Rock the Vote
By Fox, Jason | |
Proquest LLC |
What the November Electron Has in Store for CPAs
Californians will be voting for contested races in the upcoming November election-and weigh in on important, timely statewide initiatives. You can check out the initiatives and candidates that will 1» on the November ballot by reviewing the Official Voter fluid* on die Secretary of Stale's website: swhc wtagntfs Hts atgov.
Here are a few highlights:
Water Bond Initiative (Prop 1)
The state's lawmakers reached a bipartisan agreement in August when they approved a S7.5 billion water bond initiative for Californians to vote on this November. With the eilte Li of the drought still being felt, this water bond differs from those approved in the past because it Foc usa more on water storage and drought protection than water conservation.
Approximately S2.7 billion has been allocated to the construction of dams, mrn-iiin and other water storage Bvlmiom, and
Rainy Day Fund Initiative (Prop 2/ACA I)
The Legislaiure passed the Budget Stabilization Account Initiative to increase the potential savings in
Proposition 45
This would require the insurance commissioner's approval before an insurer is able to change its rata, or anything the that would affect the charges associated with health care fot everyone the insurer provides insurance to in
Proposition 46
This proposition would raise the price cap on medical malpractice lawsuit* again« doctors from 2250,000 to potentially more dian SI million. Tiis initiative wiwild also mandate drug and alcohol testing of doctors, with all positive tat roulis reported to the
Proposition 47
Prop 47 would reduce the penalty for most nonviolent crimes from a felony to a misdemeanor.
CPA Day at the Capitol 2Û15
These lacc-lo-facc meetings arc one of die biggest reasons CalCP.Ys grassroots efforts have been so successful in the past. I-a.il year we had hundreds of CalCPA mem benjoin us in
All CalCPA members are encouraged uj attend this free event to help increase the visibility of tbe profesión in the political arena. I.ooV for registration information and detail* soon at «tim:(alcpc,arg/CPA fUY,
Professional Issues Update
CalCPA began hosting its Professional Issues U|idaie events in September, with three more taking place October. CalCPA leadership, along with CPA professionals, will be spe-iiking nn several different topics including tax issues, legislative and political activity related to live profesión, Arid trends related to risk and liability for CPAs in
Join the PAC
This is an election year, which brings an added need to renew your CPA-PAC pledge. The
Those opposed to Prop 2 argue the increase limits local funding control
Copyright: | (c) 2014 California Society of Certified Public Accountants |
Wordcount: | 716 |
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