Tag: R&D Tax Credit
Business Leaders Urge Newsom to Restore R&D Tax Credit
The California Chamber of Commerce and a coalition of business leaders are urging Governor Gavin Newsom to consider restoring California’s research and development (R&D)...
CalTax Files Suit Challenging State’s Retroactive Tax Increase
The California Taxpayers Association (CalTax) filed suit last month to challenge a retroactive tax increase, claiming it infringes on the rights of businesses operating...
Governor Signs Bill to Relicense Diablo Canyon Power Plant
A California Chamber of Commerce-supported bill that provides the mechanism to relicense the Diablo Canyon Nuclear Power Plant and ensure a source of essential...
Bill to Relicense Diablo Canyon Power Plant Goes to Governor
In the final hours of the session, legislators passed and sent to the Governor a CalChamber-supported bill, SB 846 (Dodd; D-Napa), that provides the...
Film Tax, Manufacturing Tax Credit Bills Continue On
CalChamber recently released its eighth semi-annual California Chamber of Commerce Poll and the results were clear: two-thirds of voters believe the country is headed...
Governor Signs Sick Leave, Small Business Relief Bills
Governor Gavin Newsom this week signed a bill package providing $6.1 billion in tax relief, tax credits and grants for small businesses hurt by...
COVID Paid Sick Leave, Tax Credit Package Moving
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...
Finance Director Says Budget Windfall Gives State Opportunity to Invest in Future
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...
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
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...
Uncertainty Hurts R&D Investment That’s Key to State Competitiveness
California’s innovation-based economy pays economic dividends not only in our traditional technology hubs, but in every region of the state and in a wide...
