California residents: This is a VERY IMPORTANT NEXT STEP FOLLOW UP to our previous posting of May 23rd:
California SB 157 which would amend the California tax code to conform with the Federal Revenue Procedure 2009-20, so that California tax payers could carry back NOL for 5 years. There was a vote in the Governance and Finance Committee on this bill on May 18 and it lost by one vote. However it is eligible for reconsideration and our next best chance will be the Committees meeting on June 15.
We don’t know if SB 157 is on the June 15 agenda but right now would be the time to write to all the committee members and tell them we want them to put it on the agenda and to vote to pass it.
If you could each take the few minutes needed to follow up by writing the proposed letters to each Senator listed below, and then pick 3 or 4 and follow up in person by phone. We might just get this passed June 15th – But it will take a little more of our work and focus for the next few days.
THANK YOU – AND PLEASE CIRCULATE.
The Committee Members are:
Lois Wolk (Chairman)
senator.wolk@senate.ca.gov
(f)916 323-2304
(p)916 651-4005
Robert Huff (Vice Chair)
(f)916 324-0922
(p)916 651-4029
Mark DeSaulnier
(f)916 445-2527
(p)916 651-4007
Jean Fuller
(f)916 322-3304
(p)916 651-4018
Loni Hancock
(f)916 327-1997
(p)916 651 4009
Ed Hernandez
(f)916 445-0485
(p)916 651 4024
Christine Kehoe
(f)916 327-2188
(p)916 651 4039
Doug La Malfa
(f)916 445-7750
(p)916 651-4004
Carol Liu
(f)946 324-7543
(p)916 651-4021
Their contact information can also be found by going to Senate.ca.gov, clicking on Committees, clicking on Governance and Finance.
Those who voted yes for the bill last time are: Huff, Fuller, LaMalfa and Liu. Those who voted no are: Wolk, DeSaulnier, and Hancock. Those who didnt vote: Hernandez and Kehoe.
