Bill Ensures No California Tax Penalties on Loans Taken from Employer-Sponsored Qualified Retirement Plans During COVID Pandemic Governor Newsom’s signature on Assembly Bill 276 (Friedman), a bill eliminating a potential tax trap for Californians needing to borrow from their employer-sponsored retirement plan during the COVID-19 pandemic, was heralded by the Entertainment … [Read more...] about Entertainment Union Coalition Joins With Governor Newsom, Assemblywoman Friedman And California Legislature To Enact AB 276