Most Democratic lawmakers don’t support cutting or pausing gas taxes, meaning there’s little chance of Fong getting his wish. Fong, a Bakersfield Republican, argued suspending state gas taxes would be quicker and more effective at combating high gas prices than the other proposals. They argue that doling out stimulus checks based on income is more equitable and that incentivizing car ownership conflicts with the state’s climate change goals.Īssemblyman Vince Fong, the top Republican on the Assembly Budget Committee, has been advocating, along with other Republicans and some Democrats, for a gas tax suspension. It will now move on to the Assembly Appropriations Committee.Many lawmakers say they oppose Newsom’s plan because it ties relief money to car ownership. Lawmakers in the Assembly Revenue and Taxation Committee passed the bill in a 7-0 vote. The bill received no opposition testimony during Monday’s committee hearing, and there are no groups currently registered in opposition of the bill, according to the committee’s analysis. “This status allows groups to raise money or financing while avoiding state and federal income and unemployment taxes.” “Hateful groups with tax-exempt status may be using that status to raise money for violent and illegal purposes,” Ms. Wiener’s bill would ensure nonprofits “do not abuse tax-exempt status in California or anywhere else.” Wiener’s bill said Monday that some “extremist and hateful groups” operating as nonprofits “may be abusing their tax-exempt status to further their violent or hateful objectives.” Beth Holtzman, a civil rights counsel for the Anti-Defamation League, argued Sen. Thus far, at least 865 people have been charged following the insurrection, according to a tracker published by Business Insider. 6 attack on the Capitol, the FBI began a search for individuals involved. Wiener noted that the Franchise Tax Board is currently directed by law to revoke the tax-exempt status of nonprofits who sponsor international terrorism, but there is no existing authority concerning nonprofits who “literally tried to overthrow our government.” He told lawmakers his bill would “fill an important gap” in the law.įollowing the Jan. “Tragically, there were nonprofits involved, and we want to make sure that going forward that these nonprofits do not get tax subsidies from California taxpayers.”ĭuring his testimony, Sen. Wiener told lawmakers in the Assembly Revenue and Taxation Committee on Monday. “There was a very organized effort to prevent the peaceful transition of power and to overthrow our government,” Sen. A committee of federal lawmakers has recently begun a series of hearings revealing findings of the investigation surrounding the Capitol insurrection. Scott Wiener, D-San Francisco, introduced the bill in January, a year after the attack on the U.S. The bill would require the attorney general to notify the Franchise Tax Board of findings, ultimately giving the board the authority to revoke the tax-exempt status of nonprofits in violation. The bill, dubbed the “No Tax Exemption for Insurrection Act,” would strip the California tax-exempt status of nonprofits that the state’s attorney general has determined “participate in or incite efforts to overthrow the United States government or any state government.”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |