VICA Weekly
Valley Industry & Commerce Association
May 6, 2022
In This Issue
  • VICA Victory: 32 Hour Work Week Bill Dies
  • Action Alert: Unfair Work Week
  • VICA Supports Recommendations to Fix Homelessness Crisis
  • VICA Supports the ACE ACT
"Small businesses are the beating heart of our city. They build our local economy by empowering entrepreneurship, fostering innovation, & creating job opportunities for Angelenos."
Los Angeles Mayor Eric Garcetti
Costly 32 Hour Work Week Dies
On Friday of last week, VICA secured another victory when a bill to institute a 32-hour work week died in the state legislature. VICA and its members have been fighting against AB 2932 (Low, C. Garcia), which would increase labor costs for businesses by approximately 20% and require business to pay employees overtime for any hours worked beyond 32 hours per week or 8 hours per day.

VICA is proud to continue its work advocating for businesses in the San Fernando Valley and is grateful for your continued support. Since the bill's inception, VICA has fought against it. CalChamber declared AB 2932 a "job killer" because the bill would significantly increases labor costs by imposing an overtime pay requirement after 32 hours and other requirements that are impossible to comply with, exposing employers to litigation under the Private Attorneys General Act (PAGA).
ACTION ALERT: Unfair Work Week Ordinance Will Return to the City Council
The Los Angeles City Council is threatening to bring the so-called "Fair Work Week" Ordinance back to the Economic Development and Jobs Committee, which will restrict employee schedules and increase business payroll expenses. Though we do not have an exact date for when this will be revived, we are urging our members to call committee members and express opposition, as they gave less than 48 hours notice when the ordinance was brought forward in February.

The Ordinance would require Los Angeles employers to provide employees with more stable and foreseeable hours. However, this ordinance is actually restrictive scheduling, imposing a one-size-fits-all system that threatens the flexibility of employees and employers.

Although the proposal currently lacks detail, we understand that the proposed ordinance would require retail employers to provide two weeks' advanced notice of employees' schedules, and be penalized for any changes made after the schedule is posted. The proposal is applicable to retail businesses with over 300 employees worldwide. 

Many employers already provide schedules in advance, but we remain concerned at the possibility of harsh penalties when unforeseen circumstances come up, such as employees calling out sick or a sudden business need for additional employees. Harsh penalties hurt employees, too: studies have found that most employees value the flexibility that employers are currently able to provide so they can pursue their studies or creative opportunities.

To express your opposition, call the Economic Development and Jobs Committee members:





Sacramento Two-Day
Advocacy Trip
VICA, in partnership with the Greater San Fernando Valley Chamber of Commerce, invite you to an exclusive two-day Sacramento advocacy trip.

Details as follows:
June 1 - June 2

Trip Agenda
Wednesday, June 1
  • CalChamber Capitol Summit (10:00 AM - 1:15 PM)
  • VICA Delegation Meetings
  • Sacramento Host Reception (5:30 - 7:00 PM)
  • The Host Reception is a networking opportunity for California business leaders from all industries to discuss key issues facing our great state with their elected officials.
  • VICA Delegation Dinner (Optional)

Thursday, June 2
  • 96th Annual Host Breakfast with Governor Gavin Newsom (7:30 - 9:00 AM)
  • VICA Delegation Meetings

The cost of the trip is $215, which includes CalChamber Capitol Summit registration, reception, breakfast, lunch, VICA delegation meetings, VICA dinner, and group transportation between airport and Capitol (if at similar times). Cost of flight and hotel are not included.

For more information or to register, please email or call 818.817.0545.
No Refunds after May 20, 2022.
Click the image to learn more and apply today!
VICA Thanks Our New and Renewing Members
New Members:
  • Birdi Systems, Inc.
  • Cerrell Associates
  • MEND
Renewing Members:
  • Envicom Corporation (2021)
  • LBW Insurance and Financial Services (2007)
  • Lamar Advertising of Los Angeles (2009)

VICA Supports Blue-Ribbon Commission Recommendations to Fix Homeless Crisis
VICA supports the implementation of the Blue-Ribbon Commission on Homelessness’ Recommendations motion. The Commission makes seven recommendations to authorize and support local leaders in their tackling of the local homelessness crisis.

The Blue-Ribbon Commission’s overall recommendation that the County strengthen its involvement of cities and Councils of Government by establishing multi-year local solutions fund for jurisdictions that commit to providing in-kind or matching contributions for the development of service programs and/or housing is critically needed. 
Additionally, the recommendations that address revamping homeless services’ governance are essential. Accountability and a lead entity are entirely missing in our region’s current approach to coordinating a complicated array of homeless services. 
We strongly support this motion and believe that the seven recommendations named within it will result in significantly improving the efficacy and timeliness of helping people experiencing homelessness. 
Our local taxpayers deserve to see their dollars at work in their own communities. 
VICA SFV Business Hall of Fame
Friday, June 10 | 5:30 PM
Sheraton Universal Hotel

VICA invites you to the San Fernando Valley Hall of Fame Dinner.
Join VICA members, business leaders and officeholders, as we celebrate recognized businesses during a reception, program, dinner and dessert.
VICA After Dark: LAFD Chief Kristen Crowley
Thursday, June 23 | 5:30 PM
FIVE on the Hill

VICA After Dark is a regular evening reception designed to give VICA members and guests the opportunity to hear updates about policies impacting the business community from a featured opinion leader and network with other prominent business leaders from the community.
This Week Ahead
Transportation Committee
Tuesday, May 10
8:30 - 10:30 AM
Hosted at The Garland
Energy, Environment, Manufacturing & Utilities Committee
Sponsored by MWD
Wednesday, May 11
12:00 - 1:30 PM
VICA Office
Save the Date
May Sacramento Advocacy Day
Tuesday, May 17
All Day
Sacramento, CA
Government Affairs Committee
Wednesday, May 18
12:00 - 2:00 PM
VICA Office
VICA Supports Accelerating Charitable Efforts
VICA officially supports S. 1981 (King), the Accelerating Charitable Efforts Act (ACE), which would modify existing rules relating to donor advised funds (DAFs), change rules for the excise tax on undistributed income of private foundations, and exempt certain private foundations from the excise tax on investment income.

The ACE Act would amend the Internal Revenue Code by mandating a private foundation to include in its annual return the amount of any contribution to a sponsoring organization, the sponsoring organization to which such contribution was made, and the donation advice given to such organization.

America’s philanthropic sector is an unquestioned force for good across the globe, investing critical resources in charities working to improve conditions for those in need. These benefits are why the federal government offers tax incentives to Americans who give back, but in order to ensure that these funds are doing the most possible good, we must reform the rules that govern some charitable donations.

Under current rules, donor-advised funds and private foundations allow some to receive tax breaks for donations that never actually reach working charities. Working charities do so much good in America and abroad, and they operate on the goodwill and donations of those who can give. Even so, charitable dollars ought to be doing the good for which they were intended, not sitting stagnantly to provide tax advantages for some and management fees for others. These reform measures will ensure that the incentives for charitable giving result in money going to charities.
VICA in the News
Hot News
Forgivable Equity Builder Loan
California state officials in April launched a new program that lets first-time homebuyers borrow a down payment at a 0% interest rate. The program, the Forgivable Equity Builder Loan, provides forgivable loans to homebuyers for up to 10% of the home’s purchase price. “We have to use every tool in our toolbox to tackle the housing affordability crisis head-on,” Gov. Gavin Newsom said in an April statement announcing the program. If the homebuyer stays in the home for five years, they won’t have to repay the junior loan, according to the California Housing Finance Agency. Borrowers may, however, have to pay back a portion of the loan if they stay in the home for less than five years, officials said. The loan has an interest rate of 0%, according to the California Housing Finance Agency.

California, which has a economy larger than all but four countries and where much of the world’s technological innovation is born, on Wednesday became the first state to formally begin examining how to broadly adapt to cryptocurrency and related innovations. Following a path laid out by President Joe Biden in March, Gov. Gavin Newsom signed an executive order for state agencies to move in tandem with the federal government to craft regulations for digital currencies. It also calls for officials to explore incorporating broader blockchain computer coding into the government operations. Evolving blockchain and cryptocurrency technology “is potentially an explosive creator of new companies and new jobs and new opportunities,” said Dee Dee Myers, a senior advisor to Newsom and director of the Governor’s Office of Business and Economic Development.

From the stadium to the sea, the Los Angeles Dodgers unveiled plans Tuesday for this summer’s MLB All-Star Game, the franchise’s first time as host in 42 years.
Dodger Stadium had been scheduled as the site in 2020 before the COVID-19 pandemic shortened the schedule and the game was canceled. Last year’s game was played in Denver. The stadium, LA Live in downtown Los Angeles and the Santa Monica Pier located 18 miles west of Chavez Ravine will be the backdrops for events starting July 15. “No city and no city’s fans have supported their team like the Dodgers’ fans have,” team President Stan Kasten said. “They are hungry for this game and they are very excited that we are finally going to have it.” The All-Star Game is July 19.

Population Decline
The nation’s most populous state is shrinking. California’s population declined again in 2021 for the second consecutive year, state officials said Monday, the result of a slowdown in births and immigration coupled with an increase in deaths and people leaving the state. With an estimated 39,185,605 residents, California is still the U.S.’s most populous state, putting it far ahead of second-place Texas and its 29.5 million residents. But after years of strong growth brought California tantalizingly close to the 40 million milestone, the state’s population is now roughly back to where it was in 2016 after declining by 117,552 people this year.
California’s population growth had been slowing even before the pandemic as baby boomers’ aged, younger generations were having fewer children and more people were moving to other states. But the state’s natural growth — more births than deaths — and its robust international immigration had been more than enough to offset those losses.
Member Spotlight
Are you interested in a Membership Spotlight?
Answer the below questions, send responses and a professional photo,
and we'll ensure your in the line up for 2022!

Please keep each question response to 2-4 sentences maximum.

  1. Please share a bit about your background and a fun fact that people would love to learn, ie: scrapbooking is your favorite hobby, you were in a band, you have traveled around the world…  
  2. What has been your organization’s largest accomplishment or efforts made over the past year? 
  3. Please share how VICA has supported your business strategy or expanded your footprint with the business community?  

Send responses and headshot to Peter Warda
Member Messages
Member Messages
Get Your Message in VICA Weekly!
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 or call (818) 817-0545.
Presenting the business perspective on behalf of employers in the
San Fernando Valley cities of Los Angeles, Burbank, Glendale, Calabasas,
Hidden Hills, San Fernando and Santa Clarita.