The coverage of QAF has been continuous. By that I mean it has covered the time from October 2009 to present. The current legislation is through December 31, 2013 but there is a new one that will cover the period from January 1, 2014 though December 31, 2015. The QAF generates additional revenue for the state of California as it allows them to get additional revenue from the US government. It is an urgent bill for the senate and the last unofficial vote was unanimously for the bill. IMO, it is highly likely that the new bill will pass.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.