California AB 91 Affects LKE

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. CA AB 91 Legal Analysis.

CA Assembly Bill 5 Would Convert Millions to Employees

CA AB 5, currently pending in the California legislature, would impose the “ABC” test on California businesses and workers, dramatically altering the legal standards applied in evaluating whether a worker is an employee or an independent contractor. If AB 5 is enacted in its current form, on January 1, 2020, approximately two million independent contractors in California could be considered employees under state law.

California Data Privacy Law Could Set National Standard

The California Consumer Privacy Act takes effect Jan. 1, 2020 and applies to any business collecting or storing data about California residents. It could set the stage for nationwide privacy protection because most businesses would avoid maintaining duplicate privacy frameworks. Click here for guidance on complying with the CCPA.States could add Biometics to Data Privacy Laws At the start of this year, many observers believed states might be lining up to duplicate California’s tough new data privacy law, set to go into effect next year. That rush didn’t quite materialize, but that doesn’t mean lawmakers completely whiffed on data protection.

Lawmakers push for New Agency to decide Tractor Tax

CA S 468 initially sought to eliminate the tractor tax exemption and has been modified to create a new and unnecessary and potentially costly new agency. Far West Equipment Dealers Association joined a coalition of California businesses in opposing the measure, which would “create a bureaucracy that is duplicative of functions currently performed by a number of existing agencies, including the Department of Finance (DOF), the LAO, the State Auditor and others.”