"As a business person, uncertainty is the worst...[the German government] doesn't know where [this Administration] is going, and that makes life very hard.
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- German Consul General Hans
Jörg Neumann in Los Angeles at VICA's International Trade Committee
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VICA Adopts Guiding Principles on
Federal Tax Reform
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Yesterday, the U.S. House of Representatives passed H.R. 1, the Tax Cuts and Jobs Act. VICA has written to our representatives in the House and the Senate to express our strong concerns about certain aspects of the proposal. Although VICA supports the intent of the federal tax reform proposals to empower businesses to compete globally and drive forward the American economy, we do not support the proposals as currently drafted. They disproportionately place the burden of paying for corporate tax decreases on the backs of California families. VICA is especially concerned about the elimination of the state and local tax (SALT) deduction for state income taxes, and the elimination of tax-exempt status for private activity bonds (PABs), which are critical to investment in infrastructure and affordable housing. As the Senate version has significant differences from the House version, we hope there is opportunity for our Congressmembers and Senators to make tax reform work for California families and businesses.
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California State Senator
Henry Stern
Monday, November 27, 2017
5:30 - 7:30 p.m.
Vitello's, 4349 Tujunga Ave., Studio City
California State Senator Henry Stern is a sixth-generation Californian and native of
Senate District 27. Prior to his election, Stern worked as a senior policy advisor to former California State Senator Fran Pavley.
Senator Stern has also lectured at UCLA and UC Berkeley, and is an alumnus of Harvard University and UC Berkeley Law. He sits on the Elections and Constitutional Amendments; Environmental Quality; Energy, Utilities and Communications; Judiciary; and Natural Resources and Water Committees.
Join VICA members and guests for hosted drinks and appetizers as they meet and interact with other prominent business leaders in the community. VICA After Darks are complimentary to VICA members.
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Purchase Tickets for VICA's 68th Annual Meeting today!
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Friday, December 8, 2017
11:30 a.m. - 2 p.m.
Warner Center Marriott
21850 Oxnard St, Woodland Hills
$150 - Members ($200 for non-members)
The 2018 Board of Directors and 2018 Executive Committee will be sworn in at the Annual Meeting. Please see below for the slate.
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New City Ordinance Takes Cost-Effective Approach to Alleviate Homeless Issue
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VICA supports the Permanent Supportive Housing (PSH) Ordinance, which would streamline the approval process for projects that include 100% affordable units, with at least 50% set aside for homeless residents. Projects would be required to be linked to onsite or offsite supportive services. Currently, only 300 PSH units are constructed annually. According to the City of Los Angeles' Comprehensive Homeless Strategy, a total of 1,000 PSH units should be constructed every year in order to house the City's homeless population. Producing more PSH units will help a greater number of individuals experiencing homelessness receive services such as mental health treatment, addiction therapy, and vocational training. This is a far more cost-effective response to homelessness than other alternatives. Cost studies in six different states and cities found that supportive housing results in direct public system savings due to the reduction of tenants' use of expensive homeless shelters, hospitals, emergency rooms, jails and prisons. The ordinance is scheduled to go before the City Planning Commission on December 14.
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German Consul General Hans J
örg Neumann, Jeffery Daar (Daar & Newman), and Committee Sponsor Claudette Moody (WSP-USA).
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International Trade Committee (11/13)
Sponsored by
WSP USA
The German Consul General for Los Angeles, Hans Jörg Neumann, joined the International Trade Committee for a frank and wide-ranging discussion on US-German relations, and the role of California on the world stage. The discussion was
sponsored by
WSP-USA.
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Member Messages:
Get Your Message in VICA Weekly!
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VICA members can promote their business, events and news in VICA Weekly. Member messages are available for $50 per week or $175 for four weeks. Messages are text-based and may not contain more than 70 words. A logo may be added for an additional $5 per week. For more information or to schedule your member message, contact
[email protected]
or
call (818) 817-0545.
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