"A California bill that would have taxed social media platforms' gross receipts from digital advertising to fund programs related to youth mental health stalled out in committee."
"The bill, A.B. 796, didn't get approval from the state Assembly's Tax and Revenue Committee, meaning it can't proceed further."
"The tax panel's chair Mike Gipson (D) referred the bill back to the suspense file at a committee hearing Monday, effectively killing its chances of being passed ..."
California A.B. 796 would have taxed social media platforms' gross receipts from digital advertising to fund youth mental health programs. The bill did not receive approval from the state Assembly's Tax and Revenue Committee and therefore cannot advance. The measure had previously cleared the Assembly's Privacy and Consumer Protection Committee with a 7-2 vote last session. The bill was picked back up this legislative session. Committee chair Mike Gipson (D) referred the bill back to the suspense file at a committee hearing on Monday. Referral to the suspense file effectively prevents the bill from moving forward this session.
#california-legislation #social-media-advertising-tax #youth-mental-health-funding #legislative-committee-process
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