Legislature – Page 950 – California Globe

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...

California’s Office of Administrative Law

August 14, 2020 6:28 amAugust 14, 2020 6:41 am

California’s Office of Administrative Law (OAL) is responsible for reviewing regulations and regulatory changes proposed by state agencies and departments for their legal and procedural compliance before the regulations can become law. OAL is found in Government Code Title 2,...

CA Judicial Council Votes To End Eviction Moratorium September 2nd

August 14, 2020 2:50 amAugust 13, 2020 7:04 pm

On Thursday, the Judicial Council of California voted 19-1 to end the temporary eviction and foreclosure moratorium that has been in place since the beginning of the COVID-19 pandemic. Eviction, foreclosure moratoriums to end September 2nd Under the language of...

Debt Collector Licensing Bill Passes Assembly Banking and Finance Committee

August 13, 2020 4:11 pmAugust 13, 2020 2:49 pm

On Wednesday, a bill that would require the licensing of debt collectors and debt buyers passed the Assembly Banking and Finance Committee. SB 908 moves up through the Assembly Senate Bill 908, authored by Senator Bob Wieckowski (D-Fremont), would have...

California Legislators Propose Wealth Tax

August 13, 2020 2:24 pmAugust 13, 2020 2:25 pm

On the morning of August 13, Assembly Bill 2088 was gutted-and-amended an elections bill into a wealth tax. AB 2088 is jointly authored by Assembly Members Bonta, Carrillo, Chiu, Gonzalez, Kalra, Santiago, Stone, Ting, and Wicks. Assembly coauthors include Chu...