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May 2023

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March 2023

California Enacts Legislation to Monitor Gasoline Prices and Impose Penalties on Refiners
Reader note: For more in-depth coverage of California energy policy, see The California Energy Transition. On March 28, 2023, Governor Gavin Newsom…
Legislation to Monitor Gasoline Prices and Impose Penalties on Refiners Passes Senate
The proposed legislation formalizes Newsom’s recent amended proposal for an oil profits penalty.
Los Angeles Moves to Dismiss Transfer Tax Lawsuit
The City of Los Angeles argued for the dismissal from federal court of a constitutional challenge to the real estate transfer tax known as Measure ULA…
Newsom Amends Oil Profits Penalty Proposal
New plan would empower state regulator to investigate oil prices and penalize companies.
Lawmakers Introduce Constitutional Amendment to Abolish Board of Equalization
California assembly members introduced a constitutional amendment to end the California State Board of Equalization. The amendment, ACA 11, would…
Californians Think Economy is Top Policy Issue for 2023
70% of Californians say they pay too much in taxes, 85% says the budget deficit is a problem, and 52% would rather pay lower taxes and receive fewer…
Newsom Proposes Extension of Film Tax Credit
Gov. Gavin Newsom proposed to extend California’s film and television tax credit by five years to 2030 with $330 million in annual funding. Newsom also…
Federal Regulator Extends License for Diablo Canyon Nuclear Power Plant
Federal regulators extended the license for the Diablo Canyon Nuclear Power Plant past its scheduled closing date in 2025 while the agency considers its…
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