Nestande resigned his caucus chair post after being the lone Republican vote to support AB1500. The bill would eliminate a $1 billion tax break for out-of-state corporations.
If it becomes law, the proceeds would help reduce tuition costs for California students from middle-class families. AB1500 passed the Assembly 54-25, barely meeting the two-thirds threshold. Nestande said his was the deciding vote.
The article was published Aug. 14, 2012.
Read the complete article at “Assemblyman Nestande quits prestigious post over tax vote.”