With no policy committee hearings, and only mock-up language of the bill in hand, both houses of the Legislature on August 13 approved a $7.5 billion water bond for the November ballot (AB 1471, Rendon).
Revenues for the first month of the fiscal year exceeded budget estimates by $231.9 million
BOE Accepts FTB Position That Owner of Successful Business Sold it for No Gain, but Received Millions for Providing Services
Enter your email and zip code and we'll help keep you up-to-date with California tax news and legislative action.
The California Taxpayers Association is a nonpartisan, nonprofit organization founded in 1926 to protect taxpayers from unnecessary taxes and to promote government efficiency. We serve our members through research and advocacy on significant tax and spending issues in the legislative, executive and judicial branches of government.