2002 - 2003 TimelineSelect a month to view the timeline for this issue:
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Budget & Economy
Oct 2nd Davis signed corporate accountability legislation, cracking down on tax shelters and tax loopholes. More Info
Oct 1st Increased vehicle license fees went into effect. More Info
  Employment Development Department released California economic report, showing the state's economy is similar to national economy. More Info

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Overview

Davis signed 3 bills eliminating tax loopholes; banning the state from doing business with companies that take their businesses overseas to avoid paying California taxes; and increasing penalties for using illegal tax shelters.

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