Economy

Senate Panel Approves Republican Tax Plan

Hours after the House Republicans passed a tax bill Thursday, the Senate Finance Committee approved their tax bill, pushing it closer to a full...

GOP Lawmakers Release U.S. Tax Code Revamp

Republicans in the U.S. House of Representatives this week released their plan for rewriting the federal tax code. Depending on one’s business or personal situation,...

Governor Preserves Evidentiary Standards for Elder Abuse

Governor Edmund G. Brown Jr yesterday vetoed a California Chamber of Commerce-opposed bill that would have made it easier for plaintiff’s attorneys to attempt...

Expanded Tax Credit Program Spawns More In-State Film, TV Projects

A 2014 California Chamber of Commerce job creator bill is being credited with encouraging some film and television productions to remain in or return...

California’s Lawsuit Climate Rank Ties All-Time Low

For the third time since 2012, California’s lawsuit climate ranked No. 47 out of 50 in the national survey by the U.S. Chamber Institute...

Trade Report: California Exports Slip, Ever So Slightly

California’s export trade declined modestly in the latest numbers, according to a recent Beacon Economics analysis of U.S. trade statistics released September 6 by...

CalChamber-Backed Bills to Ease Housing Crisis Go to Governor

Several bills supported by the California Chamber of Commerce to encourage local governments to approve new housing projects passed the Legislature on the last...

State Economic Growth Slows; Constraints Include Labor, Housing, Uncertainty

California at Cruise Speed Like the U.S., California’s economy continued to roll forward in the first part of 2017. The unemployment rate edged down, nonfarm...

Fiscal Committees to Consider Three Job Killers Today

Three bills identified by the California Chamber of Commerce as job killers will be considered today by fiscal committees in the Senate or Assembly....

California Supreme Court Decision May Threaten Local Taxpayer Protections

A California Supreme Court decision makes it easier to raise some local taxes. But how much easier remains to be seen. For two decades, local...

Job Killer Creates More Litigation at Expense of Job Creation

A California Chamber of Commerce-opposed job killer bill that provides the perfect pleading pathway for class action attorneys to avoid arbitration awaits action by...

Costly County Contractor Process Opposed by CalChamber, Coalition

A California Chamber of Commerce-opposed bill that imposes a cost to contractors with county contracts and subjects contractor and subcontractor employees’ private information to...

Legislature Returns from Summer Recess to Consider Job Killer Bills

The California State Assembly and Senate return today from their month-long summer recess and will consider the remaining job killer bills over the next...

Housing Crisis at Top of Legislative Agenda

California’s housing crisis is a big focus of attention at the State Capitol as studies highlight two elements of the crisis that are inextricably...

Private Attorneys Target California Businesses for Public Nuisance Claims

Government entities’ use of contingency fee arrangements with private attorneys to pursue public nuisance claims against companies has been a growing concern for California...

Job Killer Update: Four Bills Active Following Policy Committee Deadline

As of July 21, the deadline for bills to pass policy committees and move to fiscal committees, three Senate job killer bills and one...

Cap-and-Trade Deal Also Cut Taxes

As part of a comprehensive, bipartisan solution implementing the state’s ambitious climate change goals, the legislation that extended the cap-and-trade program also included several...

Future of Cap and Trade Requires 2/3 Vote Approval

The California Supreme Court recently declined to review the 2-1 split decision by the Appellate Court, which ruled that California’s current cap-and-trade auction is not a tax requiring...

Assembly Policy Committee Passes Bill Enhancing Labor Commissioner Authority

A California Chamber of Commerce-opposed bill that allows the Labor Commissioner to seek injunctive relief before completing an investigation and determining retaliation has occurred...

Nine CalChamber Members Creating Jobs with Help from Tax Credit

Nine California Chamber of Commerce member companies have been selected by the Governor’s Office of Business and Economic Development (GO-Biz) as recipients of the...