News: October 2021

Capitol Update – 10/18/2021

Which business costs will increase in 2022? Business costs such as insurance, health care and energy will rise next year, according to Kiplinger forecasts. In addition, some interest rates will inch up amid growth in GDP, consumer spending and wages, the forecasters predict. Full Story: Kiplinger  Brief … read more

Capitol Update – 10/11/2021

AB 416: Governor vetoes tropical deforestation bill (SBE / SRBX / CBA Opposed this bill and urged a Governor’s veto) California Gov. Gavin Newsom (D) today vetoed a bill that would have required businesses selling certain products to the state to prove they’re not contributing to … read more

SBE Awarded Safety Training Grant

Shasta Builders Exchange Awarded $142,000 Safety Training Grant Through the Occupational Safety and Health Administration Susan Harwood Training Grant Program On September 28, 2021, Shasta Builders Exchange learned that our application to expand our safety training program through the Susan Harwood Training Grant Program was … read more

Capitol Update – 10/04/2021

Initial jobless claims unexpectedly rise to 362,000 The number of Americans filing for first-time unemployment benefits rose to 362,000 in the week ended Sept. 25, according to the Labor Department. Analysts surveyed by Refinitiv were expecting the number of first-time filings to decline to 335,000. … read more

SB 727: Direct Contractors’ Liability Expanded to Include Damages and Penalties

(SRBX / Shasta Builders Exchange / CBA opposed this bill along with a large coalition including CBIA, CBPA, and many others) On September 27, 2021, Governor Gavin Newsom signed into law Senate Bill 727 by Sen. Connie Leyva (D-Chino), relating to the liability of direct contractors in … read more