Budget
Governor Signs Infrastructure Streamlining, Budget Trailer Bills
This week, Governor Gavin Newsom signed into law a slate of bills to accelerate critical infrastructure projects across California that upgrade the electric grid,...
Governor Signs State Budget Bill; Talks on Trailer Bills Continue
Governor Gavin Newsom signed the state budget bill this week, but many other components of the state spending plan must still come together.
The final...
Budget: CalChamber Supports CalCompetes Tax Credit
The California Chamber of Commerce is supporting the Governor’s budget proposal to provide $120 million to fund a third year of the California Competes...
Budget: CalChamber Backs Film/TV Tax Credit
The California Chamber of Commerce is supporting the Governor’s budget proposal to extend the film and television tax credit, which has proven effective at...
Budget: CalChamber Backs COVID Sick Leave Grants
The California Chamber of Commerce is supporting the Governor’s budget proposal to allocate $250 million for relief grants to help small businesses and nonprofits...
Governor’s Budget Plans for Uncertain Economy
Governor Gavin Newsom presented a balanced budget this week with no new general tax increases. He identified a $22.5 billion “shortfall” between previously expected...
Adopted Budget Includes Targeted Tax Benefits, One-Time Increases
This week the Legislature passed, and the Governor signed a $300 billion state budget that includes a number of targeted tax benefits for businesses,...
May Budget Revise Focuses on Use of Record Surplus
The strong economic performance by key California industry sectors and entrepreneurs was reflected last week in the upward revision of the state’s general revenues...
We’ve Reached Peak Budget
The Legislative Analyst has cried “last call” for the state budget bash.
Even as the State Legislature enjoys the prospect of spending record budget surpluses,...
Revenue Windfall Provides Opportunity
California’s mighty work-from-home economic engine continues to create massive value for workers, employers and entrepreneurs — and not incidentally for the state treasury.
The nonpartisan...
