• About Us
  • Home
Sunday, May 28, 2023
No Result
View All Result
NEWSLETTER
WiredNewsEngine
  • Home
  • Press Release
  • Entertainment
  • Health
  • Legal
  • Business
  • Featured
  • Current
  • Home
  • Press Release
  • Entertainment
  • Health
  • Legal
  • Business
  • Featured
  • Current
No Result
View All Result
WiredNewsEngine
No Result
View All Result
Home Legal

Government Law Alert: Small business owner sues California over I.O.U.’s!

by WebMaster
August 4, 2009
in Legal, Press Release
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Legal news for California government lawyers. Business owner says California government issued i.o.u.’s are violating state and federal regulations.

California government law lawyers- Small business owner sues the California Government in the San Francisco Federal District Court over i.o.u.’s.

San Francisco, CA—A California small business owner filed a lawsuit against California’s controller and treasurer stating they have violated state and federal laws when they issues thousands of i.o.u.’s as temporary payment. The lawsuit, which is seeking class action status, was filed in the Federal District Court in San Francisco on Wednesday, July 29, 2009, as reported by The New York Times.

The plaintiff, Nancy Baird stated if she did not receive payment from her California issued i.o.u., which totaled $27,752.16, she would have to shut her doors to her embroidery and printing business. Baird’s i.o.u. was issued for polo shirts and uniforms her company supplied for a state-run youth camp. The lawsuit is requesting California to stop issuing i.o.u.’s, or registered warrants, and issue payment to all the i.o.u.’s already dispersed. Officials with the State Treasurer stated their actions in dispersing and redeeming the i.o.u.’s is lawful under all “legal and constitutional requirements.” California has dispersed nearly 222,000 i.o.u.’s which totaled an upwards of $1.1 million.

The Franchise Tax Board and the Board of Equalization, which collects numerous types of taxes, has stated they will accept the i.o.u.’s as payment for taxes. They also stated if the amount i.o.u. is larger then tax owed to the state, taxpayers will have to wait to receive the difference. There is a waiting period of 4-6 weeks for refunds of $50,000 or less, and refunds over $50,00 will take up to 120 days to receive payment.

Legal News Reporter: Nicole Howley-Legal news for California government lawyers.

WebMaster

WebMaster

Next Post

Dream, Explore, Learn, Soar

Popular News

  • Silencil Reviews – Does It Silence Tinnitus for Real?

    0 shares
    Share 0 Tweet 0
  • Clinitron Bed Management For Flap Patients Is The Standard Of Care

    0 shares
    Share 0 Tweet 0
  • How Substance Abuse Causes Risky Behavior

    0 shares
    Share 0 Tweet 0
  • Organic Green CBD Review: Is OrganicGreen Hemp CBD Oil Safe?

    0 shares
    Share 0 Tweet 0
  • Ceremony CBD Oil Reviews: Trustworthy Hemp CBD Liquid Drops?

    0 shares
    Share 0 Tweet 0

Rehabs Near Me Launches New Rehab Services in the US

February 25, 2021

Ginger-Powered Recoup Beverage: A Founder’s Unlikely Story of Survival and Success

February 13, 2021

What is Unix: The Base of All Operating Systems?

February 2, 2021

Categories

  • Banking
  • Bollywood
  • Brand Partner Content
  • Business
  • Cancer
  • Current
  • Entertainment
  • Featured
  • Finance
  • Health
  • Hollywood
  • Legal
  • Press Release
  • Technology
  • World News
  • Home
  • Press Release
  • Entertainment
  • Health
  • Legal
  • Business
  • Featured
  • Current

No Result
View All Result
  • About Us
  • Home