Gov. Brown Signs Housing Package Bills That Hurt Small Business

Date: October 17, 2017

Gov. Jerry Brown approved Senate Bills 2, 3, and 35, which overburdens small business owners.

Gov. Jerry Brown finalized three bills—as part of an affordability housing package—that raise taxes and labor costs, and restrict small business growth. Gov. Brown signed Senate Bills 2, 3, and 35 in attempts to manage California’s housing affordability crisis, according to the Los Angeles Times.

Senate Bill 2 imposes a $75 to $225 fee on real estate transactions and Senate Bill 3 borrows $4 billion in order to pay for new subsidized housing developments for low-income Californians. Senate Bill 3 could end up costing taxpayers around $8 billion, according to NFIB California State Executive Director Tom Scott. Senate Bill 35 “fails to streamline or reform a single regulation while decimating local control, on top of mandating prevailing wage,” said Scott.

Gov. Brown failed small business owners by approving taxes and burdensome labor costs.

Related Content: News | State | California | Labor | Regulations | Taxes

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