CA ACR83

Assembly Concurrent Resolution calling on state government to make retention and creation of private sector employment its highest priority

Cites California's job losses of 95,300 private sector jobs (June 2007-June 2008) while adding 36,400 public sector jobs, and 536,000 manufacturing jobs lost since 2000 (28% decrease)

References National Tax Foundation ranking California 48th in business tax climate, 49th in individual tax rates, and notes Milken Institute reports California's cost of doing business is 24% higher than national average

Declares the Legislature will take a leading role in restoring California's business climate and will reject legislation that increases tax and regulatory burdens or reduces private sector job creation

No fiscal impact