(August 27, 2013) Two “job killer” proposals to amend the California Constitution to make it easier for local governments to impose new local taxes will be considered by a Senate policy committee today.
The California Chamber of Commerce opposes SCA 4 (Liu; D-La Cañada Flintridge) andSCA 8 (Corbett; D-San Leandro), which lower the vote requirement for tax increases and will likely lead to taxes specifically targeting employers.
Both proposals add complexity and uncertainty to the current tax structure and pressure to increase taxes on commercial, industrial and residential property owners for local transportation projects by giving local government new authority to enact special taxes, including parcel taxes, by lowering the vote threshold from two-thirds to 55%.
For more information visit CalChamber’s website.
Source: Fullerton Chamber of Commerce