The California Chamber of Commerce Board of Directors recently took positions on the following two initiatives proposed for the November 2016 ballot:
CalChamber Board Votes to Oppose Proposition 30 Tax Extension:
The CalChamber Board of Directors has voted to oppose a proposed ballot initiative that would extend Proposition 30 income tax hikes until 2031
CalChamber Board Votes to Oppose the Hospital Compensation Act of 2016:
The CalChamber Board of Directors also voted to oppose a proposed ballot initiative that would impose a cap on total annual compensation paid to private nonprofit and for-profit hospital executives at the level of compensation received by the President of the United States – currently, $450,000.