Hochul signs act that will stop bad business practices
The legislation allows the government to hold business owners accountable for their actions.
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Dec 24, 2023, 6:50 PM
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Updated 367 days ago
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2h agoOn Saturday, Gov. Kathy Hochul signed the LLC Transparency Act, in an effort to stop bad business practices.
The legislation will create a database for LLC owners that will be accessible to government agencies and law enforcement. This allows them to hold business owners accountable for their actions and prevent misconduct such as wage theft, money laundering and tenant mistreatment.
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