Economy

USMCA Passes Senate, Awaits President Trump’s Signature

The U.S.-Mexico-Canada Agreement (USMCA) passed the U.S. Senate this morning and the deal is now awaiting President Donald J. Trump’s signature. California Senator Dianne Feinstein...

California Economy Remains Strong; Finance Director Outlines Investment Objectives in Governor’s Budget

California is now into the 11th year of the U.S. economic recovery and all of the state’s economic vitals continue to be strong, state...

CalChamber Renews Fight Against Five Job Killer Bills

Legislators Moving Forward with Previously Stalled Proposals The California Chamber of Commerce today announced it is continuing the battle against five job killer bills that...

CalChamber Renews Fight Against Five Job Killer Bills

Legislators Moving Forward with Previously Stalled Proposals The California Chamber of Commerce today announced it is continuing the battle against five job killer bills that...

U.S., State Economies Show Steady Growth; Political Rhetoric Disconnected from Reality

The Great Un-Recession When we look back at 2019 there will be plenty of negative memories—from the theatrics that have dominated national politics to the...
Ballot

CalChamber Board Votes to Support School Infrastructure Bond, Oppose Split Roll Ballot Measure

The California Chamber of Commerce Board of Directors recently voted to support a ballot measure that would help finance school facilities, and oppose another...
Ballot

CalChamber Board Votes to Support School Infrastructure Bond, Oppose Split Roll Ballot Measure

The California Chamber of Commerce Board of Directors recently voted to support a ballot measure that would help finance school facilities, and oppose another...

Tourism Sector Up: Visitors Spend Record $140 Billion on Travel in California

For the ninth year in a row, California's travel and tourism economy surged, adding $79 billion to the state's gross domestic product (GDP). Visit California's...
Job Creators

Governor Signs Job Creator Bill Helping Disaster Victims

Governor Gavin Newsom signed a California Chamber of Commerce-supported job creator bill earlier this month that will help California businesses rebuild after disasters. SB 601...

Concerned About Affordability, Voters Oppose New Taxes

Voters are anxious about the cost of living in California. One of the not-so-surprising consequences of this anxiety: they are reluctant to embrace new...

New CalChamber Survey: Homelessness, Public Safety Top Concerns for California Voters

California voters are anxious. Reports of steady growth and low unemployment cheer political leaders, but voters are disturbed by decaying public order and an unaffordable...
California State Capitol Dome

Summary of CalChamber Priority Bills Still Awaiting Action by Governor

Twenty-four California Chamber of Commerce-opposed bills, including one job killer bill, are currently on the Governor’s desk awaiting action. CalChamber job killer bill SB 1...

Poll Shows Dropping Support for Split Roll, Largest Tax Hike in History

Backers of an initiative for the 2020 ballot to increase business property taxes have changed their measure twice since introducing it in 2017. The...

California Has One of Worst Lawsuit Climates in Country, Business Survey Shows

California has one of the worst lawsuit climates in the country, affecting companies’ decisions on whether to do business in the state, according to...

California Economy Continues Growing; Some Declines Due to Ongoing Trade Wars

Fact Versus Fiction While still savoring the fact that the U.S. economy is in the midst of a record-breaking expansion, attention has suddenly shifted to...

CalChamber, Coalition Raise Concerns Over Efforts to Impose a Sales Tax on Services

A broad coalition that includes the California Chamber of Commerce, small businesses, and taxpayers yesterday announced the formation of the California Tax and Budget...

Multiple Entities Could Gain Power to Increase Property Taxes with Just 55% Vote of...

Hundreds of local special districts could gain the ability to increase property taxes with just a 55% majority vote if a proposed constitutional amendment...

Effort to Make Property Tax Increases Easier to Pass Falls Short in Assembly

A proposed constitutional amendment to make it easier for local governments to increase property taxes failed to secure enough votes to pass the Assembly...
Loren Kaye

Five Questions for Split Roll Proponents

Proponents of an $11 billion statewide property tax increase re-filed their ballot initiative this week, claiming “notable improvements to implementation dates, expansive new small business tax relief, clarified...

August 27 Hearing Will Allow Taxpayers to Voice Concerns

An annual hearing to allow taxpayers to present their ideas and concerns on property taxes or the alcoholic beverage tax is set for August...