During the weekend, a new round of wealthy Californians, including Billionaire Jeffrey Gundlach, threatened to leave California should the new proposed wealth tax be passed, putting pressure on lawmakers who hope to pass the proposed bill next session. Wealth tax...
On Monday, a recently amended bill that would increase taxes on small businesses and taxpayers making over $1 million of taxable income a year began it’s month-long fight to be passed and approved by the end of the legislative session...
A new bill in the Assembly would create a publicly owned state bank that would give loans to city governments and small businesses, has gained traction during the extended legislative recess and has become poised to be one of the...
A bill announced on Wednesday would make California State University tuition free for some first-time California students for up to two years. AB 1862, authored by Assemblyman Miguel Santiago (D-Los Angeles), would not apply to all students. Only resident students...
In a press conference celebrating the passage of AB 857 in front of the Los Angeles City Hall, Los Angeles City Council President Herb Wesson, along with Assemblyman Miguel Santiago (D-Los Angeles), announced that the first public bank in California...
After being struck down in years past, AB 857 is a signature away from making public banks in California a reality. What is it? Assembly Bill 857. According to AB 857, whose framework is largely based on the only current...
While the rest of the country is seeing exponential growth in the for-profit prison industry, it’s a signature away from extinction in California. What is it? Assembly Bill 32. Under the bill, all contracts with private or for-profit prisons in...