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Business and Labor Opposes Prop 98, Neutral on Prop 99
SAN FRANCISCO-(Business Wire)-May 6, 2008 - The California Council for Environmental and Economic Balance ("CCEEB"), a coalition of business, labor and public leaders agreed today to oppose Proposition 98, a statewide ballot proposition that aims to prohibit rent control. CCEEB also voted to take no position on Proposition 99 because existing laws already provide property owners with the protections offered in the proposition.
"We agree that eminent domain concerns exist but California's system of protections largely provides adequate due process and fair evaluations but Prop 98 goes overboard and puts at risk essential public works. Our board of directors concluded that this just isn't the way to address the issue," said Gerald Secundy, CCEEB president.
In a related action, CCEEB determined that Prop 99 is a strategic attempt to counter Prop 98 and does not provide any new significant eminent domain reforms or any required changes to existing law. As a result, CCEEB declined to adopt a position on the initiative.
CCEEB strives to advance collaborative strategies for a sound economy and a healthy environment. Founded in 1973 by Governor Edmund G. "Pat" Brown, CCEEB is the only statewide private, nonprofit, nonpartisan association to represent the interests of both industry and labor. CCEEB members include dozens of "Fortune-500" companies as well as leading state and local labor unions.
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