Thursday, the California State Legislature passed the Fiscal Year 2019-20 budget along party lines. At $215 billion, it is the largest budget in the history of the state due to new tax increases and hundreds of millions of last minute...
Assembly Bill 539 by Assemblywoman Monique Limón (D-Santa Barbara) establishes an interest rate cap of 36 percent plus the federal funds rate for California Financing Law (CFL) licensee-provided consumer loans with principal amounts between $2,500 and $10,000. This bill also...
California’s largest state budget ever — $214 billion — is larded with a record number of local pork-barrel projects injected by individual legislators, often in exchange for “horse trading” votes on passage of certain pieces of legislation. There is pork in every...
A California lawmaker has a bill to ban fur products and clothing in the state, despite the many diverse climates within the 164,000 square miles of California. San Diego to Siskiyou, Death Valley to Bodie State Park (near Bridgeport, Mono...
Pork Barrel projects are a usual occurrence in the state budget, but California hasn’t see pork added on like this in years. To understand how government spending sprees occur every fiscal year, this is how spending takes place. Pork barrel...
Chris Micheli posted a list of pending tax legislation of particular interest to the California business community. These bills are continuing through the legislative process, awaiting passage. Some of these bills are on the Cal Chamber Job Killer list. “These...
California Democrats reached a budget deal late Sunday agreeing to pay for undocumented immigrants living in the country illegally to have full health benefits, while abandoning the $140 million water tax on residential customers. Undocumented immigrants between the ages of...