Today, I had the honor of joining Governor Schwarzenegger, Senator Alex Padilla and others at a press conference to promote legislation I have introduced which will create jobs and boost green energy through tax relief. The event was held in Sylmar, CA at Quallion, the largest manufacturer of lithium-ion batteries and a direct beneficiary of this proposed bill.
SBX8 22 will exempt the purchase of green technology equipment from sales tax. Governor Schwarzenegger presented the idea as part of an effort to promote clean, renewable energy, stimulate the economy and create jobs. Creating jobs and promoting renewable energy alternatives are central themes in my effort to return California to prosperity and I welcomed the opportunity to author this bill.
SBX8 22 will help transition California to a more renewable, energy efficient economy. Green technology manufacturing is important for several reasons. Not only is it making a positive impact on our environment, but it’s also providing much needed jobs at a crucial time. This is win-win legislation that should be implemented right away.
I have joint-authored this legislation with Senator Alex Padilla who represents Sylmar where Quallion is located. Both Senator Padilla and I recognize legislation like this will not only jumpstart an industry, but will increase jobs and make California a leader in green technology and renewable energy.
With California battling an unemployment rate of 12.4%, it is crucial that we provide incentives to encourage economic expansion. For too long, we have missed opportunities to help California reach its potential in critical, emerging industries. Instead, we have continued to throw sand in the gears of businesses and stifle the economic expansion which will lead us out of perpetual deficits. I have watched as businesses have picked up and left our beautiful state. The California legislature has become an economic development agency for states like Texas, Nevada, Arizona and Florida. Just last week, I met in my office with a small manufacturing business owner in my district who stated that he was “one moving van away” from taking his business and the high paying jobs it provides, across state lines to Nevada. We must do more to make California more appealing for business.
SBX8 22 is a step in the right direction for California. I have consistently pushed for allowing green technology to drive our economic recovery. It’s time we remove the barriers that are driving businesses from our state and provide them with tools to grow and flourish. Economic prosperity and the responsible stewardship of our environment are not mutually exclusive. This legislation is an excellent example.
Tony Strickland represents California Senate District 19, which includes portions of Los Angeles, Ventura, and Santa Barbara counties.