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Brownstein Hyatt Farber Schreck

Made in California: Proposals to Accelerate Manufacturing in the State Move Forward

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In response to the risk of California’s film industry jobs moving to other states like Georgia and New Mexico, where tax incentives are stronger and costs are lower, Gov. Gavin Newsom and the California State Legislature...more

Pillsbury Winthrop Shaw Pittman LLP

California Governor Releases 2025 Budget Proposal to Move Banks and Financial Corporations to Single-Sales-Factor Apportionment

Pillsbury Winthrop Shaw Pittman LLP on

The proposal includes a shift to a single-sales-factor apportionment for financial institutions, aiming to increase tax revenue starting in tax year 2025....more

Orrick, Herrington & Sutcliffe LLP

California Supreme Court Blocks Sweeping Measure to Limit State and Local Authority to Implement Taxes

Orrick, Herrington & Sutcliffe LLP on

The California Supreme Court has blocked Initiative 1935—the so-called “Taxpayer Protection and Government Accountability Act”— from appearing on the November 2024 ballot. The court ruled unanimously that the “measure exceeds...more

Brownstein Hyatt Farber Schreck

CA Supreme Court Blocks Taxpayer Protection Act from November 2024 Ballot

Brownstein Hyatt Farber Schreck on

Constitutional limitations to raising revenue are becoming increasingly relevant for water and other governmental agencies as well as their customers and landowners in response to aging infrastructure, climate change and...more

Allen Matkins

The Legislature Has Recessed But Can It Still Pass Bills?

Allen Matkins on

Because this is the second year of California's current legislative biennium, the legislature went into final recess on August 31.  J.R. 51(b)(3).  This does not mean, however, that the legislature has adjourned.  A recess is...more

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