Press Releases

Tuesday, June 6, 2017

Sacramento -Assemblymember Sebastian Ridley-Thomas released the following statement on the introduction of AB 1210- BOE Reform:

"As Chair of the Assembly Committee on Revenue and Taxation, I have taken great interest in the administration of taxes, and I have been deeply concerned about the operations of the Board of Equalization.

The Board of Equalization has had no shortage of challenges, and the findings of State Controller Betty Yee’s report, and the Department of Finance’s evaluation have not inspired confidence in this institution.

Friday, June 2, 2017

Sacramento -Assemblymember Sebastian Ridley-Thomas released the following statement on the future of Climate Change Policy:

"Climate change remains a global threat, which makes the extension of California’s Cap-and-Trade program vital for our future. As the Legislature debates the future of climate change policy, Greater Los Angeles must receive an equitable share of funding to improve green investments and reduce greenhouse gas emissions. Southern California is home to nearly half of the state’s population, but has received roughly 30 percent of the funding available. Greater Los Angeles, and specifically my constituents, have been shortchanged and I will no longer support any proposal that does not promote equity, inclusion, and relief for the people I represent."

 

Tuesday, May 16, 2017

Sacramento -Assembly Revenue and Taxation Committee Chair Sebastian Ridley-Thomas (D-Los Angeles) released the following statement on Assembly Bill 71:

"Assembly Bill 71 is a step in the right direction, but more must be done to address California's housing crisis.  There are many segments of our society, including Millennials, who find themselves frozen out of the housing market.  We, as a state, must do all we can to address this inequity.  New homeownership not only benefits first time homebuyers, but works to stabilize local property tax revenues as well.  As AB 71 progresses through the legislative process, I am committed to ensuring that homeownership becomes an attainable goal for all.  I look forward to working with Assemblymember Chiu and other Members of the Legislature to find solutions that work for California."

Friday, May 12, 2017

SACRAMENTO —Assembly Revenue and Taxation Committee Chair Sebastian Ridley-Thomas (D-Los Angeles) released the following statement on Governor Edmund G. Brown Jr.'s 2017 May Revision Budget Proposal:

“While the Governor’s revised budget seeks to restore some of the funding that was slated to be eliminated in his January proposal, like funding for the Coordinated Care Initiative, additional solutions must be sought and considered to address the needs of low- and moderate-income families.

Thursday, April 27, 2017

SACRAMENTO- Assemblymember Sebastian Ridley-Thomas released the following statement at the announcement of the federal tax reform proposal:

 Our primary focus is on a fair tax system that supports economic growth, reduces income inequality and benefits taxpayers. Multiple plans are forming, but chief priorities for the vitality of the Golden States’ economy are keeping the federal deductions Californians enjoy in their payment of state and local taxes (SALT) and continued authorization for tax exempt public debt.

Wednesday, April 26, 2017

Sacramento- Assemblymember Sebastian Ridley-Thomas released the following statement on Assembly Bill 252:

“I remain committed to protecting taxpayers and promoting fairness in application of existing levies. Assembly Bill 252 begins a serious dialogue about taxation for a twenty-first century economy. I intend to see the proposal through in conversation with taxpayer advocates, local governments, and industry. No less than the future of the innovation economy and fair taxation is at stake.”

Friday, April 7, 2017

Sacramento - Assemblymember Sebastian Ridley-Thomas released the following statement after voting for Governor Brown’s $52 Billion Transportation Package that would repair California’s crumbling roads, rails and bridges over the next 10 years: