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- Written by: Elizabeth Larson
Sen. Mike McGuire, chair of the Senate Committee on Governance and Finance, Assemblywoman Autumn Burke, chair of the Assembly Committee on Revenue and Taxation and California Treasurer Fiona Ma are partnering on AB 147 – which implements the United State Supreme Court decision in South Dakota v. Wayfair Inc.
This decision authorizes states to begin collecting sales and use tax from online and out-of-state retailers without a physical presence in California.
AB 147 allows California to correct the competitive advantage out-of-state businesses, who did not collect tax, had over California retailers, who did. This inequity can give a big edge to online retailers over small businesses.
“A one-size-fits-all approach modeled after South Dakota law is not necessarily appropriate for a state with 40 million residents,” said Assemblywoman Autumn R. Burke (D-Inglewood) said Monday. “Today’s passage of AB 147 out of the Assembly Committee on Revenue and Taxation demonstrates the willingness of legislators and stakeholders to implement a thoughtful application of the Wayfair decision in California that creates a level-playing field for small and large businesses. We look forward to ushering this critical piece of legislation through the process so that all businesses, in and out of state, have a clear understanding of the changing dynamic of California’s e-commerce sector.”
“The Wayfair decision is one of the most important Supreme Court decisions in recent memory because it removes the competitive advantage online and out-of-state businesses, who did not collect sales tax, had over brick and mortar California retailers, who have always collected taxes. Local mom and pop businesses across California have been clamoring for relief for years and this legislation levels the playing field and not only implements Wayfair effectively, but also fairly. We are grateful to partner with Chairwoman Burke and Treasurer Ma on this important legislation.”
“As we all know, more and more consumers today have turned to online shopping, but our laws don’t reflect this shift. The passage of AB 147 out of Committee today furthers our efforts to close this loophole that currently puts small and brick and mortar businesses at a disadvantage in California while bringing approximately $1 billion in much needed revenue to our state and local governments,” said State Treasurer Fiona Ma, CPA.
AB 147 passed the Assembly Revenue and Taxation Committee Monday afternoon with a 10 to 0 vote.
Thirty three states have already implemented the Wayfair decision, with every other state with a sales tax expected to follow.
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The bill closes a loophole in the state’s existing data breach notification law by requiring businesses to notify consumers of compromised passport numbers and biometric information.
“Knowledge is power, and all Californians deserve the power to take action if their passport numbers or biometric data have been accessed without authorization,” said Attorney General Becerra. “We are grateful to Assemblymember Levine for introducing this bill to improve our state’s data breach notification law and better protect the personal data of California consumers. AB 1130 closes a gap in California law and ensures that our state remains the nation’s leader in data privacy and protection.”
“There is a real danger when our personal information is not protected by those we trust,” said Assemblymember Levine. “Businesses must do more to protect personal data, and I am proud to stand with Attorney General Becerra in demanding greater disclosure by a company when a data breach has occurred. AB 1130 will increase our efforts to protect consumers from fraud and affirms our commitment to demand the strongest consumer protections in the nation.”
In 2003, California became the first state to pass a data breach notification law requiring companies to disclose breaches of personal information to California consumers whose personal information was, or was reasonably believed to have been, acquired by an unauthorized person.
This personal information includes identifiers such as a person’s social security number, driver’s license number, credit card number, and medical and health insurance information.
This bill would update that law to include passport numbers as personal information protected under the statute.
Passport numbers are unique, government-issued, static identifiers of a person, which makes them valuable to criminals seeking to create or build fake profiles and commit sophisticated identity theft and fraud.
AB 1130 would also update the statute to include protection for a person’s unique biometric information, such as a fingerprint, or image of a retina or iris.
The legislation was prompted by the massive data breach of the guest database at Starwood Hotels – recently acquired by Marriott – in 2018.
Marriott revealed that the massive breach exposed more than 327 million records containing guests’ names, addresses, and more than 25 million passport numbers, among other things.
Though the company did notify consumers of the breach, current law does not require companies to report breaches if only consumers’ passport numbers have been improperly accessed.
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The workshop will take place from noon to 2 p.m. at Lakeport City Hall, 225 Park St.
With the recent devastation in Northern California due to the wildfires it is clear to all that havoc from natural disasters can alter an individual’s life in seconds.
All small business owners impacted by natural disasters, either directly or indirectly, are finding they have many new unanswered questions on a personal and professional level of operating a business.
This must-take free workshop will help guide the entrepreneur to be better prepared when and if the next disaster strikes.
What you can expect to learn:
• Ways to protect your assets.
• What does insurance really cover?
• How to protect licenses, records and paperwork.
• How to put your documents in the Cloud.
• Leading your employees.
• How to get help for your business.
This two-hour workshop includes take-home guidebook with worksheets and resources.
Sign up for the workshop before seating fills up.
Instructor Rachel Clark has worked as an EMyth Business Coach for 14 years, helping clients transform their businesses and lives using the tools, methodologies, and principles of the EMyth coaching program.
Using her formal education in Marketing and Economics (coupled with years of experience in Executive Recruiting), Clark helps clients ready to work on their leadership and business skills.
For more information or to sign up visit https://www.westcenter.org/workshops/2019/3/4/emergency-prep-for-your-business-lake-county.
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- Written by: Elizabeth Larson
Gordon will focus on commercial insurance for the construction, manufacturing, retail and wholesale industries.
Davis is an account manager and will service client accounts.
Lincoln-Leavitt is part of Leavitt Group, a network of insurance brokers whose collective strength allows members to provide national resources to their clients.
“We are thrilled to have Tina and Maria join our agency,” said Jill Jensen, co-owner of Lincoln-Leavitt Insurance. “They are bringing a combined 50+ years of insurance experience that will help us to best serve our clients.”
“I’m excited to continue supporting our local community,” said Gordon. “I look forward to working with both new and current clients.”
Prior to joining the agency, both Gordon and Davis worked for Northwest Insurance/George Petersen Insurance.
Gordon has worked in the insurance industry since 1989 and earned the Certified Insurance Service Representative and Certified Insurance Service Representative designations. Davis has 25 years of insurance experience and earned the Certified Insurance Service Representative designation.
Lincoln-Leavitt Insurance a leading provider of insurance products for families and businesses in Lake County. Their staff of licensed professionals brings more than 115 years of combined insurance experience to clients.
Leavitt Group provides clients with greater insurance market access and a wide range of value-added services and resources. Clients receive employee benefits solutions, property and casualty insurance, risk management, and other services. Clients also benefit from the consultative approach to employee benefits and risk management found within the culture of each office and the unique flexibility that comes with local, on-the-ground agency owners.
For more information about Leavitt Group, please visit www.leavitt.com.