Legislature – Page 30 – California Globe

Capital Gains and Losses

June 23, 2026 2:30 amJune 23, 2026 2:31 am

Division 2, Part 10, Chapter 14 of the Revenue and Taxation Code deals with the general rules for determining capital gains and losses under California’s Personal Income Tax Law. Section 18151 states that Subchapter P of Chapter 1 of Subtitle...

New Measures in Print from the Legislature for 2026 Statewide Ballot

June 22, 2026 5:55 pmJune 22, 2026 5:55 pm

The following are two of the bills that came into print and were made public that are to be enacted into law by this Thursday, June 25. SB 417 (Senate PT Limon and Speaker Rivas) 15 Senate co-authors and 28...

Corporate Tax Credits

June 22, 2026 3:22 pmJune 22, 2026 3:22 pm

Chapter 3.5 of Part 11 of Division 2 of the Revenue and Taxation Code deals with tax credits under the California Corporation Tax Law. Section 23608 provides that, in the case of a taxpayer who transports any agricultural product donated,...

California is Filling the Climate Leadership Grift

June 22, 2026 3:01 pmJune 23, 2026 6:46 am

California Governor Gavin Newsom in March 2025 claimed that greenhouse gas emissions are down in California – not just down but “down 20% since 2000.” He attributed it to “state investment from cap and trade spending: “State invests nearly $33 billion...

Déjà Vu: Gov. Newsom Orders State Workers Return-to-Office 6 Years After Original Lockdown Order

June 22, 2026 1:21 pmJune 23, 2026 2:46 pm

California Governor Gavin Newsom is finally calling state workers back to the office, a full 6 years after sending everyone home to work remotely because of the Covid flu and his statewide lockdowns. The SEIU, which represents them, says state...

This Ain’t California Regulators First Rodeo!

June 22, 2026 10:30 amJune 22, 2026 11:36 am

Sometimes, it is hard to imagine just how stupid California legislators and regulators can be. If you recall, for 68 years there was an oil facility in Nipomo, known as the Santa Maria Refinery, that treated oil produced from the...

Full-Page Ad Slams Cal Chamber for Becerra Endorsement

June 22, 2026 8:33 amJune 23, 2026 2:47 pm

The California Business & Industrial Alliance (CABIA) has a full-page ad in the California Post that slams the California Chamber of Commerce’s misguided endorsement of Xavier Becerra for Governor. As the Globe reported, last week the Cal Chamber announced they were...