The Stop Blank Checks Initiative, set for the November 2016 ballot, will require a statewide election every time the state, or a state-local partnership seeks to issue revenue bonds for major infrastructure projects exceeding $2 billion in cost. The BizFed Board decided that in a critical time for California, the Stop Blank Checks initiative would create an unnecessary roadblock for fixing crumbling roads, improving water supplies, and other public works.
Now that the Legislature is On Recess – Here’s What You Need to Know
As you know, the state legislature adjourned this past Friday for their month-long summer recess. It was also the deadline...