Consolidated Appropriations Act

Bill To Allow Some Businesses To Deduct PPP Loan Assistance Passes in Senate

April 20, 2021 2:37 amApril 19, 2021 5:59 pm

A bill that would give eligible businesses that received Paycheck Protection Program (PPP) loan assistance the power to deduct expenses on their taxes passed in the Senate on Monday over three months after it was first passed in the Assembly....

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...

Budget Trailer Bill on Tax Conformity

February 20, 2021 8:04 amFebruary 23, 2021 8:03 am

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