Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · BILL · 116th Congress · H.R. 6056 (Introduced in House) — To establish the obligations of certain large business entities in the United States, and for other purposes. · Sec. 3

Sec. 3. Office of United States Corporations

379 words·~2 min read·/bill/116/hr/6056/ih/section-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

There is established within the Department of Commerce the Office of United States Corporations. There is established the position of Director of the Office, who shall be the head of the Office. Except as provided in subparagraph (E), the Director shall be appointed by the President, by and with the advice and consent of the Senate, from among individuals who are citizens of the United States. The Director shall be appointed for a term of 4 years, unless removed before the end of that term by the President.
A vacancy in the position of Director that occurs before the expiration of the term for which a Director was appointed shall be filled in the manner established under subparagraph (A), and the Director appointed to fill that vacancy shall be appointed only for the remainder of that term. An individual may serve as the Director after the expiration of the term for which the individual was appointed until a successor has been appointed. The Secretary of Commerce shall appoint an individual to serve as the Director until an individual is appointed to serve as the Director in accordance with subparagraph (A).
The Office shall— review and grant charter applications for large entities; monitor whether large entities have obtained a charter in accordance with this Act; except as provided in paragraph (4)(B), refer any violation of this Act to the appropriate Federal agency for enforcement with respect to that violation; and when appropriate— rescind the charters of United States corporations under section 4(b); revoke the charters of United States corporations under sections 6(c)(2)(B)(ii), 8(c)(2), and 9; and issue rules to prevent entities from taking action to intentionally avoid qualifying as large entities.
Section 6103(m) of the Internal Revenue Code of 1986 is amended by adding at the end the following: Upon written request by the Director of the Office of United States Corporations, the Secretary shall disclose taxpayer identity information to officers and employees of the Office of United States Corporations solely for purposes of identifying any taxpayer that satisfies the requirement under section 2(2)(A)(iii) or 4(b) of the Accountable Capitalism Act for the most recent taxable year for which information is available. .
The amendment made by this subsection shall take effect on the date of enactment of this Act.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.