05/22/2019

News

San Francisco ranks No. 1 in US in property crime

It’s official: Your backpack, laptop, tablet or phone — or the vehicle in which you left all these things behind — are more likely to catch the fancy of a thief in San Francisco than any other major metropolis in the country. FBI data released last week show the city had the highest per-capita rate […]

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Legislature passes bill that penalizes retailers hiring rule-breaking trucking companies

A bill that would penalize retailers that hire trucking companies which have legal judgments against them for labor law violations is now a signature away becoming law after it was passed by the California legislature on Friday, Aug. 31. Senate Bill 1402, authored by state Sen. Ricardo Lara (D-Bell Gardens), was passed by a majority […]

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Get ready for a big fight over California’s property taxes in 2020

The initiative would make dramatic changes to the tax system established four decades ago by Proposition 13, which capped how much property tax bills could increase every year. The proposed measure would boost property tax revenues from commercial and industrial properties by assessing them at their current market value. Property tax protections would remain unchanged […]

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Prop. 13 could be partly undone in 2020—here’s what you should know

Because even though you may not be voting on this until 2020, the political repercussions start now. Changing Prop. 13 is still an uphill fight—one that dissuaded advocates from their initial plan to place the initiative on this fall’s ballot. But the pro-split roll camp can proudly boast that they collected 800,000 signatures, and received […]

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This popular Sacramento business closed while facing a possible $80,000 ADA bill

A Sacramento pool hall that hosted billiards players from around the world for 50 years closed last Wednesday after its owner said he faced litigation from a serial filer of disability access lawsuits. In May, Jointed Cue Billiards was sued by Scott Johnson, a quadriplegic attorney from Carmichael who has filed lawsuits against thousands of […]

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Who Should Pay For a City’s Homelessness Crisis?

Big businesses want lower taxes. Cities—and many of the people who live in them—want lower rates of homelessness. Lately, the compatibility of these two desires is being tested, as local governments across the U.S. float a new strategy to help the growing number of unsheltered people on their streets: Asking businesses to pay a greater […]

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America’s Top States for Business 2018

We score all 50 states on more than 60 measures of competitiveness, developed with input from a broad and diverse array of business and policy experts, official government sources, the CNBC Global CFO Council, YPO and the states themselves. States receive points based on their rankings in each metric. Then we separate those metrics into […]

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Rising Transportation Costs Help Drive Up U.S. Business Prices

A gauge of U.S. business prices rose broadly in June, driven in part by a rise in transportation costs that underscores the sector’s climbing labor expenses. The producer-price index, a measure of the prices businesses receive for their goods and services, rose a seasonally adjusted 0.3% in June from a month earlier, the Labor Department […]

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Judge Upholds Most Sanctuary Laws But Business Concern Mollified

As anticipated here after the hearing on California’s sanctuary state laws were argued in federal court, Judge John A. Mendez offered a split decision upholding the state’s ability to establish sanctuary laws but halting the state’s power to punish businesses for cooperating with federal immigration authorities. The Trump Administration filed suit against three California laws […]

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Businesses Blast California’s New Data-Privacy Law

Businesses across the U.S. panned California’s new consumer-privacy legislation, saying it risked far-reaching damage to everything from retailers’ customer-loyalty programs to data gathering by Silicon Valley tech giants. The bill, which was introduced one week before it was passed and was largely sold as a way to rein in big tech firms, sweeps up a […]

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Major online privacy bill becomes law after whirlwind week

A far-reaching online privacy bill that got next-to-no vetting or legislative debate was signed into law by Gov. Jerry Brown last Thursday – the product of a quickly hammered-out agreement among state legislators, privacy advocates, tech firms and a real estate tycoon whose qualifying of an even more sweeping privacy measure for the November ballot […]

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California extends film and TV tax credit program to 2025

In a major win for the local movie and TV production industries, California has extended the state’s film tax incentive program to 2025, adding five years to the program that has helped stem the tide of runaway productions to states including Georgia, Louisiana and New York. The measure, which was part of Gov. Jerry Brown’s […]

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Amazon won a major battle in Seattle, but a Big Tech ‘head tax’ could still happen for Apple and Google

Amazon is the largest property taxpayer and private employer in Seattle. Since 2000, the metro area has added nearly 100,000 new jobs, leading to an influx of high-skilled workers and a thriving tech industry. But some residents and local officials believe Amazon’s growth has been the catalyst for several problems, including affordable housing and homelessness […]

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In California, natural gas availability still an issue 3 years after major leak

After the well at Aliso Canyon was sealed, the state of California prohibited Southern California Gas (SoCalGas) from filling the storage facility, a series of underground caverns made of depleted former oil wells, to capacity. SoCalGas also may not draw gas from Aliso Canyon unless other options have been exhausted. The result is that California […]

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Federal Tax Reform Means More Business Taxes for California

California’s corporate tax base may increase by up to 12 percent as a result of federal tax reform legislation, according to a study recently released by the State Tax Research Center. This means that revenues from California’s corporate income tax could increase by as much as $1.3 billion – without any action by state lawmakers […]

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