Submission Number: 1609
Submission ID: 21351
Submission UUID: 003efd80-5904-4ff2-bd30-779a2a962684

Created: Mon, 03/10/2025 - 15:09
Completed: Mon, 03/10/2025 - 15:12
Changed: Wed, 03/12/2025 - 14:31

Remote IP address: 12.88.251.130
Submitted by: Anonymous
Language: English

Is draft: No

Flagged: Yes


Submitted Comment
Mark Fullmer
N/A
Clarification re: disclosure obligations under SB 253 and SB 261

Please see the attached letter requesting that the implementing regulations for SB 253 and SB 261 clarify the following for purposes of determining an entity’s disclosure obligations: (1) whether the operations of a subsidiary company doing business in California can be attributed to a direct or indirect parent company that does not do business in California and (2) whether the revenue of a direct or indirect parent company can be attributed to a subsidiary company when the parent company only does business in California through the subsidiary.