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Article: Tax law changing? Commission exploring ways to stabilize state economy.(Capital Beat)
- Article from:
- California CPA
- Article date:
- September 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 California Society of Certified Public Accountants. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The California Legislature returned from its summer recess Aug. 17 to a flurry of activity prior to its scheduled interim recess Sept. 11.
This year's interim recess promises to be a very short one since Gov. Schwarzenegger has indicated he will call a special session of the Legislature in mid-September to consider a massive overhaul of California's tax law.
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The 14-member Commission on the 21st Century Economy, created by the governor with seven of his appointees and six appointees from the Legislature, will be considering long-term solutions to stabilize California's economy. The Commission is reportedly considering ...