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California Now World’s Fourth Largest Economy
California surpassed Japan as the world’s fourth-largest economy, according to data from the International Monetary Fund (IMF) and the U.S.
Apr 25
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California Now World’s Fourth Largest Economy
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California Challenges Trump's Authority to Impose Tariffs
Newsom cites tariffs impact on California’s economy.
Apr 23
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California Challenges Trump's Authority to Impose Tariffs
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Newsom Asks Countries to Exclude California from Retaliatory Tariffs
Governor Gavin Newsom is asking California’s international trade partners to exclude products made in the state from tariffs imposed in retaliation to…
Apr 11
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Newsom Asks Countries to Exclude California from Retaliatory Tariffs
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Trump Blocks Enforcement of State-Level Climate Regulations
Executive order is part of a strategy to increase domestic energy production.
Apr 10
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Trump Blocks Enforcement of State-Level Climate Regulations
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Bill Would Base Corporate Taxes on Compensation Ratio
The California Senate is considering a bill that would increase the state’s tax rate for publicly held corporations.
Apr 1
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Bill Would Base Corporate Taxes on Compensation Ratio
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February 2025
U.S. District Judge Dismisses Two Claims Against Climate Reporting Law
On February 3, 2025, a U.S.
Feb 11
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U.S. District Judge Dismisses Two Claims Against Climate Reporting Law
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September 2024
California Delays Climate Reporting until July 2025
California is delaying implementation of the state’s climate reporting laws until July 1, 2025.
Sep 30, 2024
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California Delays Climate Reporting until July 2025
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July 2024
Governor Proposes Delay to Climate Reporting
California Governor Gavin Newsom proposed budget legislation that would delay the implementation of the state’s climate reporting laws by two years…
Jul 31, 2024
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Governor Proposes Delay to Climate Reporting
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June 2024
California to Repeal Key Tax Benefits for Oil Production
Budget legislation reflects governor’s priorities for repealing oil and gas tax benefits, as outlined in January budget proposal.
Jun 17, 2024
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California to Repeal Key Tax Benefits for Oil Production
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February 2024
Business Groups Challenge California Climate Reporting Law on Constitutional Grounds
A coalition of business groups filed a lawsuit challenging SB 253 and SB 261, two new California laws that require companies to report greenhouse gas…
Feb 1, 2024
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Business Groups Challenge California Climate Reporting Law on Constitutional Grounds
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January 2024
Newsom’s Proposed Budget Would Eliminate Tax Benefits for Independent Oil and Gas Producers
Governor Gavin Newsom’s proposed 2024-2025 budget would eliminate three tax benefits for independent oil and gas producers beginning in the 2024 tax…
Jan 19, 2024
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Newsom’s Proposed Budget Would Eliminate Tax Benefits for Independent Oil and Gas Producers
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Newsom’s Proposed Budget Cuts and Delays Spending on Key Climate Programs
First step in budget process proposes a combination of spending cuts and delays to climate programs to help close the state’s budget deficit.
Jan 18, 2024
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Newsom’s Proposed Budget Cuts and Delays Spending on Key Climate Programs
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