POLITICAL ARENA

Gov. Hochul signs LLC Transparency Act

By ERIC HARVEY
Posted 1/4/24

The LLC Transparency Act was signed into law Dec. 23 by Gov. Kathy Hochul. The legislation sponsored by state Sen. Brad Hoylman-Sigal and Assemblywoman Emily Gallagher will create a database of the beneficial owners of limited liability corporations that can be accessed by government agencies as well as law enforcement.

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