On February 12, Assembly Member Frank Bigelow introduced Assembly Bill 664 to suspend annual tax payments for small businesses. The bill would amend Sections 17935, 17941, 17948, and 19001, and add Section 19001.5 to the Revenue and Taxation Code. This measure contains an urgency clause and would take effect immediately upon enactment if passed by 2/3 of both houses of the Legislature.

Read More: https://californiaglobe.com/section-2/new-bill-to-suspend-annual-tax-payments-for-small-business/