Monday, June 5, 2023

Federal Update

CalChamber Expresses Concern on Federal Antitrust Legislation, Regulation

The California Chamber of Commerce has sent a letter of concern to the California Congressional Delegation on the economic consequences of recent federal proposals...

CalChamber Backs Bipartisan Infrastructure Framework

The California Chamber of Commerce is urging the California congressional delegation to support the bipartisan infrastructure plan endorsed by President Joe Biden and a...

U.S. Labor Agency Gives More Time to Comment on Proposed Rules

The U.S. Department of Labor (DOL) has extended the comment period for two proposed rules—one that revises and clarifies joint-employer arrangements and another that...

Federal Agency Releases New Approach for Dealing with California Water Operations

This week, the federal Bureau of Reclamation released a lengthy document outlining a new approach applying scientific principles to state operations affecting water supply...

Federal Legislation Eases California Water Shortages

California’s water future will get brighter with the passage of the bipartisan, comprehensive federal legislation, America’s Water Infrastructure Act 2018 (AWIA). The bill passed the...

Federal Tax Reform Means More Business Taxes for California

California’s corporate tax base may increase by up to 12% as a result of federal tax reform legislation, according to a study recently released...

U.S. House OKs Retroactive Renewal of Cost-Saving Trade Preference Program

This week, the U.S. House of Representatives approved bipartisan legislation providing a three-year retroactive renewal of the Generalized System of Preferences (GSP) program. The 400-2...

Unemployment Insurance Trust Fund Status

California appears to be on track to repay its unemployment insurance (UI) fund debt to the federal government by the end of the year. The...

GOP Senators Offer Variations on House Tax Code Rewrite

Republicans in the U.S. Senate last week released a plan for overhauling the federal tax code that differs on a number of key provisions...

GOP Lawmakers Release U.S. Tax Code Revamp

Republicans in the U.S. House of Representatives this week released their plan for rewriting the federal tax code. Depending on one’s business or personal situation,...