Hector Amezcua hamezcua@sacbee.com
XXXXX xxxxxAssembly Bills 1500 and 1501 by Assembly Speaker John A. Pérez, D-Los Angeles, would create "middle-class scholarships" paid for through the repeal of a tax break benefiting out-of-state corporations.
Hector Amezcua hamezcua@sacbee.com
XXXXX xxxxxAssembly Bills 1500 and 1501 by Assembly Speaker John A. Pérez, D-Los Angeles, would create "middle-class scholarships" paid for through the repeal of a tax break benefiting out-of-state corporations.
|
<h3>In the Assembly</h3>
<b>Assembly Bills 1500 and 1501, by Assembly Speaker John A. Perez, D-Los Angeles.</b> <br><br>Repeals tax break that benefits out-of-state corporations and uses money to pay for "middle-class scholarships" for college students. Requires a two-thirds vote.
<h3>In the Assembly</h3>
<b>Assembly Bills 1500 and 1501, by Assembly Speaker John A. Perez, D-Los Angeles.</b> <br><br>Repeals tax break that benefits out-of-state corporations and uses money to pay for "middle-class scholarships" for college students. Requires a two-thirds vote.
|
<h3 style="color:#fff">BUDGET/TAXES: Tax breaks</h3>
<b>SB 508</b> (Sen. Lois Wolk, D-Davis)<br /><br />
<b>What it would do:</b> Require all corporate and individual tax breaks enacted after Jan. 1 to automatically end in 10 years. Each proposed tax break would have to include specific goals and performance criteria.<br /><br />
<b>Analysis:</b> The automatic sunset would change a political dynamic that nags Democrats, at least for future tax breaks: they can pass on a majority vote, but require a two-thirds vote to repeal. Republicans and their business allies opposed the bill, arguing that the sunset provision should apply to spending proposals, too.<br /><br />
<h3 style="color:#fff">BUDGET/TAXES: Tax breaks</h3>
<b>SB 508</b> (Sen. Lois Wolk, D-Davis)<br /><br />
<b>What it would do:</b> Require all corporate and individual tax breaks enacted after Jan. 1 to automatically end in 10 years. Each proposed tax break would have to include specific goals and performance criteria.<br /><br />
<b>Analysis:</b> The automatic sunset would change a political dynamic that nags Democrats, at least for future tax breaks: they can pass on a majority vote, but require a two-thirds vote to repeal. Republicans and their business allies opposed the bill, arguing that the sunset provision should apply to spending proposals, too.<br /><br />
|
| |
Tax Break Wikipedia Information
| |
Unanimous Senate kills insurance industry tax break
April 24, 2013
| Naked Politics
The Florida Senate was not a good neighbor to State Farm Wednesday. In a unanimous bipartisan vote, the Senate ended a tax credit long enjoyed by the insurance industry and use...
|
|
| | |
