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Underfunding of Unemployment Insurance Fund Debt Guarantees $23 Billion Tax Increase on All Businesses
FOR IMMEDIATE RELEASE May 14, 2021 SACRAMENTO—As part of the governor’s $267.8 billion record-breaking state budget, the governor today announced he is proposing just $1.1 billion to address the state’s $24 billion Unemployment Insurance (UI) Fund debt. “We recognize and appreciate the governor’s investments in supporting economic recovery for California businesses. However, nothing shows the
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Business Roundtable Calls on Governor and Legislature to Prioritize Unemployment Insurance Fund Debt in Economic Recovery Efforts
May 10, 2021 SACRAMENTO—Today, the U.S. Treasury released its guidance on how states can use their share of the State and Local Fiscal Recovery Funds, which were part of the American Rescue Plan passed by Congress earlier this year. Under the guidance provided today, states can use their portion of the more than $350 billion
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California Business Roundtable Supports Governor’s Signing of PPP Loan Conformity Bill
FOR IMMEDIATE RELEASE April 29, 2021 SACRAMENTO—Rob Lapsley, president of the California Business Roundtable, issued the following statement in response to the governor signing AB 80 (Burke), which will provide federal tax conformity for PPP loans: “AB 80 is an important part of the state’s economic recovery, especially for small business owners. We support the
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Statewide Business Community Launches PSA To Encourage Vaccinations
STATEWIDE BUSINESS COMMUNITY LAUNCHES PSA TO ENCOURAGE VACCINATIONS “Do It For” PSA launches as state expands vaccine eligibility to all residents 16 and older SACRAMENTO, Calif. – The unified California business community today released a new public service announcement (PSA), “Do It For,” which will air statewide on TV, radio and social media, reaching millions
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California Business Roundtable Supports Governor Newsom’s Move to Fully Reopen the Economy
FOR IMMEDIATE RELEASE April 6, 2021 SACRAMENTO—Rob Lapsley, president of the California Business Roundtable, issued the following statement today in response to the announcement by Governor Gavin Newsom that there will be a full reopening of the economy on June 15, 2021 should vaccine and COVID case-rate trends continue: “For more than a year,
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California Business Roundtable Responds to Wealth Tax Proposal by California Legislature
California Business Roundtable President Rob Lapsley issued the following statement today in response to the Legislature’s introduction of yet another tax increase proposal, despite the state’s revenue projections.
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PRESS RELEASE: UNIFIED CALIFORNIA BUSINESS COMMUNITY URGES GOVERNOR NEWSOM, STATE AND LOCAL LEADERS TO REOPEN PUBLIC SCHOOLS IMMEDIATELY
School closures are hurting current and future workforce; parents should have choice to send children back to school safely, regardless of socio-economic status SACRAMENTO, CA – Today, business organizations from across California delivered a unified message to urge state and local leaders to work with Governor Gavin Newsom to follow the science and the lessons
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Broad Coalition Asks Congress to Provide Liability Relief In Next Stimulus Package
FOR IMMEDIATE RELEASE July 20, 2020 *** PRESS RELEASE *** Broad Coalition Asks Congress to Provide Liability Relief In Next Stimulus Package SACRAMENTO—A broad-based coalition of statewide, regional and local business groups are calling on Congress to include comprehensive liability relief in the next round of COVID-19 relief legislation. “As California and the rest
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CBRT Asks State Leaders To Investigate Rebate Wall Practice
Click here to download a copy of the letter. December 17, 2019 The Honorable Jim Wood, DDS Assemblymember, 2nd District State Capitol P.O. Box 942849 Sacramento, CA 94249-0002 Dear Assemblymember Wood, Innovation is the driver of the California economy. From high-tech to bio-tech, our state is making the investments in technological and medical advancements
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CBRT Issues Statement in Response to Proponents of Yet Another Deeply Flawed Rent Control Measure Turning In Signatures
FOR IMMEDIATE RELEASE December 5, 2019 SACRAMENTO—Rob Lapsley, president of the California Business Roundtable, issued the following statement in response to proponents of a deeply flawed statewide rent control initiative turning in signatures to qualify for the November 2020 ballot: “One of the greatest accomplishments of the Legislature and governor this year was the passage