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October 1, 2023
Small Business Thanks Gov. Newsom for Veto of SB 799 (Portantino)
- “With the state more than $18 billion in debt to the federal government for loans it took out to keep California’s UI trust fund barely functioning, the Legislature’s own analyst calls the current state of the fund ‘structurally insolvent’
- “Business owners are already looking down the barrel of increased UI taxes in December
- “Opening up eligibility to those who willingly leave jobs they have to go out on strike would not only run counter to what the fund is for but also possibly bankrupt it for many years to come.”

State:
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