Zan-Ozimek asks:
Before 1 July 2025, will a pertinent US federal court lift, stay, or vacate the nationwide preliminary injunction against enforcement of the Corporate Transparency Act's (CTA's) reporting requirements as ordered by the District Court of Eastern District of Texas (District Court)?
Closed Dec 23, 2024 03:00PM UTC
On 3 December 2024, the District Court granted a motion for a nationwide preliminary injunction preventing enforcement of part of the CTA requiring that businesses report ownership information about corporations in the US organized under state law (§5336), which the court ruled was likely unconstitutional (National Federation of Independent Business, Gulf Coast Business Law Blog, District Court Memorandum and Order, Cornell - 31 USC § 5336). For the purposes of this question, the reporting rule promulgated pursuant to the CTA is considered part of the reporting requirements (Code of Federal Regulations). A "pertinent US federal court" includes the District Court, any federal circuit court, and the US Supreme Court. A pertinent US federal court limiting the injunction from applying nationwide will count, and another federal court merely ruling to the contrary as to the CTA's constitutionality in a separate case alone will not count.
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The question closed "Yes" with a closing date of 23 December 2024.
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Possible Answer | Correct? | Final Crowd Forecast |
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Yes | 37% | |
No | 63% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 19 |
Average for questions in their first 4 weeks: 93 | |
Number of Forecasts | 34 |
Average for questions in their first 4 weeks: 165 |
Accuracy | |
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Participants in this question vs. all forecasters | average |