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MI to Weigh Ban on Stock Buybacks for Companies Receiving Tax Breaks Michigan Sen. Mallory McMorrow (D) introduced a bill ( SB 783 ) that would prohibit publicly traded companies receiving economic incentives...
VA House Passes Paid Sick Leave Bill Virginia’s House of Delegates approved a bill ( HB 5 ) that would expand the state’s current paid sick leave law, which applies only to a small segment...
VA Lawmakers Okay Prescription Drug Affordability Board Virginia lawmakers have passed legislation ( SB 271 / HB 483 ) that would create a prescription drug affordability board to review drug prices...
Geolocation data has become a new frontier in privacy protection. This year, Virginia could join Maryland and Oregon as the first states to prohibit the sale of information that provides the precise...
Insurance Bill Raises Concerns in FL A fast-moving bill ( SB 1028 ) in Florida, sponsored by Sen. Joe Gruters (R), chairman of the Senate’s Banking and Insurance Committee, would require Citizens...
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The European Union’s Parliament approved the AI Act, which could become the first comprehensive regulations for the artificial intelligence industry in the West. Among other things, the act would require generative AI systems like ChatGPT to undergo a review before being commercially released and ban real-time facial recognition. The act has a long way to go before becoming law, with the next step being obtaining approval from EU institutions, including the EU’s 27 member states. (CNBC)
Texas Gov. Greg Abbott (R) signed a bill (HB 5174) allocating $1.4 billion for microchip research and manufacturing initiatives to attract the industry to the state. Samsung and Texas Instruments have already committed to building new facilities there. (PLURIBUS NEWS, TEXAS TRIBUNE, STATE NET)
Democrats in the U.S. House selected Rep. Lou Correa (D-CA) as the new ranking member of the Judiciary Committee’s Subcommittee on the Administrative State, Regulatory Reform and Antitrust. Correa opposed a package of bills targeting large tech companies last session. The subcommittee’s previous ranking Democrat, Rep. David Cicilline (D-RI), was a lead supporter of that legislation. (LAW360)
–Compiled by SNCJ Managing Editor KOREY CLARK
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