Assembly Speaker John A. Pérez is drumming up public support for
legislation touted as a billion-dollar relief plan for college students that is
sure to be a Democratic centerpiece this year…
While saving students money, Pérez's plan would raise taxes on
out-of-state companies like Detroit automakers and cigarette-maker Altria by
requiring that multistate companies calculate tax liability based on the
portion of sales in California... The Assembly leader said
his billion-dollar plan would cut fees by two-thirds for families earning under
$150,000 per year - from $5,970 to $1,970 at California
State Universities, and from $12,192 to $4,023 at the University
of California…
Note: The plan would require a 2/3
vote including some GOP legislators and is thus unlikely to be enacted. Apart from that…
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