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Severance Tax Legislative History In California
A severance tax is an article of legislation that imposes a tax on the extraction of natural resources. In the United States, California is the only state that does not impose a significant severance tax. Instead, California imposes a statewide assessment fee, as set by the California Department of Conservation, and individual counties may choose to impose an ad valorem tax on a per county basis. Over the years, several measures have been introduced as ballot initiatives and legislation in an attempt to pass a statewide severance tax, though none has become law. Recent history 1990s In the 1990s, the California State Assembly proposed two similar bills, Assembly Bills 1693 by Assemblymember Burt Margolin and 336 by Assembly member Antonio Villaraigosa. Both measures imposed a 6% oil severance tax and the revenues to be raised from the measure were to be directed into California's General Fund. Both measures were stalled in their respective committees and thus never became law. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Severance Tax
Severance taxes are taxes imposed on the removal of natural resources within a taxing jurisdiction. Severance taxes are most commonly imposed in oil producing states within the United States. Resources that typically incur severance taxes when extracted include oil, natural gas, coal, uranium, and timber. Some jurisdictions use other terms like gross production tax. Note that severance taxes are used in jurisdictions where most resource extraction occurs on privately owned land and/or where sub-surface minerals are privately owned (for example, the United States). Where the resources are publicly owned to begin with (for example, in most Commonwealth and European Union countries), it is not a tax but rather a resource royalty that is paid. In the case of the forestry industry, this royalty is called " stumpage". Oil and natural gas Severance taxes are set and collected at the state level. States usually calculate the tax based on the value and/or volume produced; sometimes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denise Moreno Ducheny
Denise Moreno Ducheny (born March 21, 1952) is an American lawyer and former politician from California. She is a former California State Senator who represented Senate District 40, which includes southern San Diego County, part of Riverside County, and all of Imperial County. Ducheny is a Democrat. She lives with her husband, Al, in San Diego, California. She is now a senior policy advisor at the Center for U.S.-Mexican Studies at the University of California, San Diego. Background Ducheny was born in Los Angeles, California. She graduated with a BA in History from Pomona College. She earned her JD in 1979 from Southwestern University School of Law. After graduation, she practiced law from 1979 in south San Diego, California. Ducheny served on the San Diego Community College Board from 1990 to 1994. State Assembly Ducheny served as chair of the California State Assembly in 1994 to 2000. She was the first San Diegan, first woman, and first Latino ever to be appointed to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NextGen Climate
NextGen America is a progressive advocacy nonprofit and political action committee created in 2013 by billionaire hedge fund manager Tom Steyer. The group mobilizes young voters on issues including climate, health care, reproductive freedom, immigration, and equality. Since its founding, the 501(c)(4) organization has registered 1.3 million voters, and contacted millions of young people with messages encouraging them to vote. History Businessman Tom Steyer founded NextGen America (originally called NextGen Climate) in 2013, and stepped down as president after announcing his presidential bid in 2019. 2014 election cycle NextGen America's political arm, super PAC NextGen Climate Action Committee, began lending support to candidates in 2013. In the 11 most competitive 2014 U.S. Senate elections, NextGen Climate Action Committee spent slightly more than $19 million to support Democratic candidates, making it the seventh-biggest spender amount outside groups.Ian Vandewalker, El ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tom Steyer
Thomas Fahr Steyer (born June 27, 1957) is an American climate investor, businessman, hedge fund manager, philanthropist, environmentalist, and liberal activist. Steyer is the co-founder and co-chair of Galvanize Climate Solutions, founder and former co-senior-managing-partner of Farallon Capital and the co-founder of OneCalifornia Bank, which became (through merger) Beneficial State Bank, an Oakland-based community development bank. Farallon Capital manages $20 billion in capital for institutions and high-net-worth individuals. The firm's institutional investors include college endowments and foundations. Steyer served on the board of trustees at Stanford University from 2007 to 2017. Since 1986, he has been a partner and member of the executive committee at Hellman & Friedman, a San Francisco–based private equity firm. In 2010, Steyer and his wife signed The Giving Pledge to donate half of their fortune to charity during their lifetime. In 2012, he sold his stake in and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Reich
Robert Bernard Reich (; born June 24, 1946) is an American professor, author, lawyer, and political commentator. He worked in the administrations of Presidents Gerald Ford and Jimmy Carter, and served as Secretary of Labor from 1993 to 1997 in the cabinet of President Bill Clinton. He was also a member of President Barack Obama's economic transition advisory board. Reich has been the Chancellor's Professor of Public Policy at the Goldman School of Public Policy at UC Berkeley since January 2006. He was formerly a Lecturer at Harvard University's John F. Kennedy School of Government and a professor of social and economic policy at the Heller School for Social Policy and Management of Brandeis University. He has also been a contributing editor of ''The New Republic'', ''The American Prospect'' (also chairman and founding editor), ''Harvard Business Review'', ''The Atlantic'', ''The New York Times'', and ''The Wall Street Journal''. Reich is a political commentator on programs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretary Of Labor
The United States Secretary of Labor is a member of the Cabinet of the United States, and as the head of the United States Department of Labor, controls the department, and enforces and suggests laws involving unions, the workplace, and all other issues involving any form of business-person controversies. Formerly, there was a Department of Commerce and Labor. That department split into two in 1913. The Department of Commerce is headed by the secretary of commerce. Secretary of Labor is a Level I position in the Executive Schedule, thus earning a salary of US$221,400, as of January 2021. Marty Walsh has been Secretary since being sworn in on March 23, 2021. He was confirmed the previous day by the Senate as the last member of Joe Biden's cabinet, after being nominated by President Joe Biden on January 7, 2021. List of secretaries of labor ; Parties (13) (16) Status Line of succession The line of succession for the Secretary of Labor is as follows: # Deputy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UC Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant university and the founding campus of the University of California system. Its fourteen colleges and schools offer over 350 degree programs and enroll some 31,800 undergraduate and 13,200 graduate students. Berkeley ranks among the world's top universities. A founding member of the Association of American Universities, Berkeley hosts many leading research institutes dedicated to science, engineering, and mathematics. The university founded and maintains close relationships with three national laboratories at Berkeley, Livermore and Los Alamos, and has played a prominent role in many scientific advances, from the Manhattan Project and the discovery of 16 chemical elements to breakthroughs in computer science and genomics. Berkeley is also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberto Torrico
Alberto Torrico was elected to the California State Assembly in 2004. He served for six years, including two years as Majority Leader. During his three terms in Sacramento, Alberto served as Chair of the Public Employee Retirement and Social Security Committee, charged with oversight of the pension funds, CALPERS and CALSTRS. He also chaired the Governmental Organization Committee. In the California Democratic primary of 2010, Alberto ran unsuccessfully for Attorney General. After being termed out of office, Torrico was appointed to the California Unemployment Insurance Appeals Board in January 2011. Prior to his legislative tenure, Alberto served as a council member for three years in the East Bay community of Newark. Early life and education Torrico attended Irvington High School in Fremont, California. Torrico earned his Bachelor of Science degree in political science from Santa Clara University. He went on to earn a J.D. from University of California, Hastings College ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schwarzenegger
Arnold Alois Schwarzenegger (born July 30, 1947) is an Austrian and American actor, film producer, businessman, retired professional bodybuilder and politician who served as the 38th governor of California between 2003 and 2011. ''Time'' magazine named Schwarzenegger one of the 100 most influential people in the world in 2004 and 2007. Schwarzenegger began lifting weights at the age of 15 and went on to win the Mr. Universe title at age 20 and subsequently won the Mr. Olympia title seven times. He is widely regarded as one of the greatest bodybuilders of all time, and has written many books and articles about bodybuilding. The Arnold Sports Festival, considered the second-most important bodybuilding event after Mr. Olympia, is named after him. He appeared in the bodybuilding documentary ''Pumping Iron'' (1977). Schwarzenegger retired from bodybuilding and gained worldwide fame as a Hollywood action star, with his breakthrough in the sword and sorcery epic ''Conan the Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noreen Evans
Noreen Marie Evans (born April 22, 1955) is an American lawyer and politician who was a member of the California State Senate. As a Democrat, she represented the 2nd district, encompassing Humboldt, Mendocino, Lake and Napa counties, as well as parts of Sonoma and Solano counties. Early life and education Evans attended California State University, Sacramento, graduating in 1978 with an undergraduate degree in government. She then attended the University of the Pacific's McGeorge School of Law, graduating with a J.D. in 1981. Career Private law In 1982, Evans was admitted to the California bar. After graduation, she studied international business at the University of Salzburg and worked in Ireland at a Dublin firm of solicitors. In the United States, she practiced law as a civil litigator, arguing cases before both trial and appellate courts. She was a litigation partner in the Santa Rosa law firm of O’Brien, Watters, & Davis, and then an attorney with the Sant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
