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Pending Legislation

Latham & Watkins LLP

The CLARITY Act, Treasury Companies, and the (Digital) Commodity Pool

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On July 17, 2025, the House of Representatives passed the Digital Asset Market Clarity Act of 2025 (the CLARITY Act). This pivotal legislation introduces a comprehensive regulatory framework for the digital asset sector and...more

Jones Day

New York Legislature Targets Real Estate Lenders To Lower Rents

Jones Day on

In an effort to protect small businesses from high rents, on June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents. As of this writing, this...more

Ervin Cohen & Jessup LLP

Assembly Bill 1018: A Bill for Employers to Keep an (A)Eye On

As AI and automation tools become increasingly integrated into hiring and workplace operations, California’s Assembly Bill 1018 (AB 1018) is drawing significant attention for its potential to reshape how employers use these...more

Jones Day

U.S. House Passes GENIUS and CLARITY Acts, Signaling Bipartisan Support for Digital Assets

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The GENIUS Act's passage marks the first major crypto legislation approved by both chambers of Congress, signaling a significant step toward regulatory clarity for stablecoins, while the CLARITY Act's advancement by the House...more

WilmerHale

What the GENIUS Act Means for Payment Stablecoin Issuers, Banks, and Custodians

WilmerHale on

The US House of Representatives has passed stablecoin legislation as part of “Crypto Week” on Capitol Hill. S. 1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS or the Act), passed the US...more

Jones Day

New York Legislature Passes Bill Banning Rent Minimum Provisions in Real Estate Loan Documents

Jones Day on

On June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents....more

Venable LLP

Congress Passes The GENIUS Act: Key Impacts for the Payments Industry and Financial Institutions

Venable LLP on

In a major step toward establishing regulatory clarity for digital assets, the House of Representatives passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act on Thursday, July 17, alongside...more

BCLP

The End of the NDA?

BCLP on

It has been announced that, next week, the government will table an amendment to the Employment Rights Bill proposing to prohibit Non-Disclosure Agreements (NDAs) relating to employees who are subject to harassment or...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – July 2025

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Parker Poe Adams & Bernstein LLP

California Bill Would Limit Use of AI and Personality Testing in Workplace

California often acts as the nation’s laboratory for employment laws that are eventually adopted by other states or even the federal government. Earlier this month, the California Senate passed a measure that would sharply...more

Ballard Spahr LLP

NYC Comptroller calls for strengthening city, state consumer protection laws, regulations

Ballard Spahr LLP on

Accusing the Trump Administration of “dismantling” the CFPB, New York City Comptroller Brad Lander is calling on city and state officials to fill the void by strengthening consumer protection laws and rules in the city and...more

Fenwick & West LLP

Brands May Need To Disclose The Use of AI Performers

Fenwick & West LLP on

The New York legislature recently passed a bill, A.8887-B(Rosenthal)/S.8420-A(Gianaris), that would mandate the conspicuous disclosure of "synthetic performers" in advertisements. A synthetic performer is defined as a...more

BakerHostetler

New York Senate Passes Half-Million-Dollar Noncompete Wage Limit

BakerHostetler on

As alluded to in our alert regarding nationwide changes in noncompete law, on June 9 the New York State Senate passed Senate Bill S4641 (S4641), which would restrict the use of noncompetes in New York for anyone earning less...more

Troutman Pepper Locke

Texas Senate Bill 840: A Game-Changer for Housing Development

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On May 28, Senate Bill 840 arrived on Texas Governor Greg Abbott’s desk after passing the Texas House and Texas Senate with bipartisan support. Authored by State Senator Bryan Hughes, the bill aims to increase the state’s...more

Goodwin

Federal Stablecoin Legislation Poised to Implement Comprehensive Regulatory Framework for Payment Stablecoins

Goodwin on

The Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act”), which would comprehensively regulate stablecoins in the United States, was adopted by the U.S. Senate on June 17 by a bipartisan...more

BakerHostetler

Weekly Blockchain Blog - June 2025 #4

BakerHostetler on

US Bank Unveils ‘Deposit Token’; Exchange Launches Multiple Crypto Products - According to recent reports, the largest bank in the U.S. has unveiled plans to pilot a so-called “deposit token,” JPMD, on the Ethereum...more

WilmerHale

New York Legislature Passes FAIR Business Practices Act

WilmerHale on

As federal consumer protection enforcement has recently taken a sharp turn towards less regulation and enforcement, states continue efforts to fill the gap left by the federal pullback. ...more

Holland & Knight LLP

Congreso de la República de Colombia aprueba en último debate reforma laboral

Holland & Knight LLP on

La Plenaria del Senado de Colombia el 17 de junio de 2025, aprobó en cuarto debate el proyecto de reforma laboral. La iniciativa pasará ahora a etapa de conciliación y aprobación final en ambas cámaras antes del 20 de junio...more

Allen Matkins

Other Pending State Housing Laws

Allen Matkins on

Our firm is tracking a myriad of other pending state housing laws, most of which were proposed as part of the “Fast Track Housing” package. Those bills are briefly summarized below. The following summaries reflect the status...more

Fenwick & West LLP

U.S. Senate Passes the GENIUS Act - Stablecoin Legislation Moves to the House

Fenwick & West LLP on

On June 17, 2025, the U.S. Senate passed S. 1582 (GENIUS Act) with bipartisan support (68–30), creating the first comprehensive federal framework for stablecoin regulation. This landmark legislation establishes clear...more

Allen Matkins

Pending State Housing Laws: Expedited Approval of Post-Entitlement Permits

Allen Matkins on

Various state housing bills are currently making their way through the California State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the...more

Allen Matkins

Pending State Housing Laws: State Housing Element Law Amendments and New Developer Protections

Allen Matkins on

Various state housing bills are currently making their way through the California State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

California Senate Passes Nation’s First Bill for Accessibility Violation Cure Period

The California Senate recently passed legislation (Senate Bill No. 84) that would require a plaintiff to give a qualified business notice and 120 days to cure an accessibility violation before filing a lawsuit seeking...more

Troutman Pepper Locke

Florida’s CHOICE Act Expected to Expand Employer-Friendly Non-Compete Laws on ‎July 1‎

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Pending expected approval from Gov. Ron DeSantis, Florida’s Contracts Honoring Opportunity, Investment, Confidentiality, and Economic Growth (CHOICE) Act is expected to go into effect on July 1, 2025. Once in place, the...more

Troutman Pepper Locke

Texas Senate Bill 3: A Sweeping Ban on Intoxicating Hemp-Derived Products — Implications for the Industry

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On May 27, the Texas Legislature sent Senate Bill 3 (SB3) to Gov. Greg Abbott for signature, marking a potentially seismic shift in the legal landscape for hemp-derived cannabinoid products in the state. If signed into law –...more

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