Assembly Speaker John Perez, D-Los Angeles, right, confers with Assemblyman Roger Hernandez, D-West Covina, as the Assembly debated Perez's measure to close a corporate tax loophole and used the money... more 
Assembly Speaker John Perez, D-Los Angeles, right, confers with Assemblyman Roger Hernandez, D-West Covina, as the Assembly debated Perez's measure to close a corporate tax loophole and used the money for college scholarships, at the Capitol in Sacramento, Calif., Monday, Aug. 13, 2012. The measure, AB1500, eliminates a $1 billion tax break for out-of-state corporations and uses the money for college scholarships for families earning between $80,000-$100,000, was approved 54-25 and sent to the Senate. (AP Photo/Rich Pedroncelli) less 
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Associated Press | Photo By Rich Pedroncelli
Wed, Aug 15, 2012 12:16 PM EDT