The Thorn West is a state and local news roundup compiled by members of DSA-LA. Our goal is to provide a weekly update on the latest developments in state and local politics, and to track the issues that are most important to our membership.
|
Issue No. 217 - October 11, 2024
|
- AB X2 - 1, which requires oil companies to maintain higher reserves with the goal of preventing gasoline price spikes, was approved by the State Senate today in a special legislative session. All that remains now is for the Assembly to approve the Senate’s amendments. Governor Newsom promoted the legislation and called for the special session.
|
- Following the latest round of settlement payouts, the city’s reserve fund is now below 4% of the total general fund, and is likely to dip further. Per the Controller’s office, dropping below 2.75% triggers an official “fiscal emergency.”
|
Police Violence and Community Resistance
|
- Amid a budget crisis, Charter Amendment FF would spend 23 million to give certain police officers and park rangers better pensions. The LA Times (and DSA-LA) endorses a no vote.
|
- AB 761, which further enables California municipalities to take advantage of federal loans to fund critical infrastructure projects, has officially passed. The new funding opportunity has been suggested as a way to expedite the planned extension of the Metro K Line from LAX to West Hollywood.
|
|