Increased Construction Jobs

SUPPORT AB 1805 (Calderon; D-Montebello) JOB CREATOR — Facilitates job creation by giving a limited number of environmentally sound development projects protection from CEQA lawsuits. This benefit will allow projects that have met their CEQA requirements to break ground sooner which will create badly needed jobs and spur economic growth. Assembly Natural Resources Committee hearing March 22.

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Banking/Finance

SUPPORT AB 1779 (Niello; R-Fair Oaks) Gives financial relief to troubled borrowers by excluding debt forgiven by a lender from a borrower's taxable income, in conformity with federal law. Assembly Revenue and Taxation Committee hearing March 22.

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Privacy and Confidentiality

OPPOSE SB 885 (Corbett; D-San Leandro) Gift Certificate Redemption — Requires retailers to give cash back on cards if the remaining balance is less than $20. Senate Judiciary Committee hearing March 23.

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Taxation

OPPOSE AB 1604 (Nava; D-Santa Barbara) Gas Price Increase — Increases gas prices and dependence on foreign oil by targeting the oil industry for a tax on oil extracted only in California. Assembly Revenue and Taxation Committee hearing March 22.

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International Trade/Relations

OPPOSE AJR 27 U.S.-Colombia Free Trade Agreement — Memorializes the United States Congress to oppose the free trade agreement (FTA) between the United States and Colombia. This resolution is a symbolic gesture that, while not legally binding, would cast the FTA and Colombia–an important trading partner and a partner in stopping drug trafficking–in an unproductive light if it were to pass. Assembly Jobs, Economic Development, and the Economy Committee hearing April 20.