● The law will also require California-based companies with more than 100 employees to show their median gender and racial pay gaps — a first for a US state. ● The bill will head to Governor Gavin Newsom, who has until Sept. 30 to sign or veto. He hasn’t yet expressed a position and didn’t immediately respond to a request for comment. ● In recent years, more states have adopted an array of transparency laws to fight the stubborn gender and racial pay gaps. ● Tap the link in our bio for more. (📸: David Paul Morris/Bloomberg)