PPP – California Globe

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

April 27, 2021 11:07 am

The California Assembly unanimously passed a small business tax break bill on Monday that would have the state give up on over $1 billion a year in tax revenue over the next 6 years. Assembly Bill 80, authored by Assemblywoman...

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....

AB 5 Exemption Bill For Seasonal Live Theater Workers Given New Committee Assignment

March 8, 2021 2:52 pm

An Assembly bill that would fracture AB 5 worker classifications by adding an exemption for seasonal live theater workers was assigned to the Assembly Labor and Employment Committee over the weekend. Assembly Bill 1227, authored by Marc Levine (D –...

Michelle Steel Flips OC Congressional District, Ousts Harley Rouda in Close Election

November 11, 2020 2:50 amNovember 10, 2020 8:40 pm

On Tuesday, Congressman Harley Rouda (D-CA) conceded the 48th Congressional district election to Republican Michelle Steel. Rouda and Steel had been in an a neck-to-neck race in Orange County, with Steel only being back three points in mid October. However,...

Governor Newsom’s Company Found To Have Received Federal Coronavirus Protection Loans

July 7, 2020 4:49 pmJuly 8, 2020 10:26 am

On Monday, the US Treasury Department released data showing that a company tied to Governor Gavin Newsom received a federal COVID-19 relief loan ranging anywhere from $150,000 to $350,000. $150,000 to $350,000 in loans According to the US Treasury, PlumpJack,...