United States: California's New Law To Increase Transparency Of Founder Diversity In Investments By Venture Capital Companies - Ropes & Gray LLP

Credit: Mondaq- Published on October 12, 2023
On October 8, 2023, California Governor Gavin Newsom signed into law a bill intended to provide transparency with respect to venture capital investments.

Video credit: Wibbitz Top Stories
Published on October 12, 2023 -  01:31
California Becomes 1st State to Ban Food Additives Linked to Disease
California Becomes 1st State , to Ban Food Additives Linked to Disease. Gov. Gavin Newsom signed the California Food Safety Act into law on Oct. 7, NPR reports. . As a result, California is now the first U.S. state to ban four food and drink additives that have been associated with cancer and other diseases. The additives are already banned in several other countries, NPR reports. . The four banned additives are brominated vegetable oil, potassium bromate, propylparaben and red dye 3. . The law will be implemented in 2027 so that companies have time to "revise their recipes to avoid these harmful chemicals," Newsom said. Californians will still be able to access and enjoy their favorite food products, with greater confidence in the safety of such products, Gov. Gavin Newsom, via statement. Bill sponsor Jesse Gabriel said, "It's unacceptable that the U.S. is so far behind the rest of the world when it comes to food safety." . This bill will not ban any foods or products — it simply will require food companies to make minor modifications to their recipes and switch to the safer alternative ingredients that they already use in Europe and so many other places around the globe. , Jesse Gabriel, bill sponsor, via statement. Gabriel added that numerous top brands, such as Coke, Pepsi, Dunkin' and Panera, have already removed the additives from their products voluntarily. . Gabriel added that numerous top brands, such as Coke, Pepsi, Dunkin' and Panera, have already removed the additives from their products voluntarily.

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Related news from verified sources

California's governor recently signed into law SB 54, a bill intended to increase transparency regarding diversity of founding teams in the venture capital (VC)...
on October 17, 2023 • Mondaq

California recently passed a bill, SB-54, in an effort to increase transparency regarding diversity in the venture capital industry and to encourage investments...
on October 12, 2023 • Mondaq

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