California lawmaker Maria Elana Durazo proposes a bill to require business owners and landlords to disclose identities, targeting opaque ownership structures.

California lawmaker Maria Elana Durazo proposes a bill to require business owners and landlords to disclose their identities, aiming to target opaque ownership structures that allow companies to skirt state laws without consequences. The bill would mandate businesses to list anyone owning at least 25% of their assets on their state registration, making ownership details publicly accessible.