State Legislative Advocacy

Two-Thirds of Californians to Receive Golden State Stimulus Payments 

7/16/2021
Under the second stimulus package approved by Governor Newsom on Monday, roughly two-thirds of Californians can expect a $600 payment, thanks to the second phase of the Golden State Stimulus.

California Budget Trailer Bills Include Important Tax Provisions 

7/2/2021
On June 28, Governor Newsom and California legislators announced an agreement on a new 2021-2022 budget. Included in the agreement are a number of trailer bills that contain several major tax-related items.

Governor Newsom Signs Paycheck Protection Program Conformity Bill 

5/4/2021
Governor Newsom has signed AB 80, bringing California into partial conformity with federal law.

PPP Conformity Bill Amended 

4/19/2021
AB 80 was been on April 15 to a remove a provision that placed a $150,000 cap on the amount of business expenses paid for using forgiven PPP or EIDL funds that a California business can deduct.

Treasury Department Releases Important PPP Conformity Directive 

4/12/2021
The Department of the Treasury has released a long-awaited directive that will allow the California Legislature to move forward with their PPP conformity bill, AB 80.