SACRAMENTO (KCBS) – Two proposals California Democrats hope will attract more companies and jobs to the state have won praise from the California Chamber of Commerce.
The legislative package Democrats unveiled Thursday to streamline business regulations and ensure regulatory requirements do not scare companies away from setting up in California are sorely needed, said chamber president Allen Zaremberg.
“The number one issue that we hear from businesses throughout the country is the uncertainty of doing business in California, and what we have today is a step forward in the right direction,” he said.
KCBS’ Doug Sovern Reports:
One bill would create the Governor’s Office of Business and Economic Development, or GoBiz, to promote California and encourage job creation.
The other measure would require that any proposed laws or regulations be subject to rigorous examination of their economic impact, much the way construction and development projects are subject to environmental review.
“That’s key. That does not exist in the law today,” said Senate President Pro Tem Darrell Steinberg.
Steinberg said the idea behind the legislation was to end the drumbeat that California is not business friendly and instead “send a message to investors and employers that California is serious about improving its business climate.”
Republicans have in vain trumpeted regulatory reform for years. GOP leaders called the proposal “a good first step” but said state government needs to be further diminished to encourage job creation.
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