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2020 CalTaxletter No. 8

Assembly Member Kansen Chu this week introduced AB 2843, which would require local governments to impose an additional annual business license tax based on the number of employees – businesses with more workers would be penalized with higher taxes.

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2020 CalTaxletter No. 7

Only 45 percent of California’s registered voters support the split-roll property tax initiative, according to poll numbers released this month by the University of Southern California Rossier School of Education.

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2020 CalTaxletter No. 6

An initiative seeking to expand local governments’ authority to impose rent control qualified February 3 for the November ballot.
Initiative 19-0001 would allow governments to impose rent control ordinances on properties that are more than 15 years old.

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2019 CalTaxletter No. 20

The split-roll property tax initiative qualified for the November 2020 ballot would be “impossible to implement,” Santa Clara County Assessor Larry Stone said May 22 during a tax policy conference hosted by the Sacramento publication Capitol Weekly.

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2020 CalTaxletter No. 4

The Senate Budget and Fiscal Review Committee launched the Legislature’s 2020-21 budget process January 23 with an informational hearing where senators expressed goals and concerns to representatives of the governor’s Department of Finance.

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2020 CalTaxletter No. 3

The Senate Governance and Finance Committee voted 4-2 on January 15 to approve SB 37 (Skinner), which would make California’s top corporate income tax rate the highest in the United States, but there are signs that the bill will not advance further in its current form.

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2020 CalTaxletter No. 2

Governor Gavin Newsom this morning unveiled a $222.2 billion state budget proposal, reflecting a $7.4 billion increase in total spending (general fund and special funds) over the budget enacted in June.

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2019 CalTaxletter No. 40

Democrats in the state Assembly released a state budget “blueprint” December 9 that does not explicitly call for increased taxes or fees. The first page of the document cites the Legislative Analyst’s Office recommendation to limit spending …