(Sacramento) Legislation from Assemblymember Marty Block (78th Assembly District, San Diego) has cleared the Assembly Committee on Revenue and Taxation, completing the first step toward fulfilling a promise to stop California corporations from stashing millions of dollars in the Cayman Islands and other tax havens. Committee approval of AB 1178 means California is closer to recapturing more than $330 million in state revenues from tax-evading corporations. AB 1178 would put those recovered state dollars to work reducing the costs of textbooks for Californias college and university students. Heres more in this Assembly Web Report.