The Leading Voice of Business in Orange County                                                                                   Tuesday, December 12, 2017
SHARK TANK'S ROBERT HERJAVEC KEYNOTES OCBC'S ANNUAL DINNER GAME CHANGERS - FEB. 8
Don't miss Orange County Business Council's 2017 Annual Dinner and Board Installation. The OCBC 2018 theme is "Game Changers: OC Leaders Transforming the World," and will feature Robert Herjavec, a dynamic entrepreneur and leading Shark on ABC's Shark Tank. Born in Eastern Europe, he arrived in North America on a boat with his parents after escaping Communism in the former Yugoslavia. In 2003, Robert founded Herjavec Group, and it quickly became one of North America's fastest growing technology companies. Today, Herjavec Group is recognized as a global leader in information security. For more info, contact Sabra Ritter, Director of Events. TIME: 5:30 to 8:30 p.m. DATE: Thursday, February 8, 2017  LOCATION: Hotel Irvine        

OCBC WELCOMES BYRON DE ARAKAL AS VICE PRESIDENT OF COMMUNICATIONS
Orange County Business Council is pleased to welcome Byron de Arakal as the organization's Vice President of Communications, effective Jan. 2, 2018. With 35 years experience in journalism, public relations and government affairs, de Arakal will work directly with OCBC President and CEO Lucy Dunn and the organization's board of directors to develop and implement an integrated, multi-platform communications strategy in support of OCBC's mission. "We are thrilled to welcome Byron to the OCBC team" said Dunn. "He is widely respected in Orange County and Southern California as a gifted communicator known for his common-sense approach to issues and policy development. His acumen for persuasive communications combined with his experience in land use and transportation will be instrumental in advancing our housing and mobility initiatives." CLICK HERE for the news release. For more information, contact Patty Conover, Director, Government Affairs. 
REGISTRATION
 OPEN FOR OCBC'S ONE VOICE, TWO CAPITOLS ADVOCACY TRIP - MARCH 12-13, 2018
Help make the voice of business heard and advance OC's competitive advantage by joining OCBC for the annual One Voice, Two Capitols Advocacy Trip to Sacramento Monday, March 12 to Tuesday March 13, 2018. Participate in targeted legislative meetings and unmatched networking opportunities with business and elected leaders. Hotels, meals, materials are all included. Sponsorship opportunities are available! For more information, contact Alicia Berhow, Sr. Vice President, Government Affairs. 
KEY ISSUES THAT MUST BE NEGOTIATED IN A SINGLE TAX REFORM BILL
Capitol - DC
With the passage of the House of Representatives' Tax Cuts and Jobs Act on November 16, and the passage of the U.S. Senate's bill, also titled the Tax Cuts and Jobs Act, on December 2, the goal is to 
have a single bill negotiated for President Trump to sign on or before Christmas. Key areas of importance to Californians include: preserving the State and Local Tax Deduction, without which could double the taxes of residents. Other areas to be negotiated include Corporate Tax Cuts would begin in 2018 under the House Plan and 2019 under the Senate's plan. OCBC asserts that 2018 would best, but there is understanding of potential revenue challenges; the Senate bill would leave the Mortgage Interest Deduction essentially unchanged whereas the House plan would only allow borrowers to deduct interest on up to $500,000 in home loans; next, the House bill preserves the ACA's individual mandate while the Senate bill repeals it; while both the House and Senate bills cut corporate taxes and taxes on individuals, the House makes them permanent whereas the Senate bill only makes the corporate tax cut permanent, but the individual tax expires in 2025; there is discrepancy in the plans for the estate tax as the House Bill would allow for a doubling of the amount to be passed on and capitol gains from the selling of stocks would be tax free, while the Senate bill would allow up to $11 million to be passed on tax free; the House plan collapses the seven tax brackets into four, with the top tax rate at 39.5 percent, meanwhile the Senate place drops the highest tax rate to 38.5 percent; lastly, House and Senate bills both effectively repeal Section 409A of the Internal Revenue Code, which currently allows employees and other service providers to defer compensation earned in one year to future years to delay taxation. For more information, contact Alicia Berhow, Sr. Vice President, Government Affairs. 
OCBC INVESTORS NAMED AS OC'S TOP WORKPLACES 
Orange County Business Council was a sponsor of the 10th Annaul Orange County Top Workplaces Event Thursday night, which hosted a record-setting crowd of over 700 attendees. OCBC investor Experian North America was recognized as one of the top five workplaces in Orange County. OCBC investors recognized as honorable mentions included MemorialCare Medical Group, St. Joseph Health and Ytel. Employees nominated their companies, nonprofits, and government organizations an then took a survey to share what made their job so great. The 2017 survey hit its own record, with 140 workplaces making the list of honorees. CLICK HERE to read coverage from The OC Register, with a full list of winner. For more information, contact Natalie Rubalcava, Vice President, Investor Relations and Business Development.     
TURNING RED TAPE INTO RED CARPET SPOTLIGHT: CITY OF ANAHEIM 
Every year, OCBC honors public agencies for the good work they do to cut through red tape and remove barriers to economic development through its Turning Red Tape Into Red Carpet Awards program, sponsored by JPMorgan Chase. The City of Anaheim won the 2017 award for Business and Retention and Expansion with their Code Streamlining and Improvement Program. In order to reduce the regulatory burden on existing and prospective throughout the city, the Anaheim Planning and Building Department evaluate and amend the Zoning Code on a continuous basis in response to market and business trends. Over the past five years, this program has implemented numerous zoning code amendments to relax development standards, create flexibility, provide clarity, and streamline the development process. CLICK HERE to learn more about the awardees and winners for the 2017 Turning Red Tape Into Red Carpet Awards. For more information, contact Jocelin Jimenez, Director, Economic Development. 
SCOTT KAUFMAN NAMED SCNG EDITOR OF OPINION AND COMMENTARY COVERAGE 
Southern California News Group has appointed Scott Kaufman as Opinion Editor overseeing the editorial board and opinion content  across its 11 daily newspapers and websites. He succeeds Brian Calle, who accepted a position to lead operations at LA Weekly. Kaufman now reports to SCNG President and Publisher Ron Hasse. Previously, Kaufman served as deputy editorial editor for SCNG, and was public editor and an editorial writer at the Orange County Register. Earlier in his career, Kaufman was a general assignment reporter for the Santa Barbara News-Press. For more information, contact Natalie Rubalcava, Vice President Investor Relations and Business Development. 
OCTA, CALTRANS DISTRICT 12, AND OCBC'S LUCY DUNN HONORED AT WTS-OC ANNUAL GALA 
On December 7, WTS-OC, advancing women in transportation, held their annual gala at the Grand Californian Hotel in Anaheim.  Top honors went to OCTA for the Rosa Parks Diversity Leadership Award where 40 percent of all managers are women; Caltrans' District 12 for the Innovative Transportation Solutions Award for the Managed Lanes Feasibility Study and Managed Lanes Network Study; and OCBC's Lucy Dunn as "Woman of the Year."  Also honored were OCBC members Nossaman as Employer of the Year and Parsons engineer, Lara Carbuccia, as Member of the Year. For more information, contact Alicia Berhow, Sr. Vice President, Government Affairs.
OCTA, RCTC AND CALTRANS TO RECONSIDER 91/241 CONNECTION; TCA EXCLUDED  
241
On December 11, 2017, Orange County Transportation Agency, with the support of the Riverside County Transportation Commission-the franchise holders and master planners for SR-91 improvements and express lanes-voted to pause momentum on the Transportation Corridor Agencies' plans to add a direct connector from SR-241 to the SR-91 express lanes, to alleviate years (and miles) of back-up in that corridor. OCBC is troubled by this delay.  Inland Empire and Orange County economies are inextricably linked and other connections SR-55 and Ortega Highway are highly constrained. OCBC encourages OCTA to return to the table with Caltrans AND TCA to solve this problem ASAP. Other improvements needed between the two counties include new lane capacity, connections for I-15 and SR-91, as well as addressing congestion concerns for the City of Corona and SR-71. Innovation and creativity are the hallmarks of this region.  The board of OCTA agreed to add Caltrans to problem-solve this complex issue with OCTA and RCTC but failed to include TCA. OCBC contends this is a mistake that needs correction. For more information, contact Alicia Berhow, Sr. Vice President, Government Affairs.
OCTA HEARS PUBLIC COMMENT ON I-405 EXPANSION PROJECT
OCTA hosted a public hearing to obtain comments on the draft environmental document for the planned widening of the I-405 between I-5 and SR-55 through Irvine. The alternatives being considered for the 8.5-mile project include a no-build option that would keep the freeway as is, add either one or two regular travel lanes in each direction, adding in an auxiliary lane, or making operational improvements. Depending on which concept is approved, the project will likely cost between $225 and $245 million. Comments gathered from the public will be included and responded to in the final environmental document. OCBC has been a long-time advocate of the widening of the I-405 and supports the project getting underway. For more information, contact Alicia Berhow, Sr. Vice President, Government Affairs.
OCBC, GO-BIZ TO HOST CALIFORNIA COMPETES TAX CREDIT WORKSHOPS IN OC
Join OCBC and The Governor's Office of Business and Economic Development (GO-Biz) on Monday January 15 in Fullerton  for a workshop on the California Competes Tax Credit.  Small, medium and large businesses are encouraged to attend the workshop and receive instruction on how to apply for this tax credit program available from the State. Learn how your business can apply for millions in available new tax credits. This program is available to businesses of all sizes throughout California. This fiscal year there are $230.4 million dollars available in tax credits. Since its inception in 2014, 775 California businesses have been awarded $555.3 million in tax credits. The workshop and the program are both free and available to businesses of all sizes. If you are unable to attend you can always participate on any of the upcoming webinars. For more information, contact Jocelin Jimenez, OCBC Director.
CARB REPORT SHOWS CA TO MEET GHG REDUCTION, THOUGH NOT AS A RESULT OF POLICY
A recent report from the California Air Resources Board (CARB) indicates that California is on track to reach its 2020 emissions target - an outcome many considered wildly ambitious when it was first proposed more that a decade ago. Additionally, the California Public Utilities Commission issued a report indicating that the state's major utilities have met or will soon exceed the target of 33 percent clean electric energy by 2020. However, the report revealed that the reduction in GHG emissions were most likely not a result of the state's cap-and-trade program, but rather a result of weather conditions and the economy - such as California's emergence from an historic drought, as well as the Great Recession and global financial crisis.  The drought limited California's availability of hydropower resources, but with the extensive rain in Northern California, hydroelectric dams were able to go back online and resulted in less need for gas-fired power. As a result, the CARB report credited electricity generation for the biggest cuts last year and emissions from imported electricity dropped nearly 23 percent. Meanwhile, emissions from oil refineries, transportation fuels and cement plants increased slightly. For more info, contact Alicia Berhow, Sr. Vice President, Government Affairs. 
CALIFORNIA BARS USE OF CRIMINAL HISTORY IN HIRING DECISIONS, OTHER EMPLOYMENT NEWS
The California Fair Employment & Housing Council ("FEHC") recently approved revisions to regulations that restrict an employer's use of an applicant's or employee's criminal history in hiring and other employment decisions. These regulations specifically prohibit employers in California from using criminal history in employment decisions if doing so would have an "adverse impact" on individuals (who fall within a protected class, such as sex, gender, race, national origin, etc.) unless the employer can prove that criminal history is job-related and consistent with business necessity.  CLICK HERE to read the firm's article for more information or call John Barber or Chris Harmon in Lewis, Brisbois, Bisgaard & Smith's Costa Mesa office at 714/545-9200.
VIKKI SHEPP NAMED AS GIRL SCOUTS OF ORANGE COUNTY NEXT CEO 
Effective January 1, Victoria (Vikki) Shepp will serve as  next CEO of Girl Scouts of Orange County, succeeding Nancy Nygren, who retires as CEO at the end of the year. In this role, Shepp will work in partnership with the Board of Directors and executive team to lead the organization in creating the best leadership development experiences for all girls in Orange County and provide strategic direction and oversight to ensure operational excellence, financial stability and achievement of the organization's fundraising goals. Shepp will also work in partnership with Girls Scouts of the USA to carry out the national organization's mission and strategy and address charter commitments. For more more information, contact Natalie Rubalcava, Vice President, Investor Relations and Business Development. 
NEW CSUF'S SECOND STARTUP INCUBATOR AT THE IRVINE CAMPUS
On November 15, CSUF opened the doors to their second Startup Incubator. The new, 1,200 square foot incubator will choose local entrepreneurs for a six month residency. The facility on the university's Irvine campus houses space to provide coaching to entrepreneurs, host seminars and bring in experts to provide consults to the residents to help innovate, early stage startups with scalable business models. Upon graduation from the CSUF Startup Incubator, Residents will have made tremendous progress in launching their businesses. To date, the Placentia incubator has worked with 27 startups to help them go from concept to launch since it opened in January 2015. For more information, contact Jocelin Jimenez, Director, Economic Development. 
2017 CSUF INTERNATIONAL TRADE FORECAST REPORT RELEASED
CSUF's Center for economic Analysis and Forecasting released the 2017 International Trade Forecast Report.  Dr. Mira Farka and Dr. Adrian Fleissig provided an extensive analysis of merchandise export in the Southern California Region by total volume, by region and by main sectors. US exports were valued at $2.2 trillion last year supporting a total of 10.7 million jobs. Orange County's five largest trading partners in 2016 continue to be Mexico with $3.1 billion, Canada $2.2 billion, China $1.7 billion, Japan $1.6 billion and South Korea $0.9 billion. The leading region for merchandise exports from Orange County is Asia, which accounts for 44.9% of exports totaling in $7.8 billion in 2016. CLICK HERE to download the report.  For more information, contact Jocelin Jimenez, Director, Economic Development. 
IRWD RECOGNITION PROGRAM HELPS COMPANIES IMPROVE WATER EFFICIENCY 
Irvine Ranch Water District's WaterStar Business Recognition Program helps companies improve water efficiency, obtain financial incentives for efficiency improvements, and save money on water bills. The program is open to all IRWD commercial, industrial and institutional customers, including commercial landscape companies managing irrigation sites within the IRWD service area. Eligible businesses and institutions can apply for WaterStar Program Certification any time of year. Certification is good for three years. Businesses and institutions that obtain WaterStar Certification earn the use of the WaterStar logo for display, web posting and advertising, in acknowledgement of their conservation achievements. For details on how to obtain WaterStar Certification, visit rightscapenow.com and click on "Programs" or call IRWD's Allan Pascual at 949-453-5429. For more information, CLICK HERE. 
CYBERSECURITY CORNER: VERIFY SITES YOU VISIT ONLINE
Billions of people use the Internet every single day, and knowing how to stay safe while using it is vital. Always be sure to verify the sites you visit on the Internet. A certain amount of information such as your IP address and domain name is automatically sent when you connect. Websites can also track the pages you visit, determine the version of your browser and operating system, and even compromise files and passwords. The Cybersecurity Task Force recommends you to keep your operating system updated and patched, block pop-up windows, and set anti-virus and anti-spyware software and keep them updated. For more information, contact Jocelin Jimenez, Director of Economic Development.
MEMBERS IN THE NEWS
COMMUNITY EVENTS    
Pacific Chorale's Christmastime in the City - Sunday, December 17
Join Pacific Chorale for a holiday gala featuring jazzy holiday entertainment and live auction immediately following the Chorale's "Tis the Season!" holiday concert at the Renee and Henry Segerstrom Concert Hall. RSVP by December 6. Contact Pacific Chorale's Concierge at 714-662-2345 for more info.

Sugar Plum Fairy - December 3-24
Don't miss your chance to see Sugar Plum Fairy at South Coast Repertory. Tickets are currently on sale now, with shows playing until December 24. CLICK HERE to learn more.  

Trombone Christmas on the Walk - Saturday, December 16 
Head to Anaheim Garden Walk on Saturday, December 16 for Trombone on the Walk from 11 a.m. to 2 p.m. Enjoy special discounts from merchants, pose with your favorite holiday characters, and enjoy a Trombone Christmas Concert. CLICK HERE to learn more. 

German American Business Association 2018 Economic Outlook - Monday, January 8 
Join the German American Business Association (GABA) for the 2018 Economic Outlook with Dr. Mohammed El-Erian, Chief Economic Advisor to Allianz and former CEO of PIMCOEnjoy lunch with a spectacular view from the top floor of a Newport Center Drive high-rise, while getting an exclusive 2018 outlook of the global economy and the financial markets. CLICK HERE for more information. 

Orange County School of the Arts Foundation Presents: Creators and Innovators Speaker Series - Tuesday January 9 
Save the date for Creator and Innovator Speaker Series Tuesday January 9. The event engages influential and accomplished thought leaders in a forum designed to inspire, enlighten, inform, and entertain. For more information, CLICK HERE.

Become a Cox Scholar! Submit Your Application by the Deadline - Feb. 1
Graduating high school seniors can earn up to $5,000 to pursue their dreams of a college education. The application period just opened December 1, and will close February 1. CLICK HEREfor more info. 

Orange county Economic Forecast Hosted by Brea Chamber - February 1
Save the date for the Orange County Economic Forecast 2018 presentin Christopher Thornberg, Founding Partner of Beacon Economics, LLC and widely considered to be one of the nation's leading economists. CLICK HERE for more info. 
UPCOMING OCBC COMMITTEE MEETINGS: JANUARY
Advocacy and Government Affairs
Friday, January 5, 2018  I  9:30 to 11:00 a.m. 

Infrastructure 
Tuesday, January 9, 2018  I  7:30 a.m. to 9:00 a.m. 

Latino Educational Attainment 
Friday, January 12, 2018  I  9:00 a.m. to 10:30 a.m. 

Workforce Development
Wednesday, January 17, 2018  I  7:30 to 9:00 a.m. 

Cybersecurity Taskforce
Wednesday, January 31, 2018  I  7:30 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 2016 check out OCBC's Committees. For more information, contact  Natalie Rubalcava, OCBC Vice President of Investor Relations & Business Development. 
GET CONNECTED ONLINE WITH OCBC 
Do you tweet? Have a Facebook page or surf YouTube? Then follow the latest news and information from OCBCsocial media online. Follow us on Twitter. Like our Facebook page. Tune into our YouTube channel. Check out OCBC's blog: Dunn and Done. Or visit our newest website, LocationOC.com.

If you have questions on how to get connected with OCBC online, contact Patty Conover, Director of Government Affairs, at 949.794.7221 or pconover@ocbc.org.
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IS IT NEWS TO YOU? THEN IT'S NEWS WE CAN USE 
indicator
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OC's housing shortage affects workforce and economy
OC's housing shortage affects workforce and economy
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