Capitol Alert

The latest on California politics and government

Gov. Jerry Brown already was vowing to try again next year, minutes after the Senate today rejected Assembly Speaker John A. Pérez's proposal to raise taxes on out-of-state firms for college scholarships.

"Speaker Perez deserves special credit for leading the way to end tax loopholes and fund middle-class scholarships," Brown said in a written statement released at 1:25 a.m. today.

"We're not finished yet and we're going to work to get it done in the next session."

The Senate took a vote on Pérez's Assembly Bill 1500 early this morning, before adjourning for the year, even though the bill's doom had been assured hours earlier when Pérez's efforts to swing a deal with Republicans failed.

The final tally was 22-15, five votes shy of the supermajority needed for passage.

AB 1500 would have altered a tax formula for out-of-state firms to generate $1 billion, mostly for scholarships to students attending the University of California or California State University.

The scholarships were intended for students from middle-class families, with household incomes of about $150,000 per year or less. Separate legislation, Assembly Bill 1501, promised the scholarships - but without funding, that bill is dead, too.



FOLLOW US ON FACEBOOK

More Capitol Alert

Capitol Alert on Twitter

FOLLOW US | Get more from sacbee.com | Follow us on Twitter | Become a fan on Facebook | Watch Bee news, lifestyle videos | View our mobile versions | e-edition: Print edition online | What our bloggers are saying

Popular Categories

Categories


November 2013

Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Monthly Archives


Latest California Clips