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STATE NET® THOUGHT LEADERSHIP SERIES How Historic Adoption Rates Hold the Key to Forecasting Future Regulatory Action Just as state legislatures vary in their bill passage rates, some state agencies...
Judge Strikes Down Part of MD Digital Ad Tax Law A federal judge struck down a provision of Maryland’s first-in-the-nation digital advertising tax law that prohibited online companies from notifying...
NLRB Sues California to Block Labor Board Law The National Labor Relations Board has filed a lawsuit to block a new California law ( AB 288 ) empowering the state’s Public Employee Relations Board...
TX AG Sues Johnson & Johnson over Claimed Tylenol-Autism Link Texas Attorney General Ken Paxton (R) filed a lawsuit against Johnson & Johnson this week claiming the company hid the risks of Tylenol...
Over the past 47 years, seven states have enacted their own, state-level versions of the federal Community Reinvestment Act to ensure financial institutions within their jurisdictions are meeting the banking...
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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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