Assemblymember Ramos and Senator Portantino Introduce Bill to Provide Tax Relief for Small Business
(Sacramento, CA) – Assemblymember James C. Ramos (D - Highland) and Senator Anthony J. Portantino (D - La Canada Flintridge) have introduced a bill to replace the minimum franchise tax with one that will benefit California’s small businesses. This bill could lower a corporation’s franchise tax by $200 to $600 annually.