Chris Micheli – Page 308 – California Globe

Will Federal Paycheck Protection Program Tax Conformity Ever Happen in California?

March 20, 2021 4:30 pmMarch 21, 2021 10:57 am

On February 17, Assembly Bill 80 was gutted and amended to be a budget trailer bill as part of the proposed “early action” package and Assemblywoman Autumn Burke (D-Marina del Rey) was made the author of the bill. AB 80...

New ‘Worker Metrics’ Bill Creates ‘Social Compact’ with California Workers

March 20, 2021 8:54 amMarch 20, 2021 8:55 am

On March 18, Assemblyman Ash Kalra (D-San Jose) amended his Assembly Bill 1192 to create a worker metrics program. The bill would add Chapter 6 (commencing with Section 1415) to Part 4 of Division 2 of the Labor Code. Section...

New Climate Change Disclosures Target ‘Commercial Development of Fossil Fuels’

March 20, 2021 8:36 amMarch 20, 2021 8:38 am

On March 18, Assembly members Jesse Gabriel (D-Woodland Hills) and Steve Bennett (D-Santa Barbara) amended their Assembly Bill 766 dealing with corporate disclosures of climate change information. The bill would add Section 38537 to the Health and Safety Code. The bill...

AB 247 Would Provide Immunity from Civil Liability to Small Business and Nonprofits

March 19, 2021 12:55 pmMarch 19, 2021 1:01 pm

Assemblyman James Ramos (D-Highland) amended his Assembly Bill 247 to add and repeal Section 1714.28 of the Civil Code. The bill would provide immunity from civil liability to small business and nonprofit organizations during the COVID-19 emergency. Section One would provide...

Legislation for Manufacturing Tax Credits to Incentivize Capital Investments

March 19, 2021 10:03 amMarch 19, 2021 10:04 am

On March 18, Assemblyman Tim Grayson (D-Concord), amended his Assembly Bill 904 to enact tax credits for manufacturing machinery and equipment. The bill would amend Sections 17039.3 and 23036.3 and add Sections 17053.50 and 23650 to the Revenue and Taxation Code....

AB 820 to Create an Interest Exclusion for Small Biz Loans

March 19, 2021 7:01 amMarch 19, 2021 7:05 am

On March 18, Assemblyman Ken Cooley (D-Sacramento) amended his Assembly Bill 820 to create an interest exclusion for small business loans. The bill would add Sections 24313.5 and 25128.1 to the Revenue and Taxation Code. As a tax levy measure,...

CA Universal Basic Income Program to be funded by a Personal Income Tax increase

March 19, 2021 6:55 amMarch 19, 2021 7:00 am

On March 18, Assemblyman Evan Low (D-Campbell) amended his Assembly Bill 65 to create a Universal Basic Income (UBI) Program to be funded by a Personal Income Tax (PIT) increase. The bill would add Section 17044 and Chapter 2.5 (commencing...