CALIFORNIA – Enacted Three Major Tax Bills

As the 2019 California Legislative Session has concluded, we look at the major tax bills that were enacted this year. The first is AB 147 (Burke) as Chapter 5. Because the bill contains an urgency clause, the measure took effect upon the Governor’s signature, which was April 25. The second is AB 91 (Burke), Chapter 39. As an urgency clause statute, it took effect the day that Governor Newsom signed it, which is July 1. The third is SB 92 (Senate Committee on Budget & Fiscal Review) which was enacted as Chapter 34. This article examines the new laws’ major provisions.

For the Full Story: The National Law Review

The national law review
Chris M. Micheli
September 22, 2019