The Legislature will take its first actions on Governor Gavin Newsom’s proposed 2022 budget and policy proposals this week and next, after negotiating a...
California’s revenues and economic conditions have continued to improve, enabling the state to address some of its greatest threats, such as climate change, the...
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...
The California Chamber of Commerce and a coalition of business groups are urging state legislators to restore the net operating loss deduction and business...
The Legislature fulfilled its constitutional obligation this week by approving a state budget just ahead of the June 15 deadline. But meeting the formal...
A bipartisan group of 25 California legislators led by Assemblymember Evan Low (D-Campbell) is urging Assembly Budget leadership to immediately end a tax increase...