The Leading Voice of Business in Orange County Tuesday, July 14, 2015
OC SUPERVISOR DO HIGHLIGHTS INTERNATIONAL TRADE WITH US AMBASSADOR TO VIETNAM
OC Supervisor Andrew Do graciously hosted lunch for the US Ambassador to Vietnam, Ted Osius, on Monday, July 13, 2015. OCBC's Lucy Dunn represented the large business community with many elected officials and Vietnamese business owners in welcoming the ambassador, who spoke in both Vietnamese and English, to an appreciative crowd. The ambassador spoke eloquently about President Obama's support for the newly-approved Trans Pacific Partnership (TPP) --strongly supported by OCBC--and looked to leverage the benefits of TPP with collaboration on protecting human rights, security, religious freedom, labor rights, Internet access and respect for the Rule of Law under Vietnam's new 2013 Constitution. The ambassador has seen a lot of changes in 20 years working in Vietnam diplomacy. The Internet especially helps with communications, citing that Facebook is especially popular, particularly among 40 million young people. He further reported that a new national Assembly in Vietnam is not a rubber stamp for the old regime, but well-aware of the commitments required for political and civil rights. Vietnam is trying to decide what it wants to be, he said, but clearly 92 percent of its population want a closer relationship with the U.S. TPP will help accelerate Vietnam's role in trade and boost its economy so long as it remains committed to labor rights, and other global initiatives such as peacekeeping and meeting health challenges. Kudos to Supervisor Do for highlighting the importance of international trade--a key driver for OC's economic prosperity. For more on the international trade industry, visit www.LocationOC.com. For more information, contact Matt Petteruto, Vice President, Economic Development.
DUNN AND SWEARENGIN: BE CAREFUL ON SWEEPING CLIMATE CHANGE BILL
DISNEY'S ENTERTAINMENT TAX DEAL A BOON FOR ANAHEIM AND O.C.
The following article was written by Lucy Dunn of OCBC and Carolyn Caveche of OC Tax, and appears as it was published Sunday, July 12, 2015 in the Orange County Register.
You know that the political landscape in Orange County is changing when there is debate about whether or not taxes should be raised or implemented. After last Tuesday's seven-plus hour Anaheim City Council meeting, never has so much time been spent by so many people purporting to protect folks' "right to tax themselves" over a tax no one could say they supported!
Thankfully, the proposal to extend the ban on a so-called "gate-tax" - an entertainment tax proposed to be paid by anyone visiting the Disneyland Resort in Anaheim - turned out to be a no-brainer. Add to that what the Disneyland Resort means to the bottom line for Anaheim and the economy of Southern California, and its approval should not have surprised anyone.
According to city of Anaheim, its 2015-16 budget projects general fund revenues of $286 million. CLICK HERE to read more. For more information, contact Bryan Starr, Senior Vice President, Government Affairs.
OCBC CO-SPONSORED AB 288 MAKES ITS WAY THROUGH SENATE-- CONCURRENT ENROLLMENT IS GOOD!
In a significant step forward, the California State Senate Committee on Education passed unanimously OCBC co-sponsored AB 288 (Holden) -- Concurrent Enrollment -- during a hearing July 1. Under the legislation, high school students across California would be able to take community college classes, helping struggling students to better prepare for college. It also calls for technical education for students who plan to work after graduating from high school. AB 288 now moves to the Senate Committee on Appropriations. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy.
US CHAMBER FILES LAWSUIT AGAINST WATERS OF THE US RULE
The U.S. Chamber of Commerce, along with the National Federation of Independent Business (NFIB), Portland Cement Association, State Chamber of Oklahoma and Tulsa Regional Chamber, filed a lawsuit late Friday against the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers seeking to overturn a regulation often referred to as the "Waters of the U.S." (WOTUS) rule, which would dramatically expand the areas regulated under the Clean Water Act. The lawsuit alleges that the EPA's WOTUS rule disrupts the careful balance Congress set forth in the Clean Water Act, which gives the EPA and the Army Corps of Engineers the authority to regulate "navigable waters," but specifically preserves the primary role of the states in planning the development and use of land and water resources. The lawsuit asserts that the agencies failed to comply with their statutory obligation to assess the economic harm numerous industries and small businesses will suffer because of the regulation. CLICK HERE for more information about the lawsuit. OCBC recently signed on to a letter of support of S. 1140 to the Senate, which is a bipartisan "Federal Water Quality Act," aimed at remedying shortcuts taken by the agencies, as well as a letter of strong opposition to the revised WOTUS rule addressed to the EPA. OCBC supports the Chamber's efforts and will continue to monitor the status of WOTUS and the lawsuit. For more info, contact Bryan Starr, Senior Vice President, Government Affairs.
OCBC SUPPORTS REP. ROYCE'S BILL TO ALLEVIATE EFFECTS OF DROUGHT ON CA FAMILIES, FARMERS
U.S. Representative Ed Royce introduced H.R. 2898 -- the Western Water and American Food Security Act of 2015 -- which is a comprehensive plan to reevaluate and renew California's current water infrastructure on June 25. The bill provides emergency and long-term water supplies to families and farmers, increases our water storage capacity, and streamlines the permitting process for critical water recycling and reuse project approvals. The bill also requires regulators to provide empirical evidence of claimed disruption in fish populations and mandates that all options are considered before contracted water that has been paid for is diverted in the ocean. OCBC strongly supports this legislation as it will help alleviate the effects of the drought, and applauds the leadership of Rep. Royce. For more information, contact Bryan Starr, Senior Vice President, Government Affairs.
MAJOR JOB KILLER PASSES OUT OF THE SENATE
SB 350 (de Leon) mandates a 50 percent reduction in the use of petroleum fuel in the next 15 years, requires half the state's electricity to come from renewable sources, and mandates that energy efficiency in existing buildings be increased by 50 percent - all by 2030. OCBC strongly opposes this bill because it requires an arbitrary and unrealistic reduction in petroleum use, increases the current Renewable Portfolio Standard, and increases building energy efficiency without regard to the impact on individuals, jobs, and the economy. Most of California's businesses and families rely on petroleum for day-to-day transportation needs. SB 350 could compromise the availability of transportation fuels. California's energy price per kilowatt hour is already among the highest in the nation and the state's energy efficiency standards are among the strongest. Mandating these standards will increase the cost of energy and make California businesses less competitive and continue to chase jobs out of the state. OCBC asserts that the goals in this legislation are not reasonably attainable. The bill recently passed the Senate and is progressing in the Assembly, where OCBC is actively working with legislators to defeat this costly mandate. For more information, contact Bryan Starr, Senior Vice President, Government Affairs.
LAST CHANCE TO REGISTER! GOLF FOR A GOOD CAUSE AT OCBC'S ANNUAL TOURNAMENT - JULY 30
OCBC BIDS FOND FAREWELL TO BOARDMEMBER ALICE BISNO, WELCOMES MICHAEL SCHRADER
It is with great regret that OCBC accepts the resignation of OCBC Board of Directors member Alice Bisno, Senior Vice President of Public Affairs, Automobile Club of Southern California. She served on OCBC's Board since 2009 and has served as OCBC's Government Affairs Committee Co-Chair. She has been a key leader and adviser to OCBC. We thank her heartily for her service and wish her well in her retirement. OCBC would like to also welcome Michael Schrader, CEO, CalOptima to the Board of Directors. He comes to the Board with a strong background in public health and served as COO for the Boston Medical Center HealthNet Plan. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.
CHRISTOPHER LEO APPOINTED AS VOTING MEMBER OF GOVERNMENT AFFAIRS COMMITTEE
OCBC is pleased to announce that the Board of Directors officially appointed Christopher Leo, Southern California Regional Director of Advocacy and Public Policy for St. Joseph Health, as a voting member to the Advocacy and Government Affairs Committee. Leo joined St. Joseph Health in 2005 after serving for Orange County Supervisor Lou Correa. From 1998 to 2004, Mr. Leo served as Chief of Staff for Correa while in the Assembly. He was on the Santa Ana Planning Commission for 10 years and served as the Chair for three years. Welcome, Chris! For more information, contact Bryan Starr, Senior Vice President, Government Affairs.
STRATEGIC GROWTH COUNCIL AWARDS FIRST CAP AND TRADE DOLLARS FOR HOUSING
On June 30, the Strategic Growth Council awarded the first cap and trade funds for affordable housing and sustainable communities programs. The Council awarded $121,955,460 to 28 projects throughout the state. More than two thirds of the money went to Northern California. Orange County only received one project award for $4 million, making up for less than 4 percent of the total awards dollars. Once again, Orange County communities fail to get their fair share of the state budget. OCBC will lead an effort through its housing committee to better coordinate local stakeholder is in order to capture future cap and trade dollars for Orange County projects. Currently, Orange County faces a 50,000 to 62,000 unit shortfall to keep pace with housing demand. CLICK HERE for OCBC's 2015 Orange County Workforce Housing Scorecard for more information on the state of housing in Orange County. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.
2015 COMMUNITY INDICATORS REPORT RELEASED
CA COMPETES TAX CREDIT WORKSHOP FOR ORANGE COUNTY BUSINESSES
Join OCBC, The Governor's Office of Business and Economic Development (GO-Biz), and the City of Tustin on Friday, July 31 for a workshop on the California Competes Tax Credit. The State of California has allocated $75 million in income tax credits to be made available to businesses that want to come to California or stay and expand. Small, medium and large businesses are encouraged to attend the workshop and receive instruction on how to apply for this tax credit program, which are both free. CLICK HERE to register. To learn more about the California Competes Tax Credit, CLICK HERE. For more information, contact Matt Petteruto, Vice President, Economic Development.
REGISTER TODAY FOR OCBC'S CHAIRMAN'S LEADERSHIP BREAKFAST WITH MARTHA DANIEL - AUG. 4
Join Orange County Business Council for a Chairman's Leadership Breakfast Tuesday, August 4, 2015 featuring Martha Daniel, Founder, President and CEO, IMRI Technology and Engineering Solutions. In 1992, Daniel founded IMRI to provide technical support for the Southern California Resolution Trust Corporation's (RTC) legal litigation teams. Her leadership, perseverance and vision expanded IMRI into systems integration during Y2K. Today IMRI delivers comprehensive cyber security, technology, program management and engineering capabilities and support services for the federal government and civilian agencies, as well as the private sector. Daniel is responsible for managing the corporation's strategic vision.
DATE: Tuesday, August 4, 2015 REGISTRATION: 7:15 a.m. PROGRAM: 8 a.m.
ADJOURN: 9:00 a.m. PLACE: The Center Club I 650 Town Center Dr., Costa Mesa
For more information, contact Sabra Ritter, Director of Events, at 949-794-7241.
SAVE THE DATE! OCBC'S ECONOMIC DEVELOPMENT FORUM - SEPT. 24
Join OCBC for the 2015 Economic Development Forum, focusing on "How Orange County Manufacturers are Thriving in the Global Market," sponsored by Chase. As the sixth largest county in the nation, a state front runner in jobs creation, and a growing driver of international trade exports, Orange County is poised to lead the state and nation in economic advances throughout the 21st century. The forum will feature keynote speaker Morgan McGrath, Head of International Banking, Commercial Bank, JPMorgan Chase, as well as a panel discussion, and an OC manufacturing update from Dr. Wallace Walrod, Ph.D., Chief Economic Adviser to OCBC. Moderating the panel is Kathleen Marran, Vice President West Region Marketing, UPS. Panelists include Jatan Shah, COO, QSC Audio Products; Tom Croslin, Vice President, Boeing Commercial Airplanes, Southern California Engineering Design Center, The Boeing Company; and Dr. Noel Hacegaba, Managing Director of Commercial Operations and Chief Commercial Officer, Port of Long Beach.
DATE: Thursday, September 24, 2015 REGISTRATION: 7:30 a.m. PROGRAM: 8 a.m.
ADJOURN: 10:00 a.m. PLACE: The Irvine Marriot I 18000 Von Karman Ave., Irvine
For more information, contact Sabra Ritter, Director of Events, at 949-794-7241.
OCBC AROUND THE COMMUNITY
June 23 to 24, 2015 - OCBC's Alicia Berhow, Vice President, Workforce Development and Advocacy, participated in the first installment of the ACCE Education and Workforce Fellowship training. The complex program is designed to move the needle on regional education attainment and workforce development goals through sharing challenges and opportunities from peer practitioners.
F&M Bank offers Home Equity Line of Credit Promotion
F&M Bank recently announced a promotion for Home Equity Line of Credit (HELOC) with an initial interest rate of 1.99 percent for owner-occupied, single-family residences, with payment made via auto-debit to an F&M Bank account. CLICK HERE to learn more.
World Affairs Council OC presents Afghanistan 2.0: Future Visions and Business - Thursday, July 30, 2015
Join the World Affairs Council of OC for "Afghanistan 2.0: Future Visions and Business," event featuring guest speakers Col. Jim Bullion and his Excellency Noorullah Delawari. Bullion is an American Army Reserve Officer and has extensive experience in international business, specifically in the Middle East. Noorullah Delawari is the former governor of Da Afghanistan Bank and served as the Minister Adviser to President Karzi on the country's private sector. CLICK HERE for more information.
Orange County Procurement Vendor Information Day - Thursday, July 30
The County of Orange has implemented a Vendor Information Day on the last Thursday of each month, with the exception of holidays. These sessions are to provide vendors with information on how to do business with the County and to answer questions regarding the County of Orange purchasing process. The next one will take place at 9 a.m. Thursday, July 30, 2015 at the County Procurement Office in Santa Ana. CLICK HERE for more information.
Local Government Forum Featuring Assemblymember Matthew Harper - Friday, July 31
Join your fellow city elected officials, city managers and city staff for the Orange County Division's General Membership meeting taking place 4:30 to 7:30 p.m. on Friday, July 31, 2015 at the Los Alamitos Race Course in the City of Cypress. The Division will host a Local Government Forum featuring Orange County's Assemblymember Matthew Harper, who serves as Vice Chair of the Assembly Labor and Employment Committee. CLICK HERE for more information.
Deadline Approaching to Nominate a Company as a Top Workplace - Friday, August 14
The Orange County Register invites employees from leading Orange County-based companies to help identify the county's most inspiring companies that deserve recognition as a Top Workplace. The deadline to submit a nomination is Friday, July 17, 2015. The Register publishes its eighth annual Top Workplaces magazine on Dec. 3, and will host its signature event on Dec. 2 in Anaheim to celebrate companies that have inspiring leaders, great benefits and winning cultures. CLICK HERE for more information and to nominate a company today.
Looking for Volunteers! U.S. Energy Solar Decathlon at the Great Park - Oct. 8-18, 2015
Currently accepting volunteers to support the upcoming U.S. Department of Energy Solar Decathlon, which will be held Thursdays - Sundays, Oct. 8-18 at the Orange County Great Park in Irvine, California. Open to the public free of charge, the Solar Decathlon gives visitors the opportunity to tour solar-powered houses, gather ideas to use in their own homes, and learn how energy-saving features can help them save money today. Volunteers work alongside Solar Decathlon organizers serving as a greeter, docent, visitor liaison, education days mentors and more. CLICK HERE to register or find out more about volunteering.
Imagine a Better Tomorrow - Friday, November 20
Save the date for the 17-year anniversary of Collette's Children's Home, Imagining a Better Tomorrow. Collette's Children's Home changes the live and builds a better future for over 3,300 homeless women and children. The event is at 6 p.m. Friday, November 20 at the Hyatt Regency, Long Beach. CLICK HERE to learn more.
UPCOMING OCBC COMMITTEE MEETINGS: AUGUST
Wednesday, August 5, 2015 I 9:00 a.m. to 10:30 a.m.
Friday, August 7, 2015 I 7:30 a.m. to 9:00 a.m.
Advocacy and Government Affairs
Friday, August 7, 2015 I 9:00 a.m. to 10:30 a.m.
Tuesday, August 11, 2015 I 7:30 am. to 9:00 a.m.
Latino Educational Attainment
Thursday, August 13, 2015 I 9:00 a.m. to 10:30 a.m.
Cybersecurity Task Force
Friday, August 14, 2015 I 8:30 a.m. to 10:00 a.m.
Wednesday, August 19, 2015 I 7:30 a.m. to 9:00 a.m.
Committee meetings are open to OCBC members and invited guests only. All committee meetings are held at the OCBC offices unless otherwise specified. For more information on upcoming committee meetings for 2014 check out OCBC's Committees. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.
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