at the Chamber
all upcoming events on our Web calendar.
THU | Nov. 6
The Connection Point: Mixing Meals and Marketing
THU | Nov. 6
Business Growth & Tax Policy Committee Meeting
THU | Nov. 6
Small Business Council Summit
Staying Open for Business
FRI | Nov. 7
Construction Industry Awards
TUE | Nov. 11
Grow Your Business
WED | Nov. 12
Aviation Committee Meeting
Featuring Los Angeles World Airports Executive Director Gina Marie Lindsay
WED | Nov. 12
Business After-Hours Mixer
At the Staples Center with the Los Angeles Clippers
FRI | Nov. 14
Health Care Committee Meeting
Featuring State Assemblymember Ed Hernandez
Los Angeles Area Chamber of Commerce is
the voice 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
S. Bixel St.
Los Angeles, CA 90017
The November 4, 2008 ballot contains critical initiatives that will impact the well being of L.A. business and the economy for years to come. The Chamber has taken positions on a number of the initiatives to provide the business perspective on the issues. Read our positions below and take our official voting guide to the polls on Tuesday. We hope you will join us in voting for a better L.A.
VOTE YES ON:
Proposition 11 - Voters FIRST Act
The most important initiative on this year’s ballot, Chamber-authored Prop. 11 is the first step in ending the partisan gridlock that has paralyzed our state government. Prop. 11 will end the inherent conflict of interest that empowers lawmakers to redraw their own district boundaries by creating a 14-member independent citizen commission to redraw district lines in a transparent and non-partisan process. Join the L.A. Area Chamber, the League of Women Voters of California, AARP, Common Cause of California and dozens of others in putting voters back in control and making politicians accountable by voting YES on Prop. 11.
Proposition 1A - Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century
This $10 billion bond to link Southern and Northern California via a high speed bullet train will create thousands of new construction jobs and lead to a 2.5 hour travel time between Los Angeles and San Francisco. Chamber supported public-private partnerships will also reduce taxpayer costs.
Proposition 3 - Children’s Hospital Bond Act
This bond authorizes a $980 million bond to fund the construction, expansion, remodeling, furnishing, and equipping of California’s 13 children’s hospitals. Investing in our hospital infrastructure is vital to the region’s health especially since nearly half of L.A. County’s trauma and emergency rooms have closed in the past two decades.
Proposition 12 - California Veterans Bond
This proposition authorizes a $900 million bond to help veterans purchase homes and farms through the low-interest CalVet loan program. It will also expand eligibility to those who served after 1977 including veterans of the Gulf War, Iraq and Afghanistan. CalVet participants pay for the bond through their mortgage and interest payments. This bond is revenue neutral to the state.
Measure B - City of Los Angeles Update of Low Rent Housing Authorization
This measure is required by law in order to consolidate five previously approved low income housing programs into one single program. The revenue neutral measure will eliminate obstacles to access state and federal funding.
Measure J - Los Angeles Community College District Classroom Repair, Public Safety, Nursing and Job Training Measure
This $3.5 billion bond will fund campus modernization projects at all nine L.A. community colleges serving 130,000 students. This well-written measure is essential to train students and retrain professionals for high demand occupations such as health care, construction and green jobs. There will be no annual net increase to property taxpayers.
Measure Q - Los Angeles Unified School District Safe, Healthy Neighborhood Schools Measure
This $7 billion dollar facilities bond will fund LAUSD school modernization projects and charter school construction. This bond will pay for long overdue deferred maintenance of existing LAUSD schools averaging 61 years of age and move thousands of students out of temporary classrooms.
Measure R - Los Angeles County Metropolitan Transportation Authority Traffic Relief. Rail Extensions. Reduce Foreign Oil Dependence.
This half-cent sales tax increase for Los Angeles County will raise $40 billion over the next 30 years to fund mass transit, highway improvements and traffic light synchronization throughout the county. Reducing traffic congestion will enhance the efficiency of every business and the quality of life for all of our residents.
VOTE NO ON:
Proposition 2 - California Prevention of Farm Animal Cruelty Act
This misleading proposition would ban nearly all modern egg production in California resulting in job losses and greater reliance on imported eggs. Costs will be passed along to consumers by up to an 80 percent increase in egg prices.
Proposition 7 - The Solar and Clean Energy Act of 2008
This poorly written initiative would require California utilities to procure half of their power from renewable resources by 2025. Prop. 7 is opposed by the California Republican and Democratic parties, prominent environmental groups, business and labor.Much like failed energy deregulation, this initiative will actually hurt renewable energy development in the state while significantly driving up energy costs for consumers.
Proposition 10 - California Renewable Energy and Clean Alternative Fuel Act
This initiative authorizes $5 billion in bonds to underwrite the purchase of alternative fuel vehicles. Financed by natural gas investor, T. Boone Pickens, this unwise use of taxpayer money will place increased financial burdens on the state while negatively impacting an overall strategy to support renewable energy.
And that's The Business Perspective.
Gary L. Toebben
President & CEO
Los Angeles Area Chamber of Commerce
The Business Perspective is a weekly opinion piece by Gary Toebben, President & CEO of the Los Angeles Area Chamber of Commerce, produced with the input of Samuel Garrison, Vice President of Public Policy.
Gary Toebben, President & CEO, Los Angeles Area Chamber of Commerce
View the latest issue of the Chamber's weekly e-mail newsletter.
Contact us to subscribe.