California’s Newsom Signs First-in-the-Nation Law Requiring Companies to Disclose Historical Ties to Slavery
- Governor Gavin Newsom signed California’s Assembly Bill 2599, creating the nation’s first law requiring certain companies to disclose historical ties to chattel slavery.
- The law covers businesses with more than $100 million in worldwide annual revenue that existed, or had predecessors, by December 31, 1964.
- Once funded, covered companies must submit sworn disclosures to the California Civil Rights Department by January 15, 2029.
- Kristin Nimmers of the California Black Power Network called the law a major victory and said it was one step toward broader reparations efforts.
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6 Articles
Washington Times
The New York LedgerCalifornia law forces big companies to search for slavery-era ties, publish results
California Gov. Gavin Newsom has signed a law requiring large companies to search their records for ties to slavery and report the results under oath. Reparations advocates are hailing it as a milestone, but it won't take effect until lawmakers pay for it.
California Corporate Slavery Disclosure Law Signed by Newsom
Gov. Gavin Newsom signed California's first-in-the-nation corporate slavery disclosure law, which reparations activists celebrate as an important victory toward broader racial repair. California now requires large companies doing business in the state to investigate and report any historical ties to chattel slavery, after Gov. Gavin Newsom signed Assembly Bill 2599 on Sept. 30. The measure, […]
Reparations activists celebrate 'important victory' after Newsom signs first-ever corporate slavery bill
Governor Gavin Newsom signed a first-in-the-nation California reparations bill requiring large corporations to disclose historical ties to slavery and chattel slavery transactions.
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