Legislature – Page 940 – California Globe

Energy Efficient School HVAC, Electric Car Bill Approaches Committee Vote

August 18, 2020 6:22 am

This week, a bill that proposes to both update heating, ventilation, and air conditioning (HVAC) systems in schools to more energy efficient units and accelerate approvals for electric and zero-emission vehicle infrastructure will face one of the final votes needed...

Student Loan Consumer Protection Bill Brought Back Up To Senate Committee

August 17, 2020 3:54 pm

This week, a recently resurrected bill that would add consumer protections for student loan borrowers and establish a Student Borrower Bill of Rights in California is expected to be heard in the Senate Appropriations Committee, one of the last hurdles...

‘Time Stealing’ Regulations for ‘The Wealth Tax’

August 17, 2020 1:14 pmAugust 17, 2020 7:58 pm

Can you imagine having to do an inventory and net worth calculation every year? Let alone potentially being audited and having to prove that values were not intentionally understated? It’s not only financial robbery, it’s time theft! – Senator John...

Shasta Dam Enlargement Might be in Play If California Expects Federal Help

August 17, 2020 12:04 pmAugust 17, 2020 12:06 pm

In 1933, California was financially broke and unable to issue municipal bonds to complete its ambitious water system plans. The state asked the Federal government to take over the project and the rest was history: The statewide Central Valley Project (CVP) was...

California Dems’ Wealth Tax Follows People Who Move Out of the State

August 17, 2020 7:28 amAugust 18, 2020 8:12 am

Assemblyman Rob Bonta (D-Oakland) made an appearance on “Cavuto: Coast to Coast” Friday to discuss his Wealth Tax proposal. Bonta told Cavuto the tax “affects about 0.15% of the California population — not the top 10%, not the top 1%,...

Recall Deja Vu: CA Rolling Blackouts are Back

August 15, 2020 10:06 amAugust 17, 2020 7:39 am

The last California Governor blamed for rolling energy blackouts was recalled by voters and replaced. In 2003, Governor Gray Davis was recalled over leadership issues, high taxation, and inaction over a struggling California economy and rolling energy blackouts. Gov. Gavin...

Digital Asset Regulatory Bill Passes Senate Committee 7-0

August 15, 2020 2:24 amAugust 14, 2020 9:24 pm

On Thursday, a bill that would begin feasibility studies into regulating and classifying the virtual currency industry passed the Senate Banking and Financial Institutions Committee unanimously 7-0. AB 2150 and the digital currency industry in California Assembly Bill 2150, authored...