Congratulations to Board of Equalization Members Michelle Steele, George Runner, and the entire board and staff for ending its long standing policy of holding a business's security deposit in ransom rather then allowing businesses the access to the capital they could use to help start up their companies.
Given the horrible business climate in California, this new policy is a breath of fresh air for businesses all over the state.
Almost 3.5 million dollars was returned to Orange County business owners alone.
Read more here.
By Carolyn Cavecche, President & CEO of Orange County Taxpayers Association