Vote for Business on Nov. 4

As the voice of business for the Los Angeles region, the L.A. Area Chamber has worked to create a favorable business environment since 1888. The Nov. 4, 2008 ballot contains critical initiatives that will impact the well being of L.A. business and the economy for years to come. View the Chamber's official voting guide.


Each week up to the election, the Chamber will provide indepth information on select propositions in the Chamber's weekly email newsletter, L.A. Business This Week, and below: 

LOCAL ISSUES

     ISSUE   CHAMBER POSITION

  Measure B: Update of Low Rent Housing Authorization
The Chamber supports Measure B, which would consolidate five previously approved ballot propositions into a single low-income housing authorization to build up to 52,000 units. By reconfiguring these authorizations into one measure, the city expects to eliminate obstacles to access state and federal funding for affordable housing developments. There is no additional cost to taxpayers.

Background:
Between 1973 and 1980, Angelenos voted in favor of five propositions that authorized a total of 52,000 units of housing for low income residents. These allowed for up to 3,500 units each within the 15 City Council districts. The city deems these propositions outdated and inefficient for future low-income housing development.
   SUPPORT
         
    Measure R: Traffic Relief. Rail Extensions. Reduce Foreign Oil Dependence
The Chamber supports the Metropolitan Transportation Authority’s half-cent sales tax increase, which will raise $40 billion over the next 30 years to fund much-needed mass transit, highway improvements and traffic light synchronization throughout the county.

Background:
The Chamber is hesitant to support a tax increase but traffic congestion will paralyze Los Angeles if our region doesn’t invest in improving our transportation infrastructure. The money would provide funding for local jurisdictions to synchronize traffic signals and repair potholes; build new mass transit subway and light rail lines; freeway improvements on numerous routes; provide reduced fares for seniors/students/the disabled and expand Metrolink service. The plan includes oversight measures including an independent oversight committee.
  SUPPORT
         







































STATEWIDE PROPOSITIONS

    ISSUE   CHAMBER POSITION
 

Proposition 7: The Solar and Clean Energy Act
Major environmental groups, labor unions and business organizations are all opposed to Prop. 7. This deeply flawed measure will increase electricity rates, threaten with rolling black-outs and hurt the cause of renewable energy development for years to come. While Prop. 7's title may sound good, it cuts out California's small producers, who generate most of the state's clean energy now.

  OPPOSE 
         
  Proposition 10: Alternative Fuel Vehicles and Renewable Energy
Prop. 10 would leverage a $5 billion bond to provide cash incentives, research and development capital and educational grants for alternative fuel vehicles and renewable electricity technologies. This proposition places a huge financial burden on the state, costing taxpayers close to $10 billion after interest, with no guarantee that the newly funded vehicles and our tax money would stay in California.
 

OPPOSE 

 



Last updated: 10/17/08