Prop 39, the California Clean Energy Jobs Act, will require multi-state companies doing business in California to pay taxes based on in-state sales. This change recover $1 billion a year in lost revenues, providing increased increased funding to vital state programs–including the environment.
In addition, for the first five years, Prop 39 dedicates a portion of the new revenues to energy-efficiency programs which will create jobs and reduce the state’s long-term energy costs. This new investment will generate 20,000 to 30,000 new construction-related jobs with direct investment in energy-efficiency and clean-energy projects.
For more information on Prop 39, visit www.YesonProp39.com.