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FOR IMMEDIATE RELEASE CONTACT: Brooke Armour [mailto:[email protected]]

November 7, 2024 (916) 553-4093

Business Roundtable Responds to Governor's Call for Another Special Session

SACRAMENTO—California Business Roundtable President Rob Lapsley issued the following statement today in response to the governor calling a special session in response to the election outcome:

“On Election Day, California voters rejected attacks on Prop. 13 (Prop.5), rejected increasing the minimum wage (Prop. 32), and rejected attempts to drive up the cost of housing even higher (Prop.33). Cost-of-living was clearly on voters’ minds not just in California, but across the nation and voters are demanding that leaders focus on affordability first. Special session should focus on addressing issues like the imminent gas price increase through the state’s renewal of the Low Carbon Fuel Standard, the 108% increase in residential electricity prices since 2010, the ongoing homeowner’s insurance crisis, the ongoing housing crisis, and other costs directly affecting family budgets and Californians’ ability to live and thrive in this great state.”

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California Business Roundtable

1301 I Street, Sacramento, CA 95814

916.553.4093

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