The Bill Headed to Newsom’s Desk That Could Force Corporations to Confess Their Slavery Ties

Los Angeles, CaliforniaSept. 22, 2022Los Angeles long-time resident, Walter Foster, age 80, holds up a sign as the Reparations Task Force meets to hear public input on reparations at the California Science Center in Los Angeles on Sept. 22, 2022. (Carolyn Cole / Los Angeles Times via Getty Images)
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If Newsom signs it, California will become the first state to make large companies disclose slavery-era profits in a public database that stays online indefinitely.

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For generations, the names of companies that profited from slavery have largely remained buried in old records, archives and history books. California lawmakers now want some of those companies to put that history on the record.

California lawmakers have passed legislation that would require certain large companies doing business in the state to disclose whether they or their predecessors profited from slavery-era transactions. If the measure becomes law, California would be the first state to impose such a requirement on major corporations.

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