The California state senator who proposed a digital advertising tax in early May is instead turning his focus to a narrower bill that would impose fees on platforms that distribute news, after opposition from big tech companies.
Democratic Sen. Steve Glazer’s bill (S.B. 1327) is still alive and he can bring it up for a vote on the Senate floor any time before the legislative session ends Aug. 31. But he said in an interview Friday that he doubts he can reach the two-thirds vote threshold needed to pass it. He’s seen a “full-court press” from the tech ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.