Quirk-Silva Bill to Give Tax Cuts to Small Businesses Passes Assembly Floor
(SACRAMENTO) â Today, Assembly Bill 162 (AB 162) by Assemblywoman Sharon Quirk-Silva (D-Orange County), and Assemblymember Sabrina Cervantes (D-Corona) was approved on the Assembly floor by a bipartisan vote of 65-0. AB 162 would make more small businesses eligible for the California Competes tax cut administered by the Governorâs Office of Business and Economic Development (GO-Biz).