LOS ANGELES, CA – Yesterday, as people throughout California continued to struggle to find work, two bills went before State legislative committees that would have created jobs and helped California’s economy get back on course. However, instead of focusing on job creation and the economy, California legislators failed to take any action.
“At a time when the unemployment rate is more than 12 percent, the L.A. Area Chamber urges these committees to do what is right and prioritize legislation that will help put Californians back to work,” said L.A. Area Chamber President & CEO Gary Toebben.
Yesterday, the Senate Revenue and Taxation Committee heard but failed to act on SBx6 4 by Senator Roy Ashburn (R-Bakersfield) and Senator Ron Calderon (D-Montebello), legislation that would extend and expand the hugely successfully homebuyer tax credit for Californians by $200 million. This measure has bipartisan co-authors, support from industry and labor, and would create much needed construction jobs and get people buying homes and investing in California communities again.
In addition, the Senate Environmental Quality Committee heard but failed to act on SBx8 42 by Senator Lou Correa (D-Santa Ana) and Senator Dave Cogdill (R-Modesto), which would have created jobs in the hard hit construction industry by protecting a select number of construction projects from frivolous lawsuits brought under the California Environmental Quality Act, without sacrificing environmental protections.
The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com.