Prop 39 Co-Chair Sen. De León Praises Victory for Jobs and Clean Air

Announces January Hearings to Explore Maximizing Energy Efficiency Dollars

SACRAMENTO – Declaring a victory for California taxpayers, the environment and job seekers, Proposition 39 Campaign Co-Chair Senator Kevin De León (D-Los Angeles) announced today that he will be holding hearings of his state Senate Select Committee on Energy Efficiency in early January to review how the more than $2 billion in energy efficiency funds generated by the initiative will be spent, ensure that it is done properly and to guarantee transparency throughout the life of programs supported by this revenue.

“I am so proud of California voters for standing up for California companies. With the passage of Prop 39, we are able to close an egregious corporate tax loophole that only benefits out-of-state companies at the expense of expanded employment in our state,” said Senator De León.

“Congratulations are well deserved for Tom Steyer, who made a tremendous personal investment of time, passion and resources to ensure this measure passed. I also appreciate the support of my campaign Co-Chair Secretary George Schultz.”

Proposition 39 closes a $1 billion tax loophole, created in a last-minute, closed-door budget deal in 2009 that gives out-of-state corporations an unfair tax advantage over businesses that employ more Californians. Closing this loophole restores fairness to California’s corporate tax system.

For the first five years, Prop 39 will dedicate half of the revenues recovered to job-creating energy efficiency and clean energy programs. Senator De León is inviting representatives from the worlds of finance, commercial real estate, construction and labor, and school districts to participate in his Select Committee hearings to be held in southern California and northern California. The hearings are designed to explore how these funds can be leveraged for additional private capital to immediately begin achieving the goal of getting Californians back to work as quickly as possible and maximizing energy efficiency and decreasing dependence on foreign energy.

The funds will be especially helpful to local governments and school districts as they will have the option to seek out low-interest funding to make energy efficient efficiency improvements at schools and private buildings – such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies.

The other half of the revenues, an anticipated 500 million dollars a year will go to our schools – helping stem devastating classroom cuts across the state. After five years, all of the revenues will go directly to the General Fund, a permanent investment in our state’s future. The Legislature will reconvene for the 2013-14 Legislative Session on December 3, 2012. Select Committee on Energy Efficiency hearing dates and locations will be announced before the end of the year.

Senator Kevin de León represents the 22nd District including all or parts of the City of Los Angeles, Alhambra, East Los Angeles, Florence-Graham, Maywood, San Marino, South Pasadena, Vernon, and Walnut Park. He is the Senate Democratic Caucus Chair and is a member of the following committees: Energy, Utilities and Communications; Governmental Organization; Health; Rules and the Joint Legislative Audit Committee.





Proposition 39 Heading for Overwhelming Victory in California

Job-Creating Measure Signifies Rare Success to Send New Revenue to General Fund

SACRAMENTO – Proposition 39 was headed for a momentous victory Tuesday night in California, with voters overwhelmingly supporting the measure to close a corporate tax loophole and pump $1 billion a year and tens of thousands of jobs into California. The initiative appeared to be garnering the most votes out of three statewide tax measures, and signified a rare instance of voters approving a new stream of revenues for California’s thread-bare treasury.

“This victory at the polls signifies an enormous win for California, a win for our economy, and a win for direct democracy,” said campaign co-chairman Tom Steyer, who watched election returns with state leaders Tuesday night in Sacramento. “Voters recognized that closing this enormous tax loophole for out-of-state corporations will create tens of thousands of jobs at a time when we so badly need them. They saw the urgent need for more revenues for programs, such as schools, that have been cut to the bone. And they have allowed us to level the playing field for our home-grown businesses and invest in job-creating energy efficiency projects that will help reduce energy bills.”

Steyer said California leaders now must identify high quality energy-saving projects that will bring the most jobs to our communities, and he urged lawmakers to find prudent uses for the new stream of revenue that the cash-strapped state will enjoy.

“Now comes the hard work of identifying the smartest and most efficient way to invest in projects that will create jobs, produce meaningful energy savings and stand the test of time. Every step of the process will be done in the light of day, with citizen oversight and yearly audits built in to this measure. We also challenge lawmakers to make the best use of these new revenues to help right our state’s fiscal ship,” Steyer said.

Proposition 39 won strong support from hundreds of groups representing a spectrum of interests across California. The measure also was endorsed by nearly three dozen newspapers representing all regions of the state.

“There is a reason this measure had widespread, bipartisan support. It is about good government and about standing up to special interests to do what is best for California,” said State Sen. Kevin de León, co-chairman for the Yes on Proposition 39 campaign. “We sought to repeal this loophole three times in Sacramento, with broad-based bipartisan support, only to be blocked by a few holdouts in the pockets of Big Tobacco and other corporate special interests.”

Proposition 39 gathered resounding support from a rare bipartisan coalition comprising more than 325 business, labor and environmental groups, budget experts, elected leaders, education officials, ethnic groups and others.

“Voters have spoken loud and clear that they want us to overcome political rivalries and special interest interference and do what is best for California by doing away with an absurd tax loophole that rewarded companies for providing fewer jobs in California. Now we can restore fairness in our tax system, while undertaking true budget reform and dedicating resources to a California that is worthy of our children’s futures.”

Proposition 39 will close a tax loophole created at the end of the 2009 budget negotiations in Sacramento, adding fairness back to California’s corporate tax system. The middle-of-the-night-deal allowed out-of-state corporations that employ few Californians and invest in little property to pay lower state taxes than their California-based equals.

For the first five years, Proposition 39 will dedicate half of the revenues from closing the loophole to job-creating energy efficiency and clean energy programs. These programs will include projects at schools and government buildings such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies. The other half of the revenues for the first five years will go to our state’s General Fund – helping to balance the budget and injecting hundreds of millions of dollars to our thread-bare public school system. After five years, all revenue will go into the General Fund.

Following are the full statements from the co-chairmen of the Yes on Proposition 39 campaign:

Campaign Co-Chairman Tom Steyer: “This victory at the polls signifies a win for California, a win for our economy, and a win for direct democracy. Voters recognize that closing this enormous tax loophole for out-of-state corporations will create tens of thousands of jobs at a time when we so badly need them. They saw the urgent need to direct more money to programs, such as schools, that have been cut to the bone in the recession. And they have allowed us to level the playing field for our home-grown businesses and invest in job-creating energy efficiency projects that will help reduce energy bills.”

Now comes the hard work of identifying the smartest and most efficient way to invest in projects that will create jobs, produce meaningful energy savings and stand the test of time. Every step of the process will be done in the light of day, with citizen oversight and yearly audits built in to this measure. We also challenge lawmakers to make the best use of these new revenues to help right our state’s fiscal ship.

I personally remain resolved to continue to dedicate time and resources to helping California realize its full potential as a magnificent place to live and do business and as a leader in innovation.”

Campaign Co-Chairman Sen. Kevin de León: “There is a reason this measure had widespread, bipartisan support. It is about good government and about standing up to special interests to do what is best for California. We tried to repeal this loophole three times in Sacramento, with broad-based bipartisan support, only to be blocked by a few holdouts in the pockets of Big Tobacco and other corporate special interests.

Voters have spoken loud and clear that they want us to overcome political rivalries and special interest interference and do what is best for California by doing away with an absurd tax loophole that rewarded companies for providing fewer jobs in California. Now we can restore fairness in our tax system, while undertaking true budget reform and dedicating resources to a California that is worthy of our children’s futures.”





Proposition 39 Has the Support of Hundreds of Groups and Organizations

Supporters span ideologies, political parties and interests

SACRAMENTO – With voters facing a lot of choices on tomorrow’s ballot, one measure, Proposition 39, has garnered resounding support from a rare bipartisan coalition comprising more than 325 business, labor and environmental groups, budget experts, elected leaders, education officials, ethnic groups and others.

Proposition 39, which will close a corporate tax loophole and bring billions of dollars and tens of thousands of jobs back to California, also has been endorsed by nearly three dozen newspapers representing all regions of the state.

“The breadth and diversity of our supporters demonstrates that this measure will benefit all of California,” said campaign co-chairman Tom Steyer. “It will help everybody from small business owners and home-grown companies, to schools and those who rely on state services. They’ve all taken hits throughout the recession and welcome this opportunity to grow our economy, reduce our budget deficit and invest in local jobs.”

The Yes on Proposition 39 campaign is co-chaired by Steyer, State Sen. Kevin de León, D-Los Angeles, and George P. Shultz, a Republican who served as Secretary of State under Ronald Reagan. The measure has met little to no organized opposition, while winning strong support from dozens of groups representing a spectrum of interests. Among them:

Elected officials including Senate President Pro Tem Darrell Steinberg; Assembly Speaker John A. Pérez, Los Angeles Mayor Antonio Villaraigosa; San Francisco Mayor Ed Lee; Sacramento Mayor Kevin Johnson; the Los Angeles City Council and San Jose City Council.

Business groups including The California Tax Reform Association; Latin Business Association; Los Angeles Business Council; San Francisco Chamber of Commerce; Sierra Business Council; and Silicon Valley Leadership Group.

Public health groups including the American Lung Association in California and Coalition for Clean Air.

Seniors and women’s groups including California National Organization for Women; the California Alliance for Retired Americans and Senior & Disability Action.

Education groups including the California Community College Trustees; California Federation of Teachers; and Los Angeles Community College District.

Labor groups including American Federation of State, County and Municipal Employees (AFSCME); the Blue Green Alliance; California Labor Federation; Service Employees International Union (SEIU) – California; and the State Building & Construction Trades Council of California.

Environmental and conservation groups including California League of Conservation Voters; Environmental Defense Action Fund; Natural Resources Defense Council (NRDC); The Nature Conservancy of California; Sierra Club California; and California Environmental Justice Alliance.

Clean energy groups including CleanTech Los Angeles; CleanTECH San Diego; and Solar Energy Industries Association.

Ethnic Organizations including Great Beginnings for Black Babies, Inc.; Asian Pacific Policy and Planning Council; La Confederación Centroamericana (COFECA); La Unica; The Council of Mexican American Federations (COFEM); and the Mexican American Legal Defense and Educational Fund (MALDEF).

Social Justice groups including the Alliance of Californians for Community Empowerment; California Partnership; Courage Campaign; Ella Baker Center for Human Rights and Greenlining Institute.

Faith groups including Church IMPACT; Global Jewish Advocacy; California Interfaith Power & Light; Clergy and Laity United for Economic Justice; California (CLUE-CA); Lutheran Office of Public Policy – California; Progressive Christians Uniting; Southern California Ecumenical Council; and Unitarian Universalist Legislative Ministry Action Network, CA.

Public agencies including Alameda-Contra Costa Transit District; The Foothill Municipal Water District; and Fulton-El Camino Recreation and Park District.

Newspapers including The Los Angeles Times, San Jose Mercury News, Sacramento Bee, La Opinion, Bakersfield Californian, Palm Springs Desert Sun, Riverside Press-Enterprise, Redding Record Searchlight and Marin Independent Journal.

For a complete list of supporters, visit http://www.cleanenergyjobsact.com/about/coalition/

Proposition 39 will close a tax loophole created at the end of the 2009 budget negotiations in Sacramento, adding fairness back to California’s corporate tax system. The middle-of-the-night-deal allowed out-of-state corporations that employ few Californians and invest in little property to pay lower state taxes than their California-based equals.

For the first five years, Proposition 39 will dedicate half of the revenues from closing the loophole to job-creating energy efficiency and clean energy programs. The other half of the revenues for the first five years will go to our state’s General Fund – helping to balance the budget and injecting hundreds of millions of dollars to our thread-bare public school system. After five years, all revenue will go into the General Fund.





San Francisco Mayor Ed Lee Supports Proposition 39

AN FRANCISCO – The Yes on Proposition 39 campaign announced today, the eve of Election Day, that San Francisco Mayor Ed Lee has endorsed the measure to close a corporate tax loophole – bringing dollars and jobs back to California.

“Prop 39 will help start a California comeback,” said Mayor Lee. “Closing this loophole will create tens of thousands of new jobs in California, while making California-based businesses more competitive and encouraging companies to hire and invest in California – a change that our state desperately needs.”

Proposition 39 will close a tax loophole created at the end of the 2009 budget negotiations in Sacramento, adding fairness back to California’s corporate tax system. The middle-of-the-night-deal allowed out-of-state corporations that employ few Californians and invest in little property to pay lower state taxes than their California-based equals. Mayor Lee joins Los Angeles Mayor Villaraigosa, Lieutenant Governor Gavin Newsom, Senate President pro Tem Darrell Steinberg, Assembly Speaker John A. Pérez, John Burton, and many other California leaders in endorsing Prop 39.

“I’m pleased to have Mayor Lee join other elected leaders in recognizing the importance of Prop 39,” said Tom Steyer, Campaign Co-Chair for Yes on Proposition 39. “The measure is an example of how democracy should work, allowing voters to take matters into their own hands and repeal a flawed and special-interest driven tax loophole enacted in a middle-of-the-night deal that has been costing California $1 billion every year.”

For the first five years, Proposition 39 will dedicate half of the revenues from closing the loophole to job-creating energy efficiency and clean energy programs. These programs will include projects at schools and government buildings such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies. The other half of the revenues for the first five years will go to our state’s General Fund – helping to balance the budget and injecting hundreds of millions of dollars to our thread-bare public school system. After five years, all revenue will go into the General Fund.

Lee joins mayors and city councils from Sacramento, Los Angeles, San Jose and other cities in supporting Prop 39.

Proposition 39 is also supported by a coalition of business, education, labor, environmental, public health and other groups including the San Francisco Chamber of Commerce, California Labor Federation, California Nurses Association, Silicon Valley Leadership Group, American Lung Association – California, CA NOW, California Alliance for Retired Americans, California Church IMPACT, Los Angeles Business Council, Latin Business Association, and the California League of Conservation Voters, among many others.





Celebrated Civil Rights Leader Dolores Huerta Supports Proposition 39

New “Stop the Corporate Fat Cats” Ad Airing in Final Days Before Election Day

LOS ANGELES, CA – The Yes on Proposition 39 campaign announced today that one of the state’s most respected civil rights leaders, Dolores Huerta, has endorsed the November 2012 ballot measure that will close a corporate tax loophole – bringing dollars and jobs back to California. Meanwhile, the campaign unveiled its new television ad for the waning days of the campaign.

“It is critical that all voters recognize the importance of Prop 39 and what it means for California families,” said Dolores Huerta, co-founder of the United Farm Workers with César Chavez and recipient of the Medal of Freedom for her lifetime of dedication to social justice and civil rights. “I am proud to link arms with the campaign, this measure will create jobs and put money back into the General Fund, helping to to ensure our state’s education, health and human services and other vital interests for our most vulnerable populations are protected.”

Proposition 39 will close a $1 billion tax loophole, created in a last-minute, closed-door budget deal in 2009 that gives out-of-state corporations an unfair tax advantage over businesses that employ more Californians. Closing this loophole, will restore fairness to California’s corporate tax system. “Ms. Huerta has dedicated her life to fighting for a better California and we are honored to have earned her support for Prop 39,” said Tom Steyer, Campaign-Co-Chair for Yes on Prop 39. “This measure will level the playing field for California businesses and create tens of thousands of jobs. We sincerely appreciate the support of Ms. Huerta as we work to educate voters on the benefits of Prop 39.”

For the first five years, Proposition 39 will dedicate half of the revenues from closing the loophole to job-creating energy efficiency and clean energy programs. These programs will include projects at schools and government buildings such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies. The other half of the revenues for the first five years will go to our state’s General Fund – helping to balance the budget and injecting hundreds of millions of dollars to our thread-bare public school system. After five years, all revenue will go into the General Fund.

Proposition 39 is supported by a sweeping coalition of business, education, labor, environmental, public health and other groups including the San Francisco Chamber of Commerce, The Council of Mexican American Federations (COFEM), California Labor Federation, California Nurses Association, CleanTECH San Diego, American Lung Association – California, Mexican American Legal Defense and Educational Fund (MALDEF), CA NOW, California Alliance for Retired Americans, California Church IMPACT, Los Angeles Business Council, Latin Business Association, and the California League of Conservation Voters.





entral Valley Leaders Stand in Support of Proposition 39

Assemblymember Henry T. Perea, Fresno-Area Labor, Public Health & Clean Air Leaders Stand in Support of Proposition 39 Measure will create jobs, help to improve air quality for Central Valley

Fresno, CA – Officials from Fresno’s business, labor, faith and public health communities joined Assemblyman Henry T. Perea today to support Proposition 39, which will close a corporate tax loophole that is costing California tens of thousands of jobs and $1 billion each year.

“Proposition 39 will spark our economy, and create quality jobs in the Central Valley and across the state,” Perea said. “Proposition 39 invests in jobs that will put people to work right away. It invests in jobs that will improve the lives of families in our region and it invests in jobs that we need to jumpstart our economic recovery. It also will save taxpayers’ money through reducing energy bills and reducing the need for polluting power plants.”

“Special interests blocked bipartisan efforts to close this tax loophole in the Legislature. Now it is up to voters,” Perea said.

Supporters stood in front of a solar farm that supplies 95 percent of the electricity needs for the Unitarian Universalist Church of Fresno. “We support Prop. 39 because we know first-hand what a difference renewable energy and energy efficiency can make for organizations, small businesses and public offices,” said George Burman, project manager for the church, which has won awards for its extensive energy saving program. “We are living proof that renewable energy saves money that can be used elsewhere.”

Randy Ghan, Director, Fresno Madera Tulare Kings Central Labor Council, said the construction and other jobs Proposition 39 will create are critical to the Fresno area, where the unemployment rate is a staggering 13.1 percent of the total work force

“We have seen energy efficiency and clean energy projects create real, quality jobs. These are jobs that help us support our families and do our part for our local economy. Proposition 39 is a no-brainer,” said Ghan. “Californians are losing out on $1 billion every year because big, out-of-state corporations want to increase their bottom lines.”

Susie Rico-Vasquez, Associate Area Director, American Lung Association in California, said Proposition 39 will encourage clean energy and help attack the problem of pollution in the Central Valley. “California is known worldwide for its innovation, its creativity and its leadership in protecting public health by fighting for clean air. Help protect our state’s economy by investing in clean energy jobs and supporting tax fairness that will help improve our state’s overall quality of health by voting Yes on Prop 39,” Rico-Vasquez said.

Elizabeth Jonasson, Campaign & Outreach Associate, Coalition for Clean Air, said the mission of her organization is to “make the air we breathe safer for Californians. That is one reason we support Prop. 39’s clean energy goals. Prop. 39 is also good public policy because it levels the playing field for California businesses and creates jobs here in Fresno, and all over California.”

Tom Cotter, Central California Sales Manager, Real Goods Solar, said his job, and his family, depend on the clean energy industry.

“My daughter has missed many days of school because she suffers from asthma. This is personal for me, and personal for so many Fresno residents who have health issues because of our air quality,” said Tom Cotter. “My job is in the clean energy sector. Proposition 39 will create more jobs like mine and will help more people who have suffered from years of recession.”

Those speaking in support of Proposition 39 in Fresno on Thursday included:

Assemblymember Henry T. Perea (D-Fresno)
Susie Rico-Vasquez, Associate Area Director, American Lung Association in California
Elizabeth Jonasson, Campaign & Outreach Associate, Coalition for Clean Air
Randy Ghan, Director, Fresno Madera Tulare Kings Central Labor Council
George Burman, Project Administrator, Unitarian Universalist Church of Fresno
Tom Cotter, Central California Sales Manager, Real Goods Solar

At the end of the 2009 budget negotiations in Sacramento, in a middle-of-the-night-deal, lawmakers created a tax loophole that allows out-of-state corporations to pay less state income tax than the California companies that create more jobs in-state. Prop. 39 aims to close this tax loophole, generating more than $1 billion annually in additional revenue.

For the first five years, Prop. 39 will dedicate half of the revenues from closing the loophole to job-creating energy efficiency and clean energy programs. These programs will include projects at schools and government buildings such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies.

Prop. 39 will also provide financing options to the public and private sectors for clean energy innovations, and will save taxpayers and employers money by reducing public energy costs for years to come. The other half of the revenues for the first five years will go to our state’s General Fund – helping to balance the budget and injecting hundreds of millions of dollars to our thread-bare public school system. After five years, all revenue will go into the General Fund.

Most major states, including Texas, New York and New Jersey, have closed similar tax loopholes.

Proposition 39 is supported by a diverse coalition of groups and individuals, including the San Francisco Chamber of Commerce, California Pan-Ethnic Health Network, California Federation of Teachers, American Lung Association – California, CA National Organization for Women, California Alliance for Retired Americans, California Church IMPACT, Environmental Health Coalition, Latin Business Association, California Labor Federation, Council of Mexican American Federations (COFEM), CleanTECH San Diego, and the California League of Conservation Voters.





California’s Business Community Supports Prop 39

Measure would level the playing field for California businesses; bring jobs and revenue back to the state

SACRAMENTO, CA – The Yes on Prop 39 campaign announced today that an influential group of business organizations has endorsed the November 2012 ballot measure that will close a corporate tax loophole – bringing revenue and jobs back to California.

“The Silicon Valley Leadership Group supports Proposition 39 because we believe it encourages job creation in California, provides revenue to our state and enacts a fair tax policy that is consistent with competitor states across the country,” said Carl Guardino, President and CEO of the Leadership Group, which has more than 375-member companies. “With 2.1 million unemployed Californians, Proposition 39 also invests in immediate job growth in renewable energy and energy efficiency projects throughout our state.”

Major business groups endorsing Prop 39 include: San Francisco Chamber of Commerce, Silicon Valley Leadership Group, Valley Industry and Commerce Association, Latin Business Association, Los Angeles Business Council, Chinese Chamber of Commerce of Los Angeles, U.S. Green Chamber of Commerce, Sierra Business Council and others.

“California should be doing all we can to attract and keep good jobs, and increase revenue for our state,” said Stuart Waldman, President of the (VICA). “Proposition 39 will encourage job creation in California and spur economic growth.” Prop 39 will close a $1 billion tax loophole, created in a last-minute, closed-door budget deal in 2009 that gives out-of-state corporations an unfair tax advantage over businesses that employ more Californians. Closing this loophole will restore fairness to California’s corporate tax system.

“This measure will bring California’s tax policy in line with many other major states, states like New York, New Jersey and Texas that have recognized the necessity of this change,” said Ruben Guerra, Chairman & CEO of the Latin Business Association. “It’s time we follow suit and pass Prop 39 to help make our state and our businesses strong economic leaders once again.”

For the first five years, Prop 39 will dedicate half of the revenues from closing the loophole to job-creating energy efficiency and clean energy programs. These programs will include projects at schools and government buildings such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies.

Prop 39 will also provide financing options to the public and private sectors for clean energy innovations, and will save taxpayers and employers money by reducing public energy costs for years to come. The other half of the revenues for the first five years will go to our state’s General Fund – helping to balance the budget and injecting hundreds of millions of dollars to our thread-bare public school system. After five years, all revenue will go into the General Fund.

Prop 39 is also supported by a coalition of education, labor, environmental, public health and other groups including the California Federation of Teachers, Sierra Club – California, California Labor Federation, AFL-CIO, California Nurses Association, CleanTECH San Diego, American Lung Association – California, CA NOW, California Alliance for Retired Americans, California Church IMPACT, California Community College Trustees, The Council of Mexican American Federations (COFEM), The Los Angeles Times, The Sacramento Bee, San Jose Mercury News and many others.





The Faith and Labor Communities Speak Out on Behalf of Prop 39

Faith, Labor Groups Call for Passage of Prop 39

A group comprised of various faith-based and labor-backed organizations led by Rabbi Laurie Coskey of the Interfaith Committee for Worker Justice gathered this afternoon to speak out in favor of Proposition 39, which would eliminate an option for businesses that have operations both in California and other states to calculate their state taxes in two different fashions, and then pay taxes based on the lowest result. The expected result: $1 billion in new tax revenues, which would be used to close the state budget shortfall and fund a new green-energy program.

Drawing attention to the jobs that would supposedly be created from the program, the announcement was held at the San Diego Community College District’s Sustainability Training and Resource Center in the Mountain View neighborhood, a classroom where students learn about construction and installation of environmentally-friendly building features such as solar panels.

“An important aspect of ending the tax break for out-of-state corporations here in California is that half of the estimated $1 billion that will be recaptured will go to funding green technology training programs like those found here in the [training] center,” offered District president Anthony Beebe.

Opponents of the measure say that California already has an economic climate that’s not attractive to business, and that removing the tax calculation option would further discourage businesses from operating in California. General Motors, International Paper, Kimberley-Clark, and Chrysler, who since 2006 have earned $42.4 million from state contracts, have all voiced opposition to Prop 39.

They haven’t offered financial backing, though, as the opposition campaign as of last week had only $45,000 on hand. Proponents, largely buoyed by $21.9 million from liberal Bay Area hedge fund billionaire Thomas Steyer, reported a total of $23.2 million.

“We always talk about other states and how much better a job [other states] do at attracting business,” said Jim Waring, president and CEO of CleanTech San Diego, a non-profit group whose member businesses could benefit from expanded green energy spending. He was introduced as “probably the leader of the Prop 39 movement in San Diego.”

“Texas, New Jersey, Illinois, and New York, to name just four, have the same type of taxation structure as would be imposed by Prop 39. Other states are already doing what Prop 39 would allow this state to do,” said Waring.

Representatives of Faith Leaders for Jobs, Environment, and Community, another group present, read aloud an open letter also backing the initiative.





San Jose City Council Endorses Prop 39

City of San Jose Endorses Prop 39 Councilmembers Urge Voters to Close Unfair Tax Loophole

San Jose, CA – The Yes on Prop 39 campaign announced today that the San Jose City Council has officially endorsed Prop 39, the November 2012 ballot measure that will close a tax loophole to bring dollars and jobs back to California. “Prop 39 will help us to ensure that our state, and our region, remain at the forefront of clean tech innovation and development. This is a goal to which the City of San Jose – the capital of the Silicon Valley – is dedicated,” said San Jose City Councilmember Sam Liccardo, who drafted a memo urging his council colleagues to endorse Prop 39. “Closing this loophole will help make our economy strong, and provide cities like San Jose, an opportunity for financial and technical assistance on construction projects, workforce development, and public-private partnerships.”

San Jose joins other municipalities and leaders from throughout the state, such as Lieutenant Governor Gavin Newsom, Senate President pro Tem Darrell Steinberg, Assembly Speaker John Pérez, Los Angeles Mayor Antonio Villaraigosa, Sacramento Mayor Kevin Johnson and many others, in endorsing Prop 39.

“Prop 39 ends an unfair tax system that benefits out-of-state corporations, a much-needed fix that will bring $1 billion in tax revenue back to our state,” said San Jose Councilmember Donald Rocha. “The measure will level the playing field for California businesses while helping to fund education, public safety and other social programs that have been hurt during recent budget cuts – it’s a win-win for all Californians.”

Prop 39 will close a $1 billion tax loophole, created in a last-minute, closed-door budget deal in 2009 that gives out-of-state corporations an unfair tax advantage over businesses that employ more Californians. Closing this loophole will restore fairness to California’s corporate tax system. For the first five years, Prop 39 will dedicate half of the revenues recovered to job-creating energy efficiency and clean energy programs. This is especially helpful to local governments as they will have the option to seek out low-interest funding to make energy efficient efficiency improvements at schools and government buildings – such as installing solar panels, upgrading old heating and cooling systems, swapping out old windows and installing other energy-saving technologies.

The other half of the revenues will go to our state’s General Fund – helping to balance the budget and sending hundreds of millions of dollars to our public school system, social and health services, transportation and other vital services. After five years, all of the revenues will go directly to the General Fund, a permanent investment in our state’s future.

Prop 39 is supported by a diverse coalition of groups and individuals, including the Silicon Valley Leadership Group, San Francisco Chamber of Commerce, California Community College Trustees, California Nurses Association, American Lung Association – California, CA NOW, California Alliance for Retired Americans, Valley Industry & Commerce Association, California Church IMPACT, Latin Business Association, California Labor Federation, CleanTECH San Diego, the California League of Conservation Voters, the Los Angeles Times, Sacramento Bee, San Jose Mercury News, Oakland Tribune and many others.





San Diego faith leaders converge for Proposition 39

The San Diego Union Tribune reports that Faith leaders will meet to discuss the benefits of Proposition 39.

To Rabbi Laurie Coskey, Proposition 39 is all about tax fairness that would promote energy savings, green jobs and opportunities for the disadvantaged.

She and other faith leaders will promote the initiative at an event Thursday afternoon at the Sustainability Training and Resource Center in San Diego.

“Proposition 39 adds a needed $1 billion in revenue to fix the hole in the state budget and secure funds for green jobs training programs in our communities,” Coskey said in a statement.

Opponents of the Nov. 6 ballot measure say it will raise corporate taxes, hamstringing economic growth and eventually costing consumers more at the cash register.

Proposition 39 seeks to close a loophole that allows multistate corporations to choose which of two financial reporting rules to follow, saving themselves $1 billion a year. But in-state businesses do not have the option.

Proposition 39 would change tax policy so that all companies use the same formula based on sales figures to determine their tax bill.

Of the $1 billion, about half would go to the general fund for basic services and the other half to clean energy projects and energy efficiency programs to help businesses, homeowners and public agencies save on utility bills.

Coskey said that provision would lead to more jobs for those who can help lower energy costs for homeowners, businesses and public agencies.

The event is being sponsored by the California Faith Leaders for Jobs, Environment and Community, among others. Others expected to be on hand include: Anthony Beebe, president of the San Diego Community College District, Jim Waring, chief executive officer of CleanTech San Diego and Lorena Gonzalez, secretary-treasurer of the San Diego-Imperial Valley Labor Council.