2020 CalTaxletter No. 21
The split-roll property tax initiative has qualified for the November ballot based on signature-verification data posted May 28 on the Secretary of State’s Office website.
The split-roll property tax initiative has qualified for the November ballot based on signature-verification data posted May 28 on the Secretary of State’s Office website.
The Legislature’s budget deliberations kicked into high gear this week with committee hearings on Governor Gavin Newsom’s budget revision that proposes $9.2 billion in tax increases on corporate taxpayers.
Governor Gavin Newsom released his revised budget proposal May 14, a $203.3 billion spending plan for the 2020-21 fiscal year that calls for higher taxes…
The Assembly returned from its almost two-month recess May 4 and the Senate is scheduled to reconvene May 11, with several tax-related bills on their respective calendars.
Both houses of the Legislature this week announced plans for resuming the 2019-20 legislative session this month with physical distancing requirements that will limit the ability of the public and media to participate in person.
Support for the split-roll property tax initiative continues to hover near 50 percent, the Public Policy Institute of California (PPIC) reported April 22 in its latest poll on the measure.
The California Tax Foundation released a study April 6 documenting 120,000 private-sector job losses, housing problems and other economic impacts that will occur …
Proponents of the split-roll initiative announced April 2 that they are submitting 1.7 million signatures to county elections offices – approximately 700,000 …
The California Taxpayers Association held its Annual Meeting on March 24, convening via conference call to discuss the status of California’s tax system and the potential economic impact of the …
California’s response to the COVID-19 pandemic reached a new phase this week, as residents were directed by the governor to stay home to avoid spreading the virus, and private businesses, schools …