For months, net neutrality proponents have advocated for the bill's passage-the bill would bar internet service providers (ISPs) from blocking, speeding up, or slowing down internet traffic-and have called it a "gold standard" bill for states looking to pass laws in light of the FCC's decision past year.
The bill would prohibit internet providers from blocking or slowing data based on its content or from favoring websites or video streams from companies that pay extra. Assembly Bill 2943 had already passed the Assembly and Senate and was one vote away from the governor's desk.
It shares that definition with the latest version of Senate Bill 838, which is authored by state Sen.
The proposals come amid rising privacy and security concerns about Internet of Things devices, including the potential for data collection from users.
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While California would be the first state in the nation to adopt such a measure, other countries, including Norway and Germany, have similar policies. Many fear the "cabelisation of the internet" that would occur under the absence of net neutrality. Jerry Brown that would put net neutrality regulations into state law.
The digital age requires more aggressive regulation, but it's a delicate balance between protecting consumers and companies.
The limitations provoked a loud outcry from internet providers such as Verizon and Comcast, which said the rules would add unnecessary costs to their businesses and prevent them from investing in upgrades to their networks. To opponents, the rules represented burdensome, harsh regulations on companies; for proponents, they were strong and necessary protections for consumers.
If it clears the state Senate and Brown signs it, SB 838 would provide the authorization for California corporations "to issue and transfer stock on a blockchain", as an alternative to issuing traditional share certificates and a share ledger, Hertzberg's office said in a fact sheet. In June, the measure appeared to hit a sudden snag when a key Assembly committee voted to strip out its toughest language - provisions that were restored two weeks later amid pressure from activists.
Lawmakers in California are sending legislation to Gov.