budget trailer bill Archives - California Globe

New Budget Trailer Bill Requires the Rehiring of Displaced Workers

April 8, 2021 6:40 pmApril 8, 2021 7:07 pm

On April 8, the Assembly Budget Committee amended Assembly Bill 84 into a new bill to require the rehiring of certain displaced workers. This bill would, until December 31, 2024, require an employer to offer its laid-off employees specified information...

Should Last Summer’s Business Tax Hikes Be Curtailed?

January 11, 2021 12:16 pmJanuary 11, 2021 12:19 pm

Last June, the California Legislature passed the Governor’s proposals from his May Revise to raise $9 billion over three years by retroactively suspending the use of net operating losses (NOLs) for individuals and businesses, as well as retroactively capping the...

Overview of Gov. Newsom’s Retroactive ‘Revenue Raising Proposals’ in the May Budget Revise

May 24, 2020 4:01 pmMay 24, 2020 4:09 pm

As part of his May Budget Revision (the “May Revise”), Governor Newsom proposed several “revenue raising solutions.” The Governor’s Department of Finance has just released the proposed budget trailer bill language to implement this revenue raisers. The first proposal is...