What’s business looking for in the remaining legislative session and what kind of deals are being discussed to get there?
A number of large business organizations have offered support for funding sources to be used for transportation infrastructure purposes on one hand, while on the other strongly opposed both general and specific tax measures such as a property tax increases on commercial property (SCA 5) and making it easier to raise local taxes (ACA 4).
Some in the business community probably hope that support for transportation revenue may be balanced with other tax measures and other bills meeting a dead end.
The focus on the minimum wage issue, so recently debated in cities and counties, will come back to the state capitol (SB 3) along with concerns for rising workers compensation costs. Capitol-centered business interests will argue a double whammy on the economy with minimum wage increases and rising workers comp costs. They will try to find a solution to workers comp increases while leaving the politics of minimum wage to the locals.
The saga of environmental regulations and the resulting costs heaped on businesses will continue to be played out, especially focused on fuel costs if petroleum reduction measure, SB 350, and increased greenhouse gas regulation (SB 32) become law.
The California Chamber of Commerce is monitoring its list of Job Killer bills as it does every year.
Let’s make it clear that business is not a monolith. Small business and big business may express different views and even within these broad business categories there are differences of opinion. That could complicate the drive to find common ground with the legislature and governor. In fact, check out new National Federation of Independent Business California Executive Director Tom Scott’s piece today on this page arguing against the transportation taxes that big business organizations generally embrace.
Business often survives on the art of the deal – a negotiation that leads to a gain for both sides of the negotiation. Similarly, government is said to advance on the art of compromise. So will broad business interests achieve certain goals while satisfying the powers-that-be under the capitol dome?
You can bet the discussions are already taking place. As to the results—we shall see.