The Legislature passed and Governor Newsom signed on July 16 Assembly Bill 150, the tax budget trailer bill, by the Committee on Budget dealing with Sales and Use Tax Law, Personal Income Tax Law, and Corporation Tax Law. AB 150...
On February 16, Assemblyman Eduardo Garcia (D-Coachella) introduced Assembly Bill 708 related to federal tax conformity. The bill would amend Sections 17131.8 and 24308.6 of the Revenue and Taxation Code. As an urgency measure, it would take effect immediately once...