News & Updates

  • Press Release: California Business Roundtable Opposes Los Angeles Region Property Tax Increase

    FOR IMMEDIATE RELEASE April 24, 2019 CONTACT: Brooke Armour 916.553.4093 (SACRAMENTO)—The California Business Roundtable has announced its opposition to Measure EE, the $500 million property tax on all homes, apartments and business properties within the boundaries of the Los Angeles Unified School District (LAUSD) that will appear on the June 4, 2019 special election ballot. “For

  • Press Release: CBRT President Responds to New Rent Control Ballot Initiative Filed Today

    FOR IMMEDIATE RELEASE April 19, 2019 CONTACT: Brooke Armour (916) 553-4093 (SACRAMENTO)—California Business Roundtable President Rob Lapsley issued the following statement today in response to the submission of a new rent control ballot initiative that, if qualified, would appear on the November 2020 ballot: “Voters in this state overwhelmingly defeated a rent control measure just

  • Press Release: California Business Roundtable Statement on Increased Funding for Homelessness Programs

    FOR IMMEDIATE RELEASE March 20, 2019 SACRAMENTO—California Business Roundtable President Rob Lapsley issued the following statement in response to Governor Gavin Newsom’s announcement today that he will support the request of the Big City Mayors to provide additional one-time funding to help address the state’s homelessness crisis: “The Business Roundtable strongly supported the Big 11

  • Press Release: CBRT President Issues Statement on Rental Housing Bill Package

    FOR IMMEDIATE RELEASE March 14, 2019 CONTACT: Brooke Armour 916.553.4093   (SACRAMENTO)- California Business Roundtable President Rob Lapsley issued the following statement today in response to a series of bills introduced in the California Legislature related to rental housing: “California voters decisively and overwhelmingly rejected Proposition 10 and statewide rent control last November. It is

  • ICYMI: San Francisco Chronicle: Will the Green New Deal work? Ask California

    By Robert C. Lapsley Rep. Alexandria Ocasio-Cortez, D-New York, and Sen. Ed Markey, D-Mass., have outlined their estimated $93 trillion plan for a Green New Deal. It aims to achieve net-zero greenhouse gas emissions in only a decade by transitioning to renewable energy sources. Despite its name, the Green New Deal isn’t much of a

  • Business Roundtable Statement in Response to Governor Newsom’s Budget Proposal

    January 10, 2019 SACRAMENTO—California Business Roundtable president Rob Lapsley issued the following statement in response to Governor Newsom’s budget proposal, which was released today: “We appreciate Governor Newsom’s vision and hard work in presenting his first budget that builds a three-year framework for his spending priorities. From an initial review, we support his many of

  • Broad-Based Coalition Ready to Fight Billion-Dollar Split-Roll Tax Increase Initiative in 2020

    Despite a $17 billion reserve, special interests seek an $11 billion property tax increase FOR IMMEDIATE RELEASE August 14, 2018 CONTACT: Brooke Armour (916) 553-4093 (SACRAMENTO)— A broad-based coalition of business and taxpayer advocates today announced they are already organizing to fight against the multi-billion-dollar split-roll property tax increase, which may appear on the November

  • CBRT Issues Statement on New Legislation to Impose a Seven Percent Surcharge on California Employers

    FOR IMMEDIATE RELEASE January 18, 2018 CONTACT: (916) 553-4093 (SACRAMENTO)— Rob Lapsley, president of the California Business Roundtable, issued the following statement in response to a proposed constitutional amendment by Assemblyman Kevin McCarty (D-Sacramento) and Assemblyman Phil Ting (D-San Francisco) to create a new $15 to $17 billion annual tax on California employers with more than $1

  • CBRT Commends Defeat of Attempt to Repeal Costa-Hawkins Legislation in California

    FOR IMMEDIATE RELEASE January 11, 2018 CONTACT: (916) 553-4093 (SACRAMENTO)— Rob Lapsley, president of the California Business Roundtable, issued the following statement in response to the defeat of AB 1506 (Bloom) in the Assembly Housing and Community Development Committee. The legislation would have repealed Costa-Hawkins in California: “Assemblymember Wood rightly argued AB 1506 (Bloom) could negatively impact

  • High spending locks in need for future California tax increases

    The Orange County Register  By Rob Lapsley Thanks to Silicon Valley and the stock market, California’s budget is on a record recovery. Last year, we passed the largest budget in our state’s history at $291 billion; a record destined to be broken next year. Since Fiscal Year 2009, state taxes, fees and other charges have

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