an interim final rule removing the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN. The final rule is anticipated to be issued and in effect this year.
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CAI’s Virginia Legislative Action Committee (VALAC) Issues a Call to Action Opposing HB 2542- HAM radio legislation

January 22, 2025

HB 2542 is proposed Virginia legislation which aims to prohibit associations from being able to restrict installation of HAM radio antennae upon shared roofing structures, patios, balconies and other areas owned or controlled by owners within condominium, cooperatives, and property owners associations, unless the recorded covenants explicitly prohibit these antennae. 

Please find the link below for the CAI’s VALAC call to action for community associations to oppose HB 2542.OSE HB 2542

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