California State Treasurer’s Office

featured graphic for California State Treasurer Fiona Ma after COVID-19

State Treasurer Fiona Ma announced the approval of $20.5 million in sales and use tax exclusions (STE) to three innovative California companies, among them a Lithium Valley geothermal energy producer, the manufacturer of a first-of-its-kind aircraft hybrid electric engine, and a recycler that produces chemical-free metal ingot. The STE awards …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

Only ten days remain until the next employer compliance deadline for CalSavers, California’s groundbreaking program aimed at improving retirement security for all Californians. Employers are required to register for CalSavers by June 30, 2022, if they have at least five employees and do not sponsor a retirement plan. Financial penalties …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

State Treasurer Fiona Ma, who chairs the board that oversees CalABLE, California’s savings and investment plan offered to eligible individuals with disabilities, announced the CalABLE Ambassador class for 2022 with a video featuring its nine ambassadors. Watch the video: https://youtu.be/tYS6jxcjeTY CalABLE Ambassadors are volunteer extensions of the CalABLE team, inspiring …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

A landmark program between the California Pollution Control Financing Authority and the California Air Resources Board has just surpassed a milestone of financing enough truck loans to help get more than 36,000 cleaner trucks on the road, State Treasurer Fiona Ma and the California Air Resources Board announced. The Heavy-Duty …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

California State Treasurer Fiona Ma announced the California Debt Limit Allocation Committee’s (CDLAC) approval of more than $3.7 billion in allocation available for affordable housing in 2022. CDLAC and the California Tax Credit Allocation Committee (CTCAC), both chaired by Treasurer Ma, authorize tax-exempt debt and award state and federal low-income …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

California State Treasurer Fiona Ma announced the results of the competitively bid sale of $1.2 billion of General Obligation (GO) bonds. Separate bids were accepted for $150 million of new money federally taxable GO bonds and $299 million of federally taxable GO refunding bonds (Bid Group A), $388 million of …continue reading

featured graphic for California State Treasurer Fiona Ma

Workers throughout California have saved over $100 million for retirement through the CalSavers Retirement Savings Program. With 400,000 enrollments including more than 170,000 accounts already funded, the early growth is a positive sign for improving retirement security as the program continues to roll out to employers of all sizes. “While …continue reading

featured graphic for California State Treasurer Fiona Ma

California State Treasurer Fiona Ma and Chair, California School Finance Authority (CSFA), announced the successful completion of a $68.31 million College Housing Revenue Bond sale through the CSFA to finance first-ever student housing on the campus of Santa Rosa Junior College (SRJC). The Bonds priced on Thursday, July 15, 2021, …continue reading

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State Treasurer Fiona Ma announced the July 8th sale of $1.888 billion of systemwide revenue bonds for the Trustees of the California State University (CSU) to provide funding for various capital improvements and refund previously issued debt. The bond sale consisted of three series: $124.2 million Series 2021A tax-exempt bonds, …continue reading

featured graphic for California State Treasurer Fiona Ma

State Treasurer Fiona Ma reminds employers with more than 50 employees of the upcoming June 30, 2021 registration deadline for the CalSavers Retirement Savings Program, the State’s new program for workers in the private sector that lack access to a workplace retirement plan. The reminder comes as the groundbreaking program …continue reading

featured graphic for California State Treasurer Fiona Ma during COVID-19

State Treasurer Fiona Ma reminded employers with more than 50 employees of the upcoming June 30, 2021 registration deadline for the CalSavers Retirement Savings Program, the State’s new program for workers in the private sector that lack access to a workplace retirement plan. The reminder comes as the pioneering program …continue reading