Monday, May 19, 2014

Update on SB 1017, more

Santa Rosa Democrat-Noreen Evans' oil extraction bill coming up dry
“It ain’t over yet,” said Harrison “Jack” Tibbetts, a Montgomery High School graduate and senior at UC Berkeley who is leading a statewide coalition pushing for the tax.

Tibbetts on Monday was lining up supporters of SB 1017 to call the offices of Sen. Kevin de León, chairman of the appropriations committee, to urge the Los Angeles Democrat to move the bill out of the suspense file and put it to a vote on the Senate floor.

Still, Tibbetts conceded having doubts about the bill’s ultimate fate should it make it out of committee given that senate Democrats lost their two-thirds majority as a result of recent scandals involving two senators, who are on paid leave. The bill requires a two-thirds majority for passage.

Proponents of an oil tax say the battle is likely headed to the ballot box.

Tom Steyer, a billionaire former hedge fund investor turned environmentalist and political activist, earlier this month released results of a poll he commissioned showing that 81 percent of Californians support such a tax.

“If he does decide to run with it, you’ll find me hitting the pavement at Old Courthouse Square (in Santa Rosa) collecting signatures,” Tibbetts said.

Evans testified Monday during the committee hearing that the state is “at the point where we are no longer educating an entire generation of Californians.”

The Gov spoke at last Thursday's UC Regents meeting about his lack of enthusiasm(?) for SB 1017 with the UCSA rep- then he moved to the possibility of targeted disinvestment/divestment- and now this today at UC Davis: a demonstration calling on Gov. Jerry Brown to end hydraulic fracturing for oil and gas, before Brown's appearance before the University of California Giannini Foundation of Agricultural Economics conference

LA Times covered it

and Sac Bee
mini update on the above see this post on former CFO Taylor and his recent comments on divestment-- pls also note that it looks like Taylor still serves as an advisor on the UC Regent Investments Committee which is scheduled to meet on May 22.
and Calbuzz describes the bonkers.

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