Taxes, Budget, & Pension Reform
CSBA supports a balanced state budget including budget reform, without an increase in taxes. Target areas are any increases in the cost of doing business in California including unemployment tax and corporate franchise tax. We support the elimination of the minimum corporate franchise tax in non-profitable years and a carryover of net operating losses to conform to federal tax laws. The small business community is greatly concerned about the runaway public pension costs, at the local, state and federal level. We support reforms that live within our means educating and informing employers and employees
2017 Legislative Bills
|Bill||CSBA POSITION||House of Origin||Second House||Governor|
|AB 96/SB 96 (Spot Bill)|
Budget Act of 2017.
Income taxation: credits.
|AB 600/SB 600 (Spot Bill)|
Manufacturing incentives. & Sales and use taxes.
Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
California Marijuana Tax Fund: funding for support system navigation services: minimum performance standards.
Affordable Housing and Sustainable Communities Program.
Minimum franchise tax: annual tax: small business.
Minimum franchise tax: annual tax: exemption.
|SB 5 |
California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access For All Act of 2018.
|KEY: = PASSED X = UNDER CONSIDERATION = DIED / FAILED PASSAGE Date - Hearing|
- AB96/SB96 (Spot Bill) - This bill would make appropriations for the support of state government for the 2017–18 fiscal year. Watch
- AB162- Existing law defines “small business” for these purposes as a trade or business, except as specified, that has an aggregate gross receipts, less returns and allowances reportable to the state, of less than $2,000,000 during the previous taxable year.This bill would, for allocations for the 2018–19 fiscal year and each fiscal year thereafter, define “small business” as having 50 or fewer full-time equivalent employees, on average, in the current and 2 preceding tax years. Oppose
AB600/SB600- This bill would express the intent of the Legislature to improve the state’s manufacturing incentives to promote a stronger California economy by securing a greater share of the high-paying, high-skilled jobs in manufacturing and research and development and would make legislative findings in this regard.This bill would declare the intent of the Legislature to enact legislation that would improve the state’s sales and use tax incentives to promote a stronger California economy by securing a greater share of the high-paying, high-skilled jobs in manufacturing and research and development. Watch
- AB831- This bill would allow a credit against those taxes for each taxable year beginning on or after January 1, 2017, for qualified small businesses, as defined, for costs paid or incurred during the taxable year with regard to compliance with state laws and regulations in an amount equal to $25 for each person-hour spent on compliance with state regulations and laws, or $5,000, as provided. Support
- AB844 - This bill would amend AUMA by requiring applicants for grants to support system navigation services, as described in AUMA, to meet specific minimum performance standards as a condition of grant eligibility, including, among other standards, operate 24 hours per day, 7 days a week, and 365 days a year. This bill would declare that its provisions further specified purposes and intent of the Control, Regulate and Tax Adult Use of Marijuana Act. Oppose
- AB863- This bill would require the council, in selecting projects for funding under the program, to seek methods for inclusion of local entrepreneurs in the implementation of the projects and workforce training and certification of workers hired to work on the projects. The bill would make related revisions to the policy objectives for the program. Support
- AB1256-This bill, for taxable years beginning on or after January 1, 2018, would reduce that minimum franchise tax in the 2nd taxable year for a new corporation, and that annual tax in the first taxable year for a new limited partnership, new limited liability partnership, and new limited liability company that is a small business, which is defined as a business entity with gross receipts of $5,000 or less, as specified. Oppose
- AB1432 - This bill would exempt from the minimum franchise tax every qualified new corporation incorporated or qualified to do business in this state on or after January 1, 2018, for its first 5 consecutive taxable years. This bill would also exempt from the annual tax every foreign or domestic limited partnership, limited liability partnership, and limited liability company that files its organizing document, or if a foreign entity its registration document, with the Secretary of State on or after January 1, 2018, as specified, for its first 5 consecutive taxable years. Support
- SB5-This bill would enact the California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access For All Act of 2018, which, if approved by the voters, would authorize the issuance of bonds in an amount of $3,000,000,000 pursuant to the State General Obligation Bond Law to finance a drought, water, parks, climate, coastal protection, and outdoor access for all program. Oppose
- SB640- This bill would make legislative findings regarding responding to pending proposals for federal tax reform and California’s tax climate and would state that the intent of the bill is to make 3 changes to taxation within the state, including broadening the tax base by imposing a modest sales tax on services. This bill would also establish the Retail Sales Tax on Services Fund in the State Treasury and state the intent of the Legislature that moneys in the fund would be appropriated to, among other purposes, provide tax relief to middle- and low-income Californians to offset the effect of a sales tax on services. Watch