Last week, Matt Haney, the California Assembly’s Democrat member for San Francisco, submitted a bill to create a business category for DAOs. The bill limits DAO members’ obligations and liability for matters related to its operations. Administrators and agents could still be held accountable under certain circumstances, such as taking responsibility for an obligation in writing, receiving a benefit from a contract, or executing a contract without the DAO’s approval. Interestingly, the bill would also amend California’s corporations code to add ‘decentralized nonprofit associations’ (DNPAs), taking inspiration from the work of Miles Jennings and the a16z legal team. This would be a massive development for the development and legitimacy of DAOs in the US.