Chamber Examines June Ballot Measures
The Lodi District Chamber of Commerce and the Government Relations Committee have endorsed Prop 69, Prop 70, and Prop 72 for the June Ballot. For those voting at the polls on Tuesday, June 5, here's a brief description of the propositions on the June Ballot:
Proposition 68 - Issues $4 billion in general obligation bonds for parks, environmental protection, and water infrastructure. Proposition 69 - Requires certain tax and fee revenue related to transportation (commonly known as The Gas Tax- which is up for repeal on the November ballot) be used for transportation purposes. Proposition 70 - Requires a one-time two-thirds vote to use revenue from the cap-and-trade program. Proposition 71 - Changes the date for when voter-approved ballot measures take effect. Proposition 72 - Excludes rainwater capture systems from property tax assessments.
The Chamber and the GRC committee support Propositions 69, 70, and 72.
In the event that The Gas Tax is not repealed in November, Proposition 69 acts as a failsafe for spending the revenue collected from the tax. Prop 69 would require funds collected in the Transportation Improvement Fund be spent on public streets and highways and public transportation systems.
Proposition 70 requires a supermajority vote when approving cap-and-trade reserve funds beginning January 1, 2024. This adds another level of checks and balances on cap-and-trade.
Lastly, Proposition 72- which passed unanimously in our GRC committee for support- gives reductions in annual property taxes if rain-capture systems are added to newly constructed homes.
The Government Relations Committee examines impending legislation and takes a position to support or oppose, and forward our position to various committees and elected officials. If you are a Chamber member who is interested in joining the Government Relations Committee, please contact Pat Patrick at PPatrick@LodiChamber.com.