Can a Tax Levy Be in a Non-Tax Bill?
Have you seen a non-tax bill be designated a “tax levy” by the Office of Legislative Counsel? It is rare because in almost all instances a tax levy is for a bill that adds or amends a section to the...
Tag: tax levy
Some Stats from the 2021-22 Legislative Session
As the 2021-22 California Legislative Session draws to a close, and because I am a geek about these types of things, the following are several legislative data items, which could make for good cocktail party trivia (????): There were 4,476...
What Is a Tax Levy in California Legislation?
There is often confusion regarding whether a bill is a tax levy or not, and what a “tax levy” means. A common misconception is that a tax levy is a bill that proposes a tax increase. The determination of whether...
Drafting Tax Statutes in California
Like other particular areas of the law, drafting tax statutes can be a difficult task for any bill drafter. There are several issues that need to be addressed and that bill drafters should understand before undertaking the drafting of tax...
Millionaire’s Tax Bill Would Create Additional Tax on CA Millionaires
On March 24, Assembly Members Miguel Santiago, Lorena Gonzalez, Ash Kalra, Alex Lee, Wendy Carrillo, Reggie Jones-Sawyer, and Buffy Wicks amended Assembly Bill 1253 to create an additional tax on millionaires. The bill would add Section 17044 to the Revenue...
California Wealth Tax Proposed in Constitutional Amendment
On March 22, Assembly Members Alex Lee, Wendy Carrillo, Lorena Gonzalez, Miguel Santiago, Ash Kalra, Luz Rivas, and Mark Stone introduced Assembly Constitutional Amendment 8 to propose a wealth tax to be placed before the voters. Officially, ACA 8 is...
California Work Opportunity Tax Credit
On March 10, State Senator Monique Limon (D-Santa Barbara) amended her Senate Bill 553 to create a state work opportunity tax credit (WOTC). The bill would add and repeal Sections 17053.71 and 23672 of the Revenue and Taxation Code. As...