An Act to require public disclosures by publicly-traded corporate taxpayers
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill would require publicly-traded corporations operating in Massachusetts to make public disclosures about certain financial and operational information. The goal is to increase transparency regarding these companies’ activities and tax practices. Specifically, the bill aims to provide greater public access to data that could inform discussions about corporate responsibility and tax policy. This legislation builds upon previous proposals with similar aims.
Key provisions
- Publicly-traded corporations must disclose financial information.
- Disclosures would cover specific operational data.
- The bill intends to increase transparency for the public.
- The disclosures are aimed at promoting accountability.
- The bill applies to corporations with publicly traded stock.
Who is affected
- Publicly-traded corporations
- Massachusetts residents
- Taxpayers
- Corporate taxpayers
Notable changes
- This bill mandates public disclosure of corporate information, a change from the current lack of such requirements.
- It builds on previous attempts to increase corporate transparency.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
Arguments
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