Chris Micheli – Page 335 – California Globe

New Wealth Tax Proposal in California in Assembly Bill 2289

February 17, 2022 4:15 pmFebruary 17, 2022 6:04 pm

On February 16, Assembly Member Alex Lee, along with co-authors Assembly Members Wendy Carrillo, Ash Kalra, Luz Rivas, and Mark Stone, introduced Assembly Bill 2289 to create a wealth tax in California. The bill would amend Section 12651 of the...

Preelection Procedures in California

February 17, 2022 3:30 pmFebruary 17, 2022 3:17 pm

Elections Code Division 12 provides a number of preelection procedures. Chapter 1 deals with Proclamations and Election Orders. Section 12000 requires the Governor, for each statewide election, to issue a proclamation calling the election. The proclamation must be issued by...

AB 2065 Addresses Net Operating Loss for Business Owners

February 17, 2022 12:20 pmFebruary 17, 2022 8:28 am

On February 14, Assemblywoman Blanca Rubio (D-Baldwin Park) introduced Assembly Bill 2065 to allow a net operating loss (NOL) carryback for an NOL or NOL carryover for which a deduction was suspended for a qualified taxpayer. AB 2065 would add...

Why Are Folks Talking About the Gann Limit or the State Appropriations Limit?

February 17, 2022 9:11 amFebruary 17, 2022 9:18 am

In the past few years, but particularly this year, lots of people in and around the Capitol are talking about the “Gann Limit” or the “State Appropriations Limit,” often referred to as “SAL.” So, what is the SAL or the...

California’s Conditional Voter Registration

February 17, 2022 6:53 amFebruary 17, 2022 6:55 am

California’s Elections Code provides a conditional voter registration program. It is contained in Division 2, Chapter 2, Article 4.5 and contains Sections 2170 – 2173. Section 2170 defines a “conditional voter registration” to mean “a properly executed affidavit of registration...

California’s New Employment Tax Credit Proposal

February 16, 2022 5:04 pmFebruary 16, 2022 4:35 pm

On February 14, Assembly Member Carlos Villapudua (D-Stockton) introduced Assembly Bill 2035 to make important changes to California’s existing New Employment Credit (NEC). Under existing law, in both the Personal Income Tax Law and the Corporation Tax Law, there is...

Voter Registration Agencies in California

February 16, 2022 2:40 pmFebruary 16, 2022 2:49 pm

California law provides for voter registration agencies in Division 2, Chapter 6. Section 2400 provides that it is the intent of the Legislature, in enacting this chapter, to facilitate compliance with the requirements set forth in the federal National Voter...