Brown OKs tax break for state legislators
Gov. Brown signed a bill exempting lawmakers per diem from state taxes and allowing no retroactive tax on past payments. The measure follows IRS and Franchise Tax Board shifts, aims to align with federal rules, and covers military withholding and a $6.6 million child care credit. The Franchise Tax Board questions retroactive relief and seeks Atty. Gen. opinion.
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Brown
Willie Brown
San Francisco
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Mnay
California
National Guard
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Congress
IRS
Assemblyman Brown
Willian Bennett
Evelle Younger
Ken Kinvon
The
Huard
Thesday
California shifts on taxing multinationals under UK treaty
Gov Jerry Brown endorses ratifying the United Kingdom treaty to end California's unitary tax method for British firms. Officials warn of a $125 million annual revenue loss, while supporters say the move could attract new business and improve California's standing as an international trade hub. Senator Cranston backs the treaty. critics call it a corporate power gift.
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Brown
Franchise Tax Board
California
United States
United Kingdom
U.S
John Sparkman
Senate
Sparkman
Alan Cranston
S.J. Tayakawa
Senate Foreign Relations Committee
Brown and Cranston
California Council For International Trade
Jerry Levine
Navy to Change Island Command at San Clemente
The Navy will transfer control of the San Clemente Island research and development test center to North Island Naval Air Station this Saturday. Previously the site fell under the Naval Undersea Center at Paint Loma and later the Naval Ocean Systems Center on the point. The report also notes a separate April telegram referencing a tax issue involving the State of California and multinational corporations.
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San Diego
Navy
San Clemente Island
North Island Naval Air Station
Naval Undersea Center
Paint Loma
Naval Ocean Systems Center
Point
Lawmaker surveys show rebates fail to move voters
Sacramento AP reports Assembly Republican Paul Priolo says constituents show little interest in 1978 property tax rebates defeated in the Senate. He notes voters want spending limits and a tax shift away from property tax, and criticizes the circuit breaker feature as unlikely to pass. Priolo promotes returning budget surplus to taxpayers and tighter future spending.
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Sacramento
Assembly
Paul Priolo
Malibu
Allure
Brown
Senate
Priory
California Racing Board expands to five members
Gov. Brown announced AB expanding the California Horse Racing Board to five members and authorizing horse racing associations to gain about 16 million dollars per entity, signed Tuesday in Sacramento.
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Sacramento
California Horse Racing Board
Gov. Brown
Assemblyman pushes expansion and relocation of state board
Takeout hikes in by Assemblyman Larry Chimbolt expands the board from three to five members and requires headquarters to move to Sacramento. The board has already agreed to move its base from Los Angeles to the state capital.
MENTIONED IN THIS ARTICLE
Larry Chimbolt
D-Palmdale
Sacramento
Los Angeles
Los Angeles to buy Arizona power amid rate hike plan
The Los Angeles City Council approved an agreement with the Salt River Project to buy 20 percent of L A's energy, triggering a 6.5 percent rate hike this fiscal year. The pact covers about 210 000 kilowatts daily, enough for 210 000 to 250 000 homes, with opposition warning of strikes and recalls. The deal helps avert potential shortages in 1979 while nuclear and nearby plants are developed for post 1982 supply.
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Los Angeles
Salt River
Arizona
Imtorer
Herman Mulman
Citizens For Political Action
DWP
Winderer
Coronado
Starling
Palo Verde
Plwanix
California
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Martin Huff
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E. Qcean Ave
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Covina E. Arrow
Padavena Exeeebo Press
Dd E
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