skip to main content
skip to newscasts

Monday, December 23, 2024

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

Suspect held after woman set on fire in NY subway car dies; Trump threatens to take back Panama Canal over 'ridiculous' fees; A year of growth for juvenile diversion programs in SD; The ups and downs of combating rural grocery deserts in ND; Report: AZ one of eight Western states that could improve conservation policies.

view newscast page
play newscast audioPlay

Congress passes a last-minute budget stopgap. Trump's second-term tariffs could harm farmers, and future budget cuts could reduce much-needed federal programs.

view newscast page
play newscast audioPlay

Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

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
The Federal Trade Commission reported older adults are less likely to report scams than those ages 18-59. Because the majority of fraud cases are not reported, the commission estimates national losses last year alone may be as high as $61.5 billion. (fizkes/Adobe Stock)

Social Issues

play sound

The holidays are the busiest time of the year for many people, including scammers. Oregonians lost $136 million to holiday shopping scams last year…


Environment

play sound

Across Pennsylvania and other northern U.S. states, climate change -- from burning oil, coal and methane gas -- is increasing the number of winter …

Social Issues

play sound

The Internal Revenue Service will be in the crosshairs in the second Trump administration, as the president-elect's recently announced choice to run …


Millions of families across the U.S. depend on home-based child care, with over 750,000 children enrolled in these programs, often because parents consider them more flexible than traditional child care centers. (Adobe Stock)

Social Issues

play sound

Alabama is part of a national program aimed at diversifying early childhood education. The Enriching Public Pre-K Through Inclusion of Family Child …

Social Issues

play sound

West Virginia schools' reliance on zero-tolerance policies are driving more kids into the juvenile justice system - with lifelong consequences…

Surveys by the National Alliance on Mental Illness have found 64% of people living with some form of mental illness say the holidays tend to make their conditions worse. (Adobe Stock)

Health and Wellness

play sound

If you find yourself in a less than festive mood this holiday season, you are not alone. In Wisconsin, the recent school shooting tragedy in Madison …

Environment

play sound

By Jennifer Oldham for Civil Eats.Broadcast version by Eric Galatas for Colorado News Connection reporting for the Solutions Journalism Network-Public…

Environment

play sound

From declining commodity prices to unpredictable weather, American farmers are at a crossroads - especially smaller operations. And they're …

 

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