The Los Angeles Times reported that California State Senator Hannah-Beth Jackson ’71 is sponsoring a bill, SB 956, to assess tax expenditures—commonly known as “loopholes”—that are costly to the state treasury. If passed, the bill would authorize an economic research team to examine tax credits, exemptions, and exclusions to determine whether the expenditures are beneficial to the state. “We’re needing money,” Jackson told the Times. “We’re looking at $10 billion to $18 billion being cut from education. We’ve also got these wildfires. They’re not going away just because there’s a pandemic.”