News Release
For Immediate Release
January 10, 2022
NR 22-01
Contact: Regina Evans

Statement of Board of Equalization Chair Malia M. Cohen on the Governor's Budget

Sacramento – California State Board of Equalization Chair Malia M. Cohen issued the following statement about Governor Gavin Newsom’s proposed fiscal year 2022-23 state budget released today:

“Governor Newsom's California Blueprint represents a strong and equitable approach to rebuilding California during this unprecedented pandemic. I commend Governor Newsom for creating a strategy that prioritizes action on the rising costs of healthcare, climate change, the homelessness crisis, equity, and public safety. California continues to make historic investments in our most vulnerable communities. This budget reflects a bold plan to confront California's challenges, uplift all of our communities, and bolster our economy through short-term relief and long-term solutions that benefit all Californians.”

State Board of Equalization Chair Malia M. Cohen represents nearly 10 million constituents residing in 23 counties in Northern and Central California, extending from Del Norte County in the north to Santa Barbara County in the south. Board Chair Cohen is the youngest Constitutional Officer serving in California.

The Board of Equalization is California's statewide elected tax board. Its five members include four members elected in districts, and the State Controller. Under its constitutional mandate, the BOE oversees the assessment practices of the state's 58 county assessors, who are charged with establishing values for approximately 13.6 million assessments each year. In addition, the BOE assesses the property of regulated railroads and specific public utilities, and is responsible for the alcoholic beverage tax and tax on insurers.

Note: This news release may discuss complex tax laws and concepts. It may not address every situation and is not considered written advice. Changes in law or regulations may have occurred since the time this news release was written. If there is a conflict between the text of this news release and the law, decisions will be based upon the law and not this news release.