State Job Growth Outpaces Nation; Inland Lags Behind Tech-Driven Coastal Areas
The state’s economic recovery has been extremely uneven, with the strongest growth coming along the coast, particularly in areas benefiting from the state’s leading...
Fed Raises Its Key Interest Rate From Record Low Near Zero
The Fed coupled its first rate hike in nine years with a signal that further increases will likely be made slowly as the economy...
CalChamber Board Votes to Oppose New Property Tax Initiative
Contact: Denise Davis
SACRAMENTO, CA — The California Chamber of Commerce today announced that its Board of Directors has voted to oppose the Property Tax...
CalChamber Board Votes to Oppose New Property Tax Initiative
The California Chamber of Commerce today announced that its Board of Directors has voted to oppose the Property Tax Surcharge to Fund Poverty Reduction...
California Launches Campaign to Educate Individuals About State Earned Income Tax Credit
A coalition of California leaders—including community, faith, civic, labor and business leaders—yesterday launched CalEITC4me, a statewide campaign to ensure the first-ever California Earned Income...
8 CalChamber Members Creating Jobs with Help from California Competes Tax Credit
Eight California Chamber of Commerce member companies have been selected by the Governor’s Office of Business and Economic Development (GO-Biz) as recipients for the...
CalChamber Steers Helpful Bills into Law, Stops Costly Mandates, Secures Changes
The 2015 legislative year was very active in the labor and employment policy arena. Overall, the California Chamber of Commerce was very successful with...
Fiscal Concerns Lead to Vetoes for Final Job Creator Bills
The Governor’s continued attention to fiscal prudence led to vetoes of two job creator bills that contained tax credits and a third job creator...
Governor Signs Job Creator Bill
A California Chamber of Commerce-supported job creator bill that provides employers with a limited opportunity to cure technical violations in an itemized wage statement...
Economic Advisory Council: Despite Drought, Challenges, California Continues Strong Economic Growth
Despite an ongoing drought and economic hurdles, California continues to enjoy strong overall economic growth, according to a recent report by the California Chamber...
CalChamber Board Votes to Oppose No Blank Checks Initiative
Contact: Denise Davis
SACRAMENTO, CA — The California Chamber of Commerce today announced that its Board of Directors has voted to oppose the “No Blank...
Senate Judiciary Committee to Hear Job Killer Bill Today
A job killer bill that could significantly drive up litigation costs for all California employers, if enacted, will be considered by the Senate Judiciary...
California Newspapers, Associations Oppose Job Killer Undermining Prop. 13
Two California newspapers editorialized over the weekend opposing SCA 5, a job killer bill that seeks to undermine the protections of Proposition 13 by...
Capitol Report: Job Killer Undermines Prop. 13 Protections, Would Raise Costs for Small Businesses...
https://youtu.be/3xzCwH4nLwI
A recently amended job killer, SCA 5 (Hancock; D-Berkeley)/Mitchell; D-Los Angeles), now seeks to undermine the protections of Proposition 13 by unfairly targeting commercial...
Economic Advisory Council: California Economy Maintains Momentum as Ports Bounce Back, Tax Revenues Surge
California’s economy appears to be maintaining strong momentum through the first few months of 2015, even though the state’s economy continues to be impacted...
Senate Passes Two ‘Job Killer’ Bills; May Increase Fuel Costs, Regulatory Burdens
The Senate yesterday passed two California Chamber of Commerce-opposed job killer bills that, if signed into law, may increase costs for California businesses and...
Air Board Asks Courts to Create New Tax
In a landmark case before the Third District Court of Appeal, the California Air Resources Board (ARB) recently argued for creation of an unprecedented...
Governor Holds Steady on Prudent Spending Plan
Warning that a recession is inevitable, Governor Edmund G. Brown Jr. dampened spending expectations even as higher revenues have poured into state coffers.
Overall, the...
Two CalChamber Job Creator Bills in Policy Committee Monday
Two California Chamber of Commerce-supported job creator bills will be heard in the Assembly Revenue and Taxation Committee today.
AB 35 (Chiu; D-San Francisco)...
Job Killer Watch: CalChamber Identifies 19th Job Killer Bill
Contact: Denise Davis
SACRAMENTO, CA — The California Chamber of Commerce today added AB 1357 (Bloom; D-Santa Monica) to its job killer list, bringing the...