Economy

Signed Budget Package Raises Taxes, Awaits Action by Congress

Governor Gavin Newsom signed 20 bills on Monday that established and implemented the 2020–21 state budget. Even after enacting hundreds of pages of new...

New Job Killer Bill Would Devastate Small Employers in California

A bill requiring that all employers provide 12 weeks of protected family leave and includes a private right of action has been labeled a...

CalChamber Adds SB 1383 (Jackson) to Job Killer List

Proposal Will Devastate Small Business in California The California Chamber of Commerce today announced that SB 1383 (Jackson; D-Santa Barbara) has been identified as a...

Tourism Industry Preparing Itself for Recovery

The COVID-19 crisis has snuffed out 10 years of economic growth in California’s travel and tourism industry. The fallout from this crisis is not...

Key to Re-Opening Economy – Liability Protection

As businesses throughout the state start to re-open, there is a looming question as to whether it is safe. Consumers want to resume a...

Post-COVID-19 Economy: Case for the ‘V’

Overview: Is Hysteria the New Normal? The good news is that the number of new, confirmed cases of the coronavirus in the United States has,...

Too Soon for Taxes in State Budget

Despite facing a June 15 deadline to pass a state budget, Governor Gavin Newsom and legislative leaders are, prudently, deferring a number of major...

CalChamber Board of Directors Votes to Support The Protect App-Based Drivers and Services Act...

The California Chamber of Commerce today announced that it is in support of The Protect App-Based Drivers and Services Act Initiative following a vote...

Job Killer Bills Dramatically Increase Workers’ Compensation Costs

Two California Chamber of Commerce-opposed job killer bills that will substantially increase workers' compensation costs by establishing a "conclusive presumption" of workplace injury for...

Job Killer Bill Allowing Local Government to Adopt Stricter Labor Standards to Be Heard...

A job killer bill that would result in chaotic and inconsistent enforcement of wage and hour laws by local jurisdictions by authorizing them to...

Job Killer Bill Will Limit Lending Opportunities for Californians

A bill that will limit the financial opportunities for Californians, further harming the housing market and creating job loss is advancing in the Assembly. AB...

CalChamber Urges Immediate Action to Foster Economic Recovery

Letter Sent to Governor and Legislative Leadership Provides Specific Steps to Speed Recovery from COVID-19 Crisis The California Chamber of Commerce sent a letter to...

CalChamber Offers Recommendations to Fire Up California’s Economic Recovery

Setting liability limits for employers facing lawsuits over COVID-19 exposure, postponing the 2021 minimum wage hike, and expediting retraining programs for unemployed workers are...

Job Killer Bills Impose New Leave Mandates; Raise Costs, Burdens on Employers

Job killing legislation that will threaten small employers with costly litigation, increased financial burdens, and new or extended leaves of absence is advancing in...

Job Killer Update: AB 2501 Added to List, 1 Bill Stalled, 1 Bill Removed

A job killer bill that will significantly restrict Californians’ ability to access home and auto loans by placing onerous burdens on lenders, which will...

Job Killer Update: AB 2501 Added to List, 1 Bill Stalled, 1 Bill Removed

The California Chamber of Commerce today added AB 2501 (Limón; D-Santa Barbara) to its Job Killer list. The bill requires lenders to maintain home and...

More Important Than Ever: Maintaining and Improving Free Trade, Investment

The world has quickly changed over the last few months and during these strange and uncertain times, the importance of international trade has been...

Governor Lays Out Plan for Solving Record State Budget Deficit

Governor Gavin Newsom has proposed solving a record budget deficit by tapping reserves, borrowing money from special funds, deferring spending and raising some targeted...

CalChamber Releases 2020 Job Killer List

The California Chamber of Commerce released its annual job killer list yesterday, which includes 10 bills that threaten California’s economic recovery and would hurt...

CalChamber Releases 2020 Job Killer List

The California Chamber of Commerce today released its annual job killer list, which includes 10 bills that threaten California’s economic recovery and would hurt...