New York State Sen. Brad Hoylman-Sigal, D-Manhattan. Courtesy photo NY Bill Backers Push for LLC Transparency, Pointing to Alleged Theft of Construction Workers' Wages
A proposal backed by Democrats would disclose LLC owners to the state and create a first-in-the-nation public ownership database.
September 27, 2023 at 03:11 PM
3 minute read
A contingent of New York lawmakers and advocates gathered Wednesday near a "Billionaires' Row" tower in Manhattan where they said its owner, under a veil of secrecy, "cheated" construction workers of wages.
The group, composed of Democrats, gathered to urge Gov. Kathy Hochul to sign the LLC Transparency Act, which would require LLCs to disclose their owners to the state and create a first-in-the-nation public ownership database.
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