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CFO Patronis Legislative Update for February 5, 2024

2/5/2024

Senate Bill 1066 (Senator Burton) – 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.

  • Senate Bill 1066 was reported favorable in the Senate Judiciary Committee today.

Thanks,

Communications Team                                      

CFO Jimmy Patronis

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