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This week, the California Chamber of Commerce released a list of 27 proposed ‘Job Killer’ bills that could hurt California’s jobs climate. One of the ‘Job Killer’ bills, Senate Bill 1132 (Mitchell), would limit domestic energy production by creating a statewide moratorium on well stimulation techniques, such as hydraulic fracturing. Another bill listed as a ‘Job Killer’ is Assembly Bill 2420 (Nazarian) which would allow local moratoriums on well stimulation techniques.
The California Chamber of Commerce said these bills would place California businesses at a disadvantage, increase fuel costs, impede job growth and suppress property, income and excise tax revenues.
“Economic recovery is still the number one issue for Californians,” said Allan Zaremberg, President and CEO of the California Chamber of Commerce. “These bills pose a serious threat to our economy and, if enacted, would dampen job growth in the state. While it is encouraging that the list of new job killer bills is smaller than in past years, the unfortunate consequence of any one of these bills becoming law would be harmful to our economy. Protection of the job climate remains CalChamber’s top priority.”
Senate Bill 1132 will face a vote in the Senate Environmental Quality Committee in the coming weeks. Assembly Bill 2420 is expected to be heard in the Assembly Local Government Committee in the coming weeks.