Building our Economy

• Championed reinstating Net Operating Loss (NOLs) tax credits and Research and Development (R&D) tax credits helping California small businesses and our local economy.

• Led coalition to provide Inflation Relief, resulting in the Middle Class Tax Refund sending back up to $1,000 to every California family.

• Passed a State Budget focusing $47 billion towards infrastructure Investment building schools, transportation, housing.

• Secured Funding to start Engineering School at CSU Channel Islands, a critical need identified by the local business community

• Created the University of California Innovation and Entrepreneurship Initiative, with initial funding of $22 million in 2016. The program encourages the UC to convert research and science into products that benefit society. This CalChamber “Job Creator”, resulted in a return on investment of over 14 times, enabling over 1,000 start-ups and at least 529 product launches from UC research.