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The State Board of Equalization estimated that imposing a $50 per ounce levy on cannabis sales could generate $1.4 billion a year in new tax revenue, thus generating a large amount of revenue at a time when the state was experiencing financial pressure.
If it were not part of the basic price of the product, sales tax would not apply to it. Accordingly, when the State of California raised the CRV from $0.04 on 2 L bottles and $0.02 on cans to $0.08 and $0.04, respectively, then again to $0.10 and $0.05, respectively, it was also raising California's sales tax revenue gained on the imposed fee.
Soft drink containers of 1 and 0.5 liters (and more recently 1.25 liter bottles) are increasingly sold alongside 12 fl oz, 16 fl oz, 20 fl oz, and 24 fl oz (355, 473, 591 and 710 mL) sizes. The half-liter water bottle (16.9 fl oz) has nearly replaced the 16 ounce size. 700 mL (23.6 fl oz) and one-liter sizes are also common, though 20 fl oz and ...
It passed the California State Senate on September 14, 2023 by 29 votes to 10, with one senator (Josh Newman) not voting. [ 7 ] Proposition 5 would have allowed a city, county or special district in California to issue bonds with 55% voter approval, so long as the bonds were to fund affordable housing , permanent supportive housing , or public ...
Gov. Gavin Newsom, McGuire and Assembly Speaker Robert Rivas, D-Hollister, have said repeatedly a district attorney-backed ballot measure to change Proposition 47 would take the state back to the ...
California’s Proposition 35 is a battle over how state lawmakers can spend billions in health care dollars. It would make permanent a tax on health insurance plans, a charge that also allows the ...
AB 1228 went into effect in the Golden State April 1, setting a $20 per hour minimum wage for those working at fast food restaurants with less than 60 locations nationwide and restaurants located ...
Metric measures fluid ounces Imperial fluid ounce (fl oz) ≡ 1 imp fl oz. ≈ 0.960 759 940 40 US fl oz ≈ 0.947 102 083 33 US fl oz (food) ≡ 28.413 0625 mL ≡ 0.028 413 0625 L. US fluid ounce (customary) (fl oz) ≈ 1.040 842 730 79 imp fl oz. ≡ 1 US fl oz ≡ 0.985 784 318 75 US fl oz (food) ≡ 29.573 529 5625 mL ≡ 0.029 573 529 5625 L