The proposal, which FinCEN was previously slated to unveil this year, is expected to require real estate professionals report the identities of the beneficial owners of companies buying real estate in cash to the regulator. Anti-corruption advocates have been pushing for years for regulators to close a loophole they say allows criminals to hide money in U.S. real estate.
Read more at yahoo! Finance
On Thursday morning in Flint, Gov. Gretchen Whitmer signed into law a repeal of a nearly 30-year-old law that gave drug manufacturers immunity if their drugs caused harm for Michiganders.
Read more at Michigan Advance
Almost all the laws will go into effect 90 days after the legislature ends, which is February 13, 2024. The only exception is for the minimum wage increase, which goes into effect on January 1.
Read more at Fox2 Detroit