The proponents of the split-roll initiative that qualified for the November 2020 ballot filed a new version (Initiative 19-0008) August 13 in an attempt to fix drafting errors and make the measure more appealing to voters – in part …
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On July 1, the first day of the state’s new fiscal year, Governor Gavin Newsom signed the budget “trailer bill” enacting his tax conformity package (AB 91, Burke).
Governor Gavin Newsom signed the state budget bill (AB 74, Ting) on June 27, putting in place a $214.8 billion state spending plan for the fiscal year that begins July 1.
Both houses of the Legislature this week approved Governor Gavin Newsom’s proposal to selectively conform to federal laws, most of which are changes contained in the Tax Cuts and Jobs Act of 2017, sending the legislation (AB 91, Burke) to the governor…
The California budget process continued this week as the joint Budget Conference Committee met June 3 and June 4 to discuss differences between Governor Gavin Newsom’s proposals and those of the Assembly and Senate.
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Governor Gavin Newsom on May 9 released his revised budget for the 2019-20 fiscal year, proposing total state spending of $213.6 billion, an increase of $12.2 billion (approximately 6 percent) more than the budget approved for 2018-19.
The Senate Governance and Finance Committee voted 6-0 on May 1 to approve a bill establishing a new state board to study business-related “tax expenditures,” after the author agreed to the committee’s proposed amendments that deleted …
