NewsomStateOfTheState

2021 CalTaxletter No. 10

    • Federal COVID Relief Legislation: Federal COVID Relief Bill Attempts to Ban Tax Cuts in States That Receive Relief Funds
      Local Taxes: South Coast Air District Postpones Hearing on Proposal to Impose Local Tax Without Voter Approval
  • Continue reading

    Newport Beach Bay

    2021 CalTaxletter No. 9

    • Franchise Tax Board: FTB Approves Staff Request to Proceed With Amendments to Regulation 25137
      Legislative Update: Proposition 19 Implementation Bill Clears First Committee
  • Continue reading

    Gaslamp Quarter San Diego

    2021 CalTaxletter No. 5

    • Governor: Effort to Recall Governor Reports Major Funding and 1.4 Million Signatures
      Legislature:During Oversight Hearing, Lawmakers Scold EDD Officials for Mismanaging Unemployment Claims
      In Memory: Respected Legislative Tax Consultant Martin Helmke Passes Away
  • Continue reading

    Downtown Los Angeles Skyline

    2021 CalTaxletter No. 4

    Heeding the advice of the Legislative Analyst’s Office to take a deliberate pace when considering Governor Gavin Newsom’s budget proposal for 2021-22, both houses of the Legislature canceled several scheduled budget committee hearings this week.

    Continue reading

    morro rock morro bay

    2021 CalTaxletter No. 3

    Revenue from the state government’s three largest taxes beat budget projections by $3 billion (21 percent) for the month of December, the Legislative Analyst’s Office (LAO) reported January 20.

    Continue reading

    Bay Bridge SF

    2021 CalTaxletter No. 2

    Governor Gavin Newsom’s $227.2 billion state budget proposal for 2021-22 asks the Legislature to approve $5 billion in spending within the next few weeks, but Legislative Analyst Gabe Petek warned lawmakers not to rush the process.

    Continue reading

    Yosemite

    2021 CalTaxletter No. 1

    Governor Gavin Newsom this morning unveiled a $227.2 billion state budget proposal – roughly $25 billion higher than the budget enacted last summer …

    Continue reading