City Council’s I-710 Oversight Committee To Meet January 30
The Long Beach City Council’s I-710 Oversight Committee is meeting at 3 p.m. on January 30 at city council chambers to receive an update and select the locally preferred alternative for the project. To see the alternatives, click here. The committee, which is chaired by Councilman Roberto Uranga and includes Councilmen Rex Richardson and Al Austin, will also receive an update on the Shoemaker Bridge Project.
Business Federation ‘Troubled’ By Gov. Brown’s State of The State
John Kabateck, the California state director of the National Federation of Independent Business, expressed displeasure with the omission of small businesses from Governor Brown’s State of the State address. Kabateck said, “With California being ranked the worst state in which to do business more than 10 years in a row, home to the nation’s highest income tax, sales tax, gas tax, and one of the most hostile legal climates, NFIB/CA was troubled to hear more about high-speed rail and the Governor’s commitment to do ‘everything in his power’ to protect the recent gas tax increase, while failing to mention small business even once in his speech.”
CalChamber Opposes Two Proposed Assembly Bills
Today, the California Chamber of Commerce requested a call to action against California Assembly Bills 889 and 319. According to the chamber, AB 889 would force businesses to disclose trade secrets during civil litigation, while AB 319 increases the cost of beverages via “impractical” beverage container requirements.
U.S. 2017 Gross Domestic Product Growth Estimates Released
The United States Bureau of Economic Analysis issued a release today stating the real gross domestic product (GDP) increased at an annual rate of 2.6% in the fourth quarter of 2017, based on early estimates. Click here for details.
Homeowners May Apply For A $7,000 Tax Exemption
Los Angeles County Assessor Jeffrey Prang is encouraging homeowners to apply for a tax exemption of $7,000 from their property’s assessed value. New homeowners will automatically receive a property tax exemption. More detailed instructions are included in the claim form. Click here to view the claim form.
State Of The California State University System
Chancellor Timothy White is giving the annual State of the California State University address next Tuesday, January 30, during a meeting of the CSU Board of Trustees. 10 a.m., 401 Golden Shore.