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Wilk Supports Passing Of Bipartisan Tax Policy In Budget Bill

Wilk Supports Passing Of Bipartisan Tax Policy In Budget Bill Senator Scott Wilk, R-Santa Clarita, announced Monday that a bipartisan tax policy he supported to help struggling small businesses who have received Paycheck Protection Program (PPP) loans has passed. Senate Bill 265 (SB 265), a legislative tax conformity policy, introduced by Senator Andreas Borgeas (R-Fresno) and supported by Wilk to assist struggling small businesses, has passed the budget bill amongst both party lines. “Frustrated small businesses have been waiting months for a solution,” Wilk said in a statement Tuesday. “I applaud Senator Borgeas for bringing this idea to the table and for the legislature for getting behind this bipartisan effort to help our struggling job creators.”

United statesScott wilkR santa claritaAndreas borgeasr fresnoCalifornia state legislaturePaycheck protection programSenator scott wilkSenator andreas borgeasSenator borgeasAssembly billSenate billஒன்றுபட்டது மாநிலங்களில்ஸ்காட் விழ்க்ர் சாந்தா கிளாரிட்டாகலிஃபோர்னியா நிலை சட்டமன்றம்சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம்

California Revives COVID Business Tax Cut Proposal

State Capitol In Sacramento Sacramento, CA California businesses received a combined $97-billion in Paycheck Protection Program federal loans during the coronavirus pandemic. Most of the loans will not have to be paid back, however, the state is required to collect taxes on the money. The state Senate voted 37-0 yesterday to make the loan money tax exempt. This idea was introduced earlier in the year, but Governor Gavin Newsom raised concerns because the CARES Act specifically stated the money could not be used for a “tax cut,” so more information was requested from the feds. The Treasury Department has alerted the Newsom Administration that California will not be in jeopardy of losing CARES Act funding if it passes the legislation. After being approved in the Se

United statesGavin newsomAndreas borgeasTreasury departmentAssembly speaker anthony rendonPaycheck protection programNewsom administrationState capitol in sacramentoGovernor gavin newsomSpeaker anthony rendonSenator andreas borgeasஒன்றுபட்டது மாநிலங்களில்கவின் செய்திகருவூலம் துறைசட்டசபை பேச்சாளர் அந்தோணி ரெண்டன்சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம்

California State Senate Republicans urge tax relief for small businesses

Senator Andreas Borgeas (R-Fresno) and Senate Republican Leader Scott Wilk (R-Santa Clarita) released a joint statement urging Sacramento leadership to incorporate the provisions of Senate Bill 265, a measure by Senator Borgeas that would provide much needed tax relief on the COVID-19 loans provided to save businesses and protect jobs, into an emergency budget bill. With today being the traditional tax deadline, the only way to deliver timely relief to small businesses is to incorporate the provisions of Senate Bill 265 into an emergency budget bill immediately. Senate Bill 265 would waive California’s tax liability on the “Paycheck Protection Program” (PPP) loans small businesses and non-profits received in 2020 from the federal government and allow them to deduct expenses. Introduced by Senator Borgeas on January 27, Senate Bill 265 would ensure businesses are not burdened with additional California taxes on the money provided by the federal government to mitigate the effect

Santa claritaUnited statesSanta claritaAndreas borgeasr fresnoSenate republicansSenate republican leader scott wilkUs treasury departmentSenate republican leader wilkSenate republican leader scott wilkr santa claritaSenate districtCalifornia senate republicansPaycheck protection programSenator andreas borgeasR santa claritaSenate billSenator borgeas

Senator Borgeas Reiterates Need For Drought Declaration

Senator Borgeas Reiterates Need For Drought Declaration
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United statesGavin newsomAndreas borgeasTom vilsackAndreas borgeasr fresnoSenate agriculture committeeSenator andreas borgeasUnited states secretaryAgriculture tom vilsackஒன்றுபட்டது மாநிலங்களில்கவின் செய்திடோம் வில்சாக்ஒன்றுபட்டது மாநிலங்களில் செயலாளர்

Portantino to Continue Chairing Senate Armenia-Artsakh Select Committee

Portantino to Continue Chairing Senate Armenia-Artsakh Select Committee
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New yorkUnited statesRepublic of armeniaScott wilkr santa claritaScott wienerd san franciscoAnthony portantinoD los angelesBrianw jonesr santeeElena durazod los angelesAnthonyj portantinoMelissa hurtadod sangerBob archuletad pico riveraAndreas borgeasr fresnoSenate select committee on californiaCalifornia state senateSenate select committee