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Assembly Bill 91 (AB 91) - Loophole Closure and Small Business and Working Families Tax Relief Act of 2019 follows the Tax Cuts and Jobs

Assembly Bill 91 (AB 91) - Loophole Closure and Small Business and Working Families Tax Relief Act of 2019 follows the Tax Cuts and Jobs Act (TCJA) in increasing the average annual gross receipts threshold from $10 million to what amount for resellers and for producers to be exempt from UNICAP provisions?

A. $10 million

B. $15 million

C. $25 million

D. $30 million

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