AB 91 - Small Business Development Center Program: Loophole Closure and Small Business and Working Families Tax Relief Act of 2019. Conformed state tax to federal tax policies, bringing in an estimated $1B+ to the state general fund. AB 91 also expanded the Earned Income Tax Credit, providing a major tax relief for working families.
AB 147 - The Wayfair Implementation and Small Business Relief Act of 2019: Codified a Supreme Court decision that would require states to collect online sales taxes from out-of-state retailers. AB 147 made minor changes that protected small in-state and out-of-state businesses, while making sure that in-state brick and mortar businesses had a level playing field and were not at a competitive disadvantage. Estimated revenue increase to the state of $1.2 billion annually.
AB 263 – Measuring Proposed Tax Expenditures Goals and Effectiveness AB 263 requires each proposed bill enacting a new tax expenditure to describe the goals, purposes, and objectives for authorizing such an expenditure, and to specify detailed performance indicators intended to measure the effectiveness of the expenditure. This bill equips the Legislature with the tools to apply the same level of review and performance measurement standards to a broader group of tax expenditures that it currently applies to tax credits and spending programs to better understand the impacts these proposals can have on the state’s General Fund revenues and on the Prop 98 minimum guarantee.
AB 922 – Oocyte Donation for Medical Research: AB 922 removes the prohibition in state law that bans women from being compensated for oocyte donation for medical research, thereby ensuring that women are treated equally to all other research subjects and studies. Participation and the level of compensation will be determined by Institutional Review Boards, as is customary for providing tissue for research. This bill allows women to actively evaluate their participation in research studies and be paid for their time, trouble, and inconvenience when they choose to do so.
AB 962 – Increasing Hospital Supplier Diversity: AB 962 requires that hospitals with operating budgets of $50 million or more, annually report to the Office of Statewide Health Planning and Development on its minority, women, LGBT, and disabled veteran-owned business enterprise procurement efforts. The need for this bill stems from the fact that there is a lack of data and information available regarding hospitals supplier diversity and attempts to encourage diversity. California must continue to encourage economic opportunities for all, particularly for those that are historically underrepresented.
AB 1054 (Holden/Burke/Mayes) – Wildfire Fund: AB 1054 establishes a wildfire fund to address future wildfire liabilities, and in doing so protects ratepayers across California from unanticipated increased electricity costs. It requires utilities to receive a safety certification which involves the establishment of a safety committee on the boards of the directors of the Investor-Owned Utilities (IOUs), links executive compensation to safety performance measures, and requires IOUs to create an aggregated $5 billion safety and wildfire mitigation investment over a period of five years, without profit on such expenditures.
AB 1083 – The California Procurement Review Program: AB 1083 authorizes the California Council on Science and Technology, a nonpartisan, nonprofit organization, to complete an analysis of the effects of legislation pertaining to any of the following: procurement of electricity; electricity and gas products; energy storage; electrical or gas infrastructure by an electrical corporation; and community choice aggregation. The analyses will include the impact of the proposed legislation on jobs, the economy, and communities disproportionately affected by environmental pollution and hazards in disadvantaged communities.