The bill has broad support from labor, housing, and environmental groups. A California lawmaker wants to require business owners and landlords to disclose their identities under legislation aimed at cracking down on opaque ownership structures that have enabled some companies to skirt state laws without facing consequences.Limited liability companies and similar corporations in the United States are often formed to protect a business owner’s personal assets.

BING NEWS:
  • California lawmakers rejects bill to restrict how utilities spend customers' money
    A bill in the state Legislature would have expanded the definitions of prohibited advertising and political influence to include things like regulators’ decisions on rate-setting and franchises ...
    04/23/2024 - 4:06 am | View Link
  • California Is Trying To Drive Landlords Out of Business
    California's crusade to protect tenants in a tight housing market is eroding the property rights of landlords, with potentially devastating consequences.
    04/19/2024 - 4:30 am | View Link
  • Understanding the ABCs of LLCs
    On January 1, 2024, the Corporate Transparency Act went into effect. The new rule requires small businesses and Limited liability companies (LLCs) to report ownership information to the Financial Crim ...
    04/18/2024 - 4:03 pm | View Link
  • California landlords and business owners won’t be able to hide behind LLCs if new bill passes
    The bill aims to uncover anonymous ownerships that enable businesses to dodge labor violations and environmental regulations.
    04/18/2024 - 1:37 am | View Link
  • Who owns businesses in California? A lawmaker wants the public to know
    (AP) — A California lawmaker wants to require business owners and landlords ... of LLCs and corporations. The investigation would have had taken half a day of work if Durazo’s bill was law ...
    04/17/2024 - 12:21 pm | View Link
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