Home ->> Articles ->> Top Billing March 2020

March 2020 Articles

Welcome from Treasurer Fiona Ma
Treasurer’s Youth Investment Summit a Hit with Students and Parents
The ABCs of the BCAs: CTCAC
Upcoming BCA Events
Heart of the Treasury
Ask Fiona
Tax Tip
Top Billing
The Vault
The Ma Squad

Newsletter Downloads

March 2020
HTML version, PDF version
February 2020
HTML version, PDF version
January 2020
HTML version, PDF version
Year-End Highlights 2019
HTML version, PDF version

Connect With Us

Subscribe to Newsletter

Top Billing

March 2020

A monthly update on key legislation for Treasurer Ma

Temporary Tax Reductions on Cannabis Cultivation and Excise Taxes

Assembly Bill 1948, Rob Bonta (D-Alameda)

AB 1948 would create a short-term tax deduction for cannabis businesses and consumers by temporarily lowering California’s cannabis excise tax from 15 percent to 11 percent, and suspending the cultivation tax altogether for the next three years.