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State and Local Government New York Disclosure Requirements

Perkins Coie

Get Ready for the New York LLC Transparency Act

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On March 1, 2024, New York Governor Kathy Hochul signed an amended version of the New York LLC Transparency Act (NYLTA), which was originally signed with provisions for amendments in December 2023. The NYLTA will go into...more

Fox Rothschild LLP

NY Is First State to Mandate LLC Ownership Disclosures

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New York has finalized its own set of disclosure requirements on limited liability companies, or LLCs, similar to those mandated by the federal Corporate Transparency Act (CTA). This makes New York the first state to impose...more

Foley Hoag LLP

The New York LLC Transparency Act (“NYLTA”) is Coming

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Governor Kathy Hochul signed the law in December 2023 setting out disclosure requirements for limited liability companies (“LLCs”) organized or doing business in New York and creating a database of beneficial owners of New...more

Morrison & Foerster LLP

MoFo’s State + Local Government Enforcement Newsletter - October 2023

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Morrison Foerster’s State and Local Government Task Force is pleased to provide our bimonthly newsletter summarizing some of the most important and interesting developments from state attorneys general across the country and...more

Rivkin Radler LLP

NY Enacts Scaled-Back Version of Hochul’s Health Care Transactions Proposal

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Following extended New York State budget negotiations, lawmakers have enacted a significantly modified version of Governor Hochul’s proposed health care transaction review bill. The bill, as originally proposed, included a...more

Foley Hoag LLP

New York Will Require Employers to Disclose Salary Ranges for All Advertised Jobs and Promotions

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On December 21, 2022, New York Governor Kathy Hochul signed a statewide pay transparency measure into law. The new law, which goes into effect on September 18, 2023, requires covered employers and employment agencies to list...more

Mintz - Employment Viewpoints

New York State Enacts Pay Transparency Law

On December 21, 2022, Governor Hochul signed into law S.9427-A/A.10477, which requires all private sector New York employers to list salary ranges for all advertised jobs and postings.  This law takes effect on September 17,...more

McDermott Will & Emery

A Look Through New York City’s Upcoming Wage Transparency Law

McDermott Will & Emery on

Effective November 1, 2022, New York City employers are required to comply with Local Law 59 of 2022, commonly known as the New York City Wage Transparency Law, by including compensation data in their job advertisements. The...more

Sheppard Mullin Richter & Hampton LLP

New York Publishes Proposed Rules on Commercial Financing Disclosures

On September 14, the New York Department of Financial Services (NYDFS) published a notice of proposed rules under New York’s Commercial Financing Disclosure Law (CFDL)...more

Perkins Coie

June Tip of the Month: Potential Changes to New York State Job Posting Requirements

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Employers throughout New York state may soon be required to include salary ranges in job postings, as well as promotion and transfer opportunities. On June 3, 2022, following in the footsteps of New York City’s recent salary...more

Gibney Anthony & Flaherty, LLP

New York Salary Transparency Law Amended and Delayed Until November 2022

On April 28, 2022, the New York City Council amended the New York City Salary Range Transparency Act. As a result of the amendment, the effective date will be moved from May 15, 2022 to November 1, 2022. The amendment is...more

Lowenstein Sandler LLP

Enforcement of New York City Salary Transparency in Job Posting Law Likely Delayed Until November 2022

Late last week the New York City Council passed an amendment to New York City’s highly anticipated salary disclosure law (which initial law we previously detailed here), which, pending New York City Mayor Eric Adams’...more

White and Williams LLP

New York Alleviates Some Requirements of the Comprehensive Insurance Disclosure Act

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After significant pushback from insurers and defendants, in late February the New York Legislature made amendments that reduce the burden of some of the original disclosure requirements of the Comprehensive Insurance...more

Harris Beach PLLC

Recent NYSED Decision Underscores Need for School Districts to Protect Data Privacy

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School districts must consider the sanctity and privacy of data they maintain, as a recent decision underscores from the New York State Education Department’s Office of the Chief Privacy Officer. This alert explains the...more

Sheppard Mullin Richter & Hampton LLP

NYDFS Issues Proposed Rules to Implement New Commercial Financing Disclosure Law

On October 20, the New York Department of Financial Services (NYDFS) issued proposed rules under New York’s Commercial Financing Disclosure Law (CFDL) (See S5470-B, as amended by S898). Under the CFDL, commercial financing...more

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