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Assemblywoman Petrie-Norris Introduces Bill to Strengthen Ignition Interlock Program in California

California is Reinstating Net Operating Loss Deductions and Tax Credits for California Companies

SB 113 Headed to the Governor’s Desk

SACRAMENTO Today, Monday, February 07, 2022, the Legislature took early budget action to restore tax credits and Net Operating Loss (NOL) deductions for California companies – including California’s Research & Development tax credit. Budget bill SB 113 (Economic Relief – COVID 19 Pandemic) passed the Assembly 68-0.