News Stories

May 11, 2018

By Dylan Svoboda

What’s in a name? When it comes to social media, maybe a lot more than you think.

There is a move in the Capitol to force social media companies such as Twitter and Facebook to identify “bots,” those robot-like, automated accounts that move through the internet and interact with real people — and each other.

April 28, 2018

By Olga Grigoryants

A massive San Fernando Valley transit project is poised to get a piece of $1.7 billion in state funding, officials said.

The East San Fernando Valley Transit Corridor and a few other Valley transit projects might receive the funding in the form of grants if they are approved by the California Transportation Commission next month.

The funding comes from Senate Bill 1, overseen by the California State Transportation Agency in partnership with the Local Partnership Program and Solutions for Congested Corridors Program.

April 25, 2018

by Catherine Ho

A second state Senate committee on Wednesday approved a bill that would make it easier for California cannabis businesses to write checks — instead of using hoards of cash, as is common practice now — to pay taxes, rent and fees to vendors.

April 23, 2018

California could become the next U.S. state that allows companies to store data - including information about stockholders - on a blockchain.

Bill 838 was first introduced by Senator Robert Hertzberg in January, but public filings show that the measure has picked up steam in recent days. The State Senate's Banking and Financial Institutions Committee referred the measure to the Judiciary Committee on April 18 after advancing it with a "do pass" recommendation.

April 20, 2018

By Mark Anderson

A bill before the California Senate would seek to create limited-service banks and credit unions for the cannabis industry, which is largely banned from using the regular banking system.

Senate Bill 930, which would allow marijuana businesses to write special checks to pay some of their businesses expenses, was approved on a unanimous vote by the Senate Bank and Financial Institutions Committee on Wednesday. The legislation was introduced in January by Sen. Robert Hertzberg, D-Van Nuys.

April 19, 2018

By The Sacramento Bee Editorial Board

There will be plenty of stoned Californians on Friday, the first 4/20 celebration since recreational marijuana became legal in the state.

Thank goodness that some sober folks in the Legislature are finally taking on a major problem – how to handle all the cash in what is projected to be a $7 billion industry by 2020.

April 18, 2018

by Patrick McGreevy

California would license special banks to handle billions of dollars generated by the legal marijuana market under legislation buoyed by recent comments from the Trump administration and given initial approval by state lawmakers Wednesday.

April 11, 2018

California pays the highest traffic fines in the country. For many, these fines can lead to cycles of debt. A recent report has shown that these fines disproportionately affect low income communities and communities of color. California Senator Bob Hertzberg joins Gina Dalma, vice president of government relations for SVCF in a conversation about how California got here and how reforms are beginning to help individuals. The discussion closes with advice from Sen. Hertzberg on how organizations can effectively push for policy reform.

April 7, 2018

By Mike Mielke

While the rains of March and early April were a welcome relief, they will likely do little over the long-term to lift California out of its water crisis. That’s because the state’s single largest source of water storage – the Sierra Snowpack – has been reduced considerably in recent decades and is projected to shrink more in the future, as we enter a “new normal” with hotter and drier years to come due to man-made climate change.

April 3, 2018

By Selina Wang

California has proposed legislation that would require social platforms like Facebook Inc. and Twitter Inc. to identify automated accounts, or bots, amid a push by state lawmakers to police the technology companies that have proven vulnerable to manipulation and the spread of fake news.

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