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State and Local Government State Legislatures Risk Management

Offit Kurman

The “One Big Beautiful” Bill and the State of AI Regulation

Offit Kurman on

After several weeks of back and forth on a potential 10-year moratorium on state or local AI legislation and regulation enforcement, the final version of the so-called One Big Beautiful Bill Act, signed into law on July 4,...more

Sheppard Mullin Richter & Hampton LLP

Big State, Big Scrutiny: Texas Steps into the Foreign Investment Review Arena

Recently, the Texas House of Representatives introduced HB 5007, along with its companion bill SB 2117. The legislation—“Relating to the establishment of the Texas Committee on Foreign Investment to review certain...more

Sheppard Mullin Richter & Hampton LLP

US State AI Legislation: Virginia Vetoes, Colorado (Re)Considers, and Texas Transforms

The Virginia law, like the Colorado Act, would have imposed various obligations on companies involved in the creation or deployment of high-risk AI systems that influence significant decisions about individuals in areas such...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Consensus Revenue Forecast Released, Helene Work Continues

Brooks Pierce on

The recent release of the Consensus General Fund Revenue Forecast is a sign that work on the new state budget has begun. Although some legislators were in Raleigh this week, no votes were taken given inclement weather....more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 10 - January 2025

The Georgia General Assembly got off to a fast start on Monday with the State Senate taking up its first substantive measures of the session before both bodies filled the afternoon with committee hearings. But before...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hot Topics: AI and ESG

The US Government Is Using AI To Detect Potential Wrongdoing, and Companies Should Too With agencies such as the SEC and DOJ using AI and other data analytics tools extensively to detect wrongdoing, companies need to adopt...more

Woods Rogers

Overview of Virginia’s AI Executive Order

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In January 2024, Virginia Governor Glenn Youngkin announced and signed Executive Order 30 on Artificial Intelligence (EO 30), establishing “important safety standards to ensure the responsible, ethical, and transparent use of...more

Bradley Arant Boult Cummings LLP

Florida Bill Proposes Safe Harbor Against Breach Suits to Businesses Maintaining Recognized Cybersecurity Programs

A recently introduced bill in the Florida Legislature would provide businesses operating in Florida, including health care providers, with a legal defense to data breach lawsuits if they maintain robust cybersecurity measures...more

Perkins Coie

California Enacts Broad Climate Disclosure Laws

Perkins Coie on

California Governor Gavin Newsom signed two climate disclosure bills into law on October 7, 2023. They will impose significant reporting obligations on thousands of companies doing business in California. SB 253, the Climate...more

Bass, Berry & Sims PLC

California Legislature Passes Significant Climate Disclosure Bills With Potential Broad Scope

Bass, Berry & Sims PLC on

Over the weekend, California Governor Gavin Newsom signed into law two major climate-related disclosure bills, Senate Bill 253: Climate Corporate Data Accountability Act (SB 253) and Senate Bill 261: Greenhouse Gases:...more

Fenwick & West LLP

California’s Proposed Bills Require Companies to Report on Climate Emissions and Risks

Fenwick & West LLP on

While all eyes are on proposed federal and European climate disclosure rules, the California legislature passed two climate-related bills that overlap somewhat with the Securities and Exchange Commission (SEC)’s proposed...more

Bradley Arant Boult Cummings LLP

CannaBanking in Alabama: Will Financial Institutions See Green?

Medical cannabis is on the way in Alabama. What does that mean for Alabama banks? The implications of this development are enormous for the financial services industry in Alabama, as each institution will soon have to...more

Alston & Bird

State Legislatures Consider Bans on Ransomware Payments

Alston & Bird on

As ransomware attacks continue to dominate the news cycle, legislation has recently been introduced in several states that would place limits on certain entities’ ability to pay a ransom payment in the event of a ransomware...more

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