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CFO Patronis Legislative Update for January 18, 2024

1/18/2024

House Bill 939 (Representative Griffitts) – Consumer Protection. This legislation, among other items, bars state agencies from contracting with censorship companies like NewsGuard, which is a self-described media monitoring, technology company. Additionally, the legislation will empower users on third-party payment processors (like PayPal and Venmo) to avoid wrongfully paying taxes on certain transactions the IRS is targeting.

  • House Bill 939 was reported favorable in the House Insurance and Banking Subcommittee today.

Thanks,

Communications Team                                      

CFO Jimmy Patronis