- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
California lawmakers want corporations to disclose ties to slavery
Posted on 8/24/26 at 1:57 pm
Posted on 8/24/26 at 1:57 pm
can you say "shakedown"?
California lawmakers want corporations to disclose ties to slavery despite uncertain future for reparations
The Truth in Disclosure Act targets companies with over $100M in annual receipts across insurance, banking and railroads
California State Assemblymember Reggie Jones-Sawyer told Fox News Digital he wants the reparations proposal to be a roadmap for the rest of the country.
While the future of reparations in California remains uncertain, state lawmakers are continuing to push forward with related legislation despite a lack of clear consensus on broad direct cash payouts.
Most recently, Assemblymember Isaac Bryan, D-Ladera Heights, introduced Assembly Bill 2599, known as the Truth in Disclosure Act. The bill would require major corporations doing business in California with annual worldwide gross receipts over $100 million to review their historical records and submit sworn affidavits disclosing any past ties to chattel slavery.
If signed into law, AB 2599 would mandate that the California Civil Rights Department establish a digital public platform by Jan. 3, 2028, to archive disclosures on corporate historical ties to slavery. The measure focuses on sectors historically tied to the antebellum economy, including insurance, banking, tobacco, cotton, sugar, railroads and shipping.
"The Truth in Disclosure Act requires any company doing business in California with annual worldwide gross receipts of over $100 million to verify and search their records for any transactions related to wealth gained during chattel slavery and report that wealth to the state to be held in a digital archive," Bryan said.
The legislation was advanced by the Senate Appropriations Committee in August as part of the legislative "suspense file" clearing process, sending it to the full Senate floor. If passed and signed by Gov. Gavin Newsom, California would become the first state to require major private corporations to report under oath their historical or financial ties to chattel slavery.
LINK
California lawmakers want corporations to disclose ties to slavery despite uncertain future for reparations
The Truth in Disclosure Act targets companies with over $100M in annual receipts across insurance, banking and railroads
California State Assemblymember Reggie Jones-Sawyer told Fox News Digital he wants the reparations proposal to be a roadmap for the rest of the country.
While the future of reparations in California remains uncertain, state lawmakers are continuing to push forward with related legislation despite a lack of clear consensus on broad direct cash payouts.
Most recently, Assemblymember Isaac Bryan, D-Ladera Heights, introduced Assembly Bill 2599, known as the Truth in Disclosure Act. The bill would require major corporations doing business in California with annual worldwide gross receipts over $100 million to review their historical records and submit sworn affidavits disclosing any past ties to chattel slavery.
If signed into law, AB 2599 would mandate that the California Civil Rights Department establish a digital public platform by Jan. 3, 2028, to archive disclosures on corporate historical ties to slavery. The measure focuses on sectors historically tied to the antebellum economy, including insurance, banking, tobacco, cotton, sugar, railroads and shipping.
"The Truth in Disclosure Act requires any company doing business in California with annual worldwide gross receipts of over $100 million to verify and search their records for any transactions related to wealth gained during chattel slavery and report that wealth to the state to be held in a digital archive," Bryan said.
The legislation was advanced by the Senate Appropriations Committee in August as part of the legislative "suspense file" clearing process, sending it to the full Senate floor. If passed and signed by Gov. Gavin Newsom, California would become the first state to require major private corporations to report under oath their historical or financial ties to chattel slavery.
LINK
31
Posted on 8/24/26 at 2:00 pm to djmed
California is about 20-25 years ahead of most of the nation, it’s a precursor for what is to come. There are too many voters who simply do not care
Posted on 8/24/26 at 2:02 pm to djmed
These lawmakers need to start being sued along with the State, maybe then they will get the message.
Posted on 8/24/26 at 2:03 pm to djmed
So California is about to lose more businesses? 
Posted on 8/24/26 at 2:04 pm to djmed
Just when you think California can't frick itself any harder, it pulls out an even bigger dildo. 
Posted on 8/24/26 at 2:05 pm to djmed
Push legislation that every citizen needs to produce proof of being from slave ancestry.
Posted on 8/24/26 at 2:07 pm to djmed
Since most companies haven’t been around 161yeats only Muslim companies will be affected.Ot if mine had I would say prove it. The Yankees burned out business records.
Posted on 8/24/26 at 2:07 pm to djmed
Do a research of all those politicians family history. Let's see who had close ties to Mao, to Dictatorship/Cartels in Mexico and for the grand prize. Who have families who owned slaves.
Open Pandoras box you must live with it too.
Open Pandoras box you must live with it too.
Posted on 8/24/26 at 2:09 pm to djmed
They are about to lose some railroad service to go along with the billionaires
Posted on 8/24/26 at 2:09 pm to djmed
and what will the politicians and other usurpers in CA do with this information?
My guess it will be used to demand compensation for reparations....
The left is loony.... and will destroy what remains of this nation
My guess it will be used to demand compensation for reparations....
The left is loony.... and will destroy what remains of this nation
Posted on 8/24/26 at 2:12 pm to djmed
quote:
The Truth in Disclosure Act requires any company doing business in California with annual worldwide gross receipts of over $100 million to verify and search their records for any transactions related to wealth gained during chattel slavery and report that wealth to the state to be held in a digital archive," Bryan said.
Step 1: Find the most generous, far-left definition of "slavery" imaginable
Step 2: Flood the system with bullshite
Step 3: ????
Step 4: Profit
Posted on 8/24/26 at 2:15 pm to djmed
Very few companies exist that were operating in 1865, even fewer with $100 million in receipts.
And what qualifies as the "same company"?
With acquisitions, buyouts, name changes, etc., it's hard to even determine what is the original company and what is its connection to today.
Narrow it down to just $100 million companies and the number drops even lower. This is just a publicity stunt.
And slavery was legal, so that makes it even dumber.
And what qualifies as the "same company"?
With acquisitions, buyouts, name changes, etc., it's hard to even determine what is the original company and what is its connection to today.
Narrow it down to just $100 million companies and the number drops even lower. This is just a publicity stunt.
And slavery was legal, so that makes it even dumber.
Posted on 8/24/26 at 2:21 pm to Bjorn Cyborg
They will go after the rail road companies using track that had any slaves constructing track
Posted on 8/24/26 at 2:24 pm to djmed
quote:
The bill would require major corporations doing business in California with annual worldwide gross receipts over $100 million to review their historical records and submit sworn affidavits disclosing any past ties to chattel slavery.
Or what?
Posted on 8/24/26 at 2:26 pm to djmed
quote:
Ex post facto is a Latin term meaning "from a thing done afterward" or retroactively. In a general sense, it describes laws, decisions, or explanations formulated after an event has occurred.
In legal contexts, an ex post facto law is a statute that retroactively alters the legal consequences of actions committed before the law was enacted. Specifically, it is prohibited in the United States under Article I, Sections 9 and 10 of the Constitution, which ban laws that:
Criminalize conduct that was legal when performed.
Increase the punishment for a crime after it was committed.
Alter rules of evidence or procedure to disadvantage the accused regarding past acts.
Posted on 8/24/26 at 2:27 pm to djmed
I reckon now Wal~Mart, Target, and pretty much all the other major retailers are gonna have to 'fess up to selling goods manufactured by slave labor in China now, right?
Posted on 8/24/26 at 2:28 pm to Rip Torner
quote:
California is about 20-25 years ahead of most of the nation
You've got this backwards.
Posted on 8/24/26 at 2:29 pm to djmed
Does the Government also have to disclose their ties to slavery, because...um...
Posted on 8/24/26 at 2:31 pm to djmed
quote:
California lawmakers want corporations to disclose ties to slavery despite uncertain future for reparations
So are they concerned about something more recent like Mercedes Benz, BMW, and Audi as part of the Nazi industrial war machine? and there is more than that if you want to dig deeper
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News