Reuters - California lawmakers in the state Senate approved on Tuesday evening the first bill in a state budget package that closes a nearly $10 billion shortfall a day after Governor Jerry Brown and top Democrats unveiled the package.
The State Assembly in California has signed a bill into law, allowing the use of alternative currencies such as Bitcoin in the Golden State.
The new law overturns previous regulation that had banned alternative currencies from being used as a form of payment. California Governor Jerry Brown was one of the signatories of the bill, saying that with the new legislation, California is enabling a wave of savvy, digital payment formats.
Just under a month ago, the mainstream media and blogging coat-tail-riders all hailed the miracle that was a huge windfall rise in California's tax receipts as a sign; a glimpse of what was to come from our centrally planned utopian recovery. Surpluses, taxes up, life is good. Unfortunately, as is always the case in reality, if its too good to be true, then it is! The LA Times reports that the historic $5bn revenue bump appears to have been an accounting anomaly!
SACRAMENTO, Calif. — California on Monday became the first state to enshrine certain rights for transgender kindergarten-through-12th grade students in state law, requiring public schools to allow those students access to whichever restroom and locker room they want.