
Shady business owners can hide behind LLCs. California should make their identities public
"It would make it easier to enforce existing laws to protect the people who live and work in our communities across the state, increase government efficiency and ultimately save taxpayer dollars.
SB 1201 will not only allow for more robust enforcement of our laws but it will also give the public access to much-needed information. Understanding where corporate power and wealth is concentrated will help inform policy choices to create a California where everyone can thrive.
It will also give everyone the information they need to enforce their rights. While the most egregious cases rise to the level of enforcement by local and state governments, shining a light on the people doing business in California is good for everyone who calls the state home. The public needs the legislature to pass SB 1201 this year because accountability cannot wait," writes Suzanne Dershowitz.
Read full Op-Ed:
https://calmatters.org/commentary/2024/03/business-owners-hide-llc-transparency/