Press Release: AB 71 Passes Assembly Revenue and Taxation Commmittee
FOR IMMEDIATE RELEASE
April 19, 2021
Contact: Nick Day | (612) 396-2908 | [email protected]
AB 71 Passes Assembly Revenue and Taxation Committee
Bring California Home Coalition Celebrates Historic Win for Fighting Homelessness in California
Today, the Bring California Home Coalition released a statement following the vote in favor of AB 71 in the Assembly Revenue and Taxation Committee:
“This is a historic day for California. In the midst of a pandemic that has pushed thousands of Californians into homelessness, adding to the urgent homelessness crisis we have faced in our state for decades, the Assembly Revenue and Taxation Committee voted for change. Our bold statewide approach to fighting homelessness is well on its way to becoming the law of the land in California.
Today’s successful vote is proof that California leaders from across the state agree: our piecemeal, on-again, off-again approach to combating homelessness isn’t working. While certain one-time programs have been successful at stemming the bleeding, we have not made consistent progress in reversing the cycle of homelessness overall. Now more than ever, we need to re-envision our approach and bring California together.
AB 71 is a commonsense proposal that would create new revenue to fight homelessness simply by asking major corporations to pay their fair share in taxes — instead of shifting profits overseas to avoid them. It is a pro-business measure that comes at no cost to individuals — crucial as we rebuild our economy from COVID-19.
We’re thrilled that the Revenue and Taxation Committee recognized the immediacy of our homelessness crisis, and the sustainability of this measure. We look forward to the Assembly Housing and Community Development committee hearing in the coming weeks, where we are more confident than ever of this bill’s passage.”
Bring California Home, a coalition of elected officials and advocates from across California is supporting AB 71. For more information about the coalition and the plan to reverse the cycle of homelessness, visit www.bringcahome.org.
###