California Prop 39

PROP 39 SEEKS TO CLOSE TAX LOOPHOLE, CREATE "CLEAN ENERGY" JOBS IN CA

By Thea Skinner

Proposition 39 adjusts taxes for multi-state corporations to fund clean energy programs

October 12, 2012 (San Diego’s East County)--Prop 39 changes tax laws to require businesses operating in several states to pay California income tax based on the percentage of sales from California. From this money saved, California would dedicate $550 million every year for five years toward energy efficiency jobs and projects that create clean energy.


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