Hertzberg Bot Bill and Cannabis Banking Bill Both Clear Second Assembly Committees
Both bills will next be heard in Assembly Appropriations
SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, today announced that two of his bills succeeded this morning in their second Assembly committee hearings.
SB 1101, the B.O.T Act of 2018 (Bolstering Online Transparency) was introduced with the support of Common Sense Kids Action to address the growing occurrence of automated bots masquerading as individuals and being weaponized to spread fake and misleading news with a goal of lending false credibility and reshaping political debates. The bill has taken amendments to address opposition’s concerns, but maintains its core goal of requiring bots to be identified as automated accounts online.
SB 930, co-sponsored by Board of Equalization Member Fiona Ma, would establish the framework for the cannabis industry, and vendors who do business with them, to legally bank with state licensed financial institutions. The bill has experienced growing bipartisan support since its introduction, with a co-author list that includes Senators Bradford, Galgiani, Moorlach, Wieckowski, and Wiener, as well as Assembly Members Bonta, Jones-Sawyer, McCarty, and Lackey. The list of supporters includes dozens of industry groups, cities and counties, labor and business groups.
Both bills will next head to the Assembly Appropriations Committee.