skip to main content
skip to newscasts

Tuesday, September 26, 2023

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Federal judge blocks AZ law that 'disenfranchised' Native voters; government shutdown could cost U.S. travel economy about $1 Billion per week; WA group brings 'Alternatives to Violence' to secondary students.

view newscast page
play newscast audioPlay

Senator Robert Menendez offers explanations on the money found in his home, non-partisan groups urge Congress to avert a government shutdown and a Nevada organization works to build Latino political engagement.

view newscast page
play newscast audioPlay

An Indigenous project in South Dakota seeks to protect tribal data sovereignty, advocates in North Carolina are pushing back against attacks on public schools, and Arkansas wants the hungriest to have access to more fruits and veggies.

Education Groups Call for Oversight of CA State Tax Credits

play audio
Play

Wednesday, April 17, 2019   

SACRAMENTO, Calif. - Education groups are calling for more sunshine in the Golden State, with a bill that demands greater accountability for the billions of dollars of tax breaks California gives to commercial interests.

Senate Bill 468 would sunset many business tax credits by 2023 and require that any extensions be justified with hard data. State legislative analysts would be directed to determine whether the tax credits are really bringing the benefits they promised.

"The people of California give enormous tax breaks to a lot of corporations," said state Sen. Hannah-Beth Jackson, D-Santa Barbara, who authored the bill, "and it's to the detriment of our schools and to the detriment of other policies, like creating more affordable housing and working on wildfires."

SB 468, which has a hearing set for May 1, targets nine of the most generous tax breaks. One, known as the "Water's Edge" credit, determines how multinational corporations pay their state taxes. Others subsidize airline fuel on international flights or give sales-tax exemptions for animal feed, farm machinery and custom software. Each tax break has its own supporters, many of whom say the state should be more-business friendly, not less.

The California Department of Finance estimates that, from 2008 to 2021, tax incentives will have cost the state $500 billion. Dennis Meyers, assistant executive director for government relations for the California School Boards Association, said the analyses would provide lawmakers with the data to decide which tax breaks might have outlived their usefulness.

"It could lead to $3 billion more a year, if all of these show that they're not producing and not worthy of reinstatement," he said. "That could lead to significant investment to move that needle in per-pupil funding."

Proposition 98 requires that schools automatically get more funding as the general fund grows. California ranks 44th in the nation in per-pupil spending, despite being the wealthiest state and the world's fifth-largest economy.

The text of SB 468 is online at leginfo.leglslature.ca.gov.


get more stories like this via email

more stories
Damage seen on Maui after catastrophic, wind-driven fires swept through the area. (Brea Burkholz/Direct Relief)

Social Issues

play sound

A California group formed after the firestorm that leveled the town of Paradise is stepping up to help Maui recover from its own disaster last month…


Social Issues

play sound

Skills for reducing violence are becoming essential in schools. At the beginning of the school year, students at a Washington state high school …

play sound

The age-old theory that opposites attract has been debunked. According to analysis of more than 130 traits in a study that included millions of …


The New York City Mayor has declared a State of Emergency due to the 113,000 migrants who've arrived since spring of 2022. (pressmaster/Adobe Stock)

Social Issues

play sound

A new report questions New York City Mayor Eric Adams' latest budget proposal for dealing with the city's influx of over 110,000 migrants. The cost …

Social Issues

play sound

A federal judge has blocked a 2022 Arizona law that voting-rights advocates say would have made it harder for some Native Americans to vote. House …

UAW members are asking for 36% raises in general pay over four years, as well as the return of pension plans for new workers. (Adobe Stock)

Social Issues

play sound

Thousands of U.S. auto workers remain on strike, and the walkout is being felt in Minnesota. A rally was scheduled this morning in the Twin Cities …

Environment

play sound

If states like Minnesota are going to meet their climate goals, experts say younger workers will need to step into the roles to make it happen - like …

Health and Wellness

play sound

In rural Arkansas, access to healthcare can be a distant dream - literally - as almost 60 counties in the state do not have enough providers to serve …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021