Daily Document Update: HR Compliance Library, ¶46,088, California Gov. Newsom issues revised state budget proposal that includes expansion of paid family leave, Earned Income Tax Credit and health care - STATE LAW, (May 15, 2019)

摘要

California Governor Gavin Newsom on May 9, 2019, released a revised state budget proposal that focuses on saving for a rainy day-putting a record amount into the state's reserves and making billions in fiscal pay downs of pension debt. It also prioritizes one-time investments aimed at tackling the main issues driving California's affordability crisis. "The California Dream must be built on a strong fiscal foundation," said Governor Newsom. "This budget fortifies California's fiscal position while making long-sighted investments to increase affordability for California families. The affordability crisis families face in this state is very real, and that's why this budget tackles those challenges head-on by focusing on housing, health care, early childhood and higher education."