Calif. transparency bill aims to unmask corporate ownership

It will receive a hearing in the Assembly in July after the Senate passed it last month.
State Sen. Maria Elena Durazo (D) in Sacramento, Calif., Tuesday, Aug. 29, 2023. (AP Photo/Rich Pedroncelli)

California lawmakers are considering a first-in-the-nation bill that would require limited liability companies and certain corporations to publicly disclose their leaders and owners.

More transparency would help tenants, workers, researchers and law enforcement officers follow the money and stop bad actors from hiding behind opaque business structures, supporters say.

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