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July 20, 2007 4:59 PM

Oops! Assembly memo says tax-cut bill actually sunsets existing incentives

By Shane Goldmacher - Capitol Alert

In a memo to the Senate sent on Friday, Assembly Speaker Fabian Núñez and Assembly Republican leader Mike Villines reveal that the centerpiece of the tax-cut plan passed in the wee hours of the morning was miswritten and the legislation, Senate Bill 98, "inadvertently" applied a sunset clause to "existing research and development provisions of California law."

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