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CalChamber Backs Two Proposed Water Bonds

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The California Chamber of Commerce Board of Directors recently voted to support two proposed water bond measures, an initiative aimed at the November 2018 ballot, and a legislative proposal slated for the June 2018 ballot. Initiative Bond Proposed for the November 2018 ballot is an initiative bond act (17-0010), the State Water Supply Infrastructure, Water Storage and Conveyance, Ecosystem and Watershed Protection and Restoration, and Drinking Water Protection Act of 2018. It is an $8.877 billion state general obligation bond law to finance various infrastructure projects and fund improvements to water safety and quality, watershed and fisheries, habitat protection programs, water conveyance, groundwater sustainability and storage, and surface water storage and dam repairs. The bond is needed because it provides critical funding that will help create sustainable water management in the state. Gerald Meral (left), director of the Natural Heritage Institute, and Jay Ziegler, director of external affairs and policy for The Nature Conservancy, outline the merits of water bond proposals for the CalChamber Water Resources Committee on December 7. Meral’s bond initiative is proposed for the November 2018 ballot. The SB 5 bond is on the June 2018 ballot. The CalChamber supports both bonds. Specifically, the measure: • Provides [...]

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