04/16/2024

Senate Fiscal Committee Moves Multiple Tax Hike Bill without Vote

A bill proposing multiple tax hikes on state employers was sent directly to the full Senate without a vote on Monday by the Senate fiscal committee.

SB 567 (Lara; D-Bell Gardens) was identified as a job killer because it will significantly increase taxes on California businesses, who already have one of the highest tax burdens in the country. It bypassed a vote or discussion by the Senate Appropriations Committee because the committee chair (also the bill’s author) determined there aren’t significant state costs associated with the three major tax increases the legislation proposes.

SB 567 will be eligible for consideration when the Senate convenes next on Friday morning.

View Article