Jenna Magan

Orrick, Herrington & Sutcliffe LLP

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Sweeping Measure to Limit Ability of State and Local Governments in California to Raise Revenues

Voters in California may cast ballots this November on a proposal to make substantial changes to the California Constitution involving taxation and related government powers. Initiative 1935, the so-called “Taxpayer...more

3/1/2024 / California , Public Finance , State and Local Government , State Legislatures

Leveraging SB1 Funding: Considerations for California Public Entities Entitled to Receive SB1 Revenues and their Financial...

In April 2017, the Road Repair and Accountability Act of 2017 was enacted in California (also known as California Senate Bill “SB1”). Key facts about SB1 are as follows...more

11/14/2017 / Construction Project , Excise Tax , Infrastructure , New Legislation , Public Finance , State and Local Government , Tax Revenues , Transportation Industry

New California Law Imposes Additional Disclosure Requirements for Local Government Bonds

Local government issuers of bonds and any conduit borrowers of the proceeds of such bonds need to be aware of California Senate Bill 450 (Hertzberg), signed into law by the Governor on October 9, 2017....more

10/12/2017 / Bond Issuers , Bonds , Disclosure Requirements , Financial Services Industry , New Legislation , State and Local Government

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