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News

GCVCC Supports AB 87 and SB 113

February 14, 2022

News from the GCVCC Business Legislative Advocacy Committee

The California Chamber of Commerce, the California Taxpayers Association, and the organizations listed in this letter are pleased to support AB 87 (Assembly Committee on Budget) and SB 113 (Senate Committee on Budget and Fiscal Review), both as amended on February 2, 2022. Specifically, we support the 2022-23 State Budget restoring the net operating loss (NOL) deduction and business incentive tax credits that were suspended and capped in the 2020-21 budget via AB 85 (Chapter 8, Statutes of 2020). Sunsetting the last year of the suspension and cap will assist employers in their economic recovery and incentivize them to remain in California.

Full Letter:

AB 87 SB 113 Budget Committees Coalition Support

Upcoming Events

Mar 20
7:30 am - 1:30 pm

Bring Your Foursome To A Day Of BMW Relay Racing

Mar 22
7:30 am - 9:30 am

Morning Mixer At The Braille Institute Coachella Valley Neighborhood Center

Mar 25
9:00 am - 3:00 pm

Rescheduled due to Rain to March 25th – La Quinta Car Show 2023

Apr 6
4:00 pm - 5:00 pm

Ribbon Cutting | Seek Personnel Staffing

Apr 7
10:00 am - 11:30 am

Chamber 101 On April 7 At BBSI-La Quinta

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760.347.0676
760.347.6069
[email protected]

Locations

Coachella

1515 6TH ST.
Coachella, CA 92236

M – TH | 8:30am – 4:30pm

Cathedral City

45-149 Smurr St., Ste. A
Indio, CA 92201

M – F | 8:30am – 4:30pm

Indio

45-149 Smurr St., Ste. A
Indio, CA 92201

M – F | 8:30am – 4:30pm

Desert Hot Springs

12561 Palm Drive, Ste. C
Desert Hot Springs, CA 92240

M – F | BY APPOINTMENT ONLY

La Quinta

78015 Main Street,
Suite 206
La Quinta, CA 92253

M – F | BY APPOINTMENT ONLY

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