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Lawmakers rush to pass bills as session closes

As the California legislature wraps up the 2019 session Sept. 13, lawmakers push to pass bills that will have a significant impact on agriculture and businesses in the state, including Senate Bill 1, Senate Bill 54, Senate Bill 468 and Assembly Bill 5.

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California Tax Laws Update

On July 1, California Governor Gavin Newsome signed Assembly Bill 91 into law, selectively conforming California’s tax laws to certain changes made under the Tax Cuts and Jobs Act of 2017 (TCJA) limiting like-kind exchanges of real property after Jan. 10, 2019. California state tax law does not automatically mirror federal tax law.

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U.S. Chamber Letter on H.R. 582

In the near future, the U.S. House of Representatives is expected to consider the Raise the Wage Act (H.R. 582), which would more than double the federal minimum wage to $15 per hour. While the U.S. Chamber of Commerce is willing to work with members of Congress to develop a legislative package that includes an…

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Revision to Cap and Trade Expenditure Plan

The Governor recently came out with his May Revision to his budget, which included a revision to his proposed Cap and Trade Expenditure Plan. The revision added $65 million to the funding for Ag Diesel Engine Replacement (FARMER Program).


Rep. Jason Smith Fires Up Family Business Estate Tax Coalition

Helping lawmakers, especially new members of Congress, get a good handle on the overall importance of farming and ranching is the first step to securing support for repealing the estate tax, Rep. Jason Smith (R-Mo.) recently told several members of the Family Business Estate Tax Coalition. The American Farm Bureau Federation is a member of the coalition.

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