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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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A new front appears to have opened in the ongoing battle over environmental, social and governance (ESG) investing. In March Idaho Gov. Brad Little (R) signed the Transparency in Financial Services Act (SB 1027), prohibiting financial institutions with over $100 billion in assets from denying services for ideological reasons, a practice known as “debanking.” Florida and Tennessee have enacted similar measures. All three laws are based on model legislation drafted by the conservative group Alliance Defending Freedom. The model bill has been introduced in 17 states since last year. (PLURIBUS NEWS, ALLIANCE DEFENDING FREEDOM, LEXISNEXIS STATE NET)
California’s Department of Financial Protection and Innovation fined Coinme, a national cryptocurrency ATM operator based in Seattle, $300,000 for regulatory violations. The fine was the first issued under the state’s 2023 Digital Financial Assets Law. (STATE AFFAIRS)
—Compiled by SNCJ Managing Editor KOREY CLARK
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