The Legislature passed and Governor Newsom signed on July 16 Assembly Bill 150, the tax budget trailer bill, by the Committee on Budget dealing with Sales and Use Tax Law, Personal Income Tax Law, and Corporation Tax Law. AB 150...
On Wednesday, Governor Gavin Newsom announced a new budget proposal that would give low-income residents of the state $600 in stimulus money and would extend eviction protections further into 2021. According to Governor Newsom’s proposal, known as Golden State Stimulus,...