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California Mandates Disclosure of Slavery Profits | Los Angeles News

California has enacted a revolutionary law mandating large companies to disclose any profits linked to slavery, known as the Truth in Disclosure Act. This pioneering legislation applies to firms with over $100 million in annual revenue, requiring them to provide records of their historical connections to slavery via a searchable database. Non-compliance could lead to penalties, with the first filings due by January 15, 2029. Advocates hope this transparency will reveal the ties between www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and produced…

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