Free subscription to the Capitol Journal keeps you current on legislative and regulatory news.
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...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
A bill (HB 591) introduced in Florida this month would require social media companies to disclose to users that that they employ “addictive design features” like auto play and infinite scrolling.
The bill is part of a growing bipartisan wave of legislation aimed at protecting teenage users from the potential harms that could come to them from using social media. But Florida’s measure is different from legislation introduced in states like Maryland and New Mexico, which are modeled after the child data privacy law (AB 2273) passed in California last year, prohibiting social media platforms from employing addictive algorithms and limiting the data they’re allowed to collect on teenage users.
Another approach is being taken in Ohio, where Gov. Mike DeWine (R) has proposed a budget calling for social media companies to obtain parental consent before letting those under the age of 16 access their platforms. (PLURIBUS NEWS, COLUMBUS DISPATCH, STATE NET)
A bill (HB 121) under consideration in the Vermont House would amend the state’s consumer privacy law to allow residents to request that their data not be tracked by data brokers and to have any data already collected deleted. The measure would also prohibit businesses from collecting biometric data such as fingerprints without consent and from sharing such data with law enforcement without a court order. (VTDIGGER, STATE NET)
The SEC voted 4-1 to propose changes to federal rules that would expand federal custody requirements to include assets like cryptocurrencies. The proposed changes would require custodians of any client assets, including cryptocurrencies, to hold those assets with a federal- or state-chartered bank or qualify as a registered broker-dealer or other specific type of financial institution. (CNBC)
—Compiled by KOREY CLARK