A new California law that goes into effect Jan. 1 will prohibit state-chartered banks from charging fees for withdrawals that are instantaneously declined.
California was nearly $2 billion over forecast in corporate tax receipts this summer, including by $844 million in July. A tax change meant to help the budget deficit helped drive the surge.
Prop. 22 promised improved pay and benefits for California gig workers. But when companies fail to deliver, the state isn’t doing much to help push back.
The state’s landlords see rising insurance costs, so they say they’re going to have to raise rents. But they complain about laws that limit how much they can do so.
Gov. Gavin Newsom last week signed a budget that slashed $107.8 million in funding for programs and projects that address extreme heat, and shifted $55.7 million across different programs.
A proposal to fix California’s insurance crisis would require the insurance department to process requests from insurers more quickly. But that could end with a lot of rate increases for consumers.
Under a new law, employees in California are guaranteed five paid sick days a year, two days more than previously. Worker advocacy groups say the benefit is needed, but business groups warn of additional costs.