State Legislators Tour Wholesale Vehicle Auction to Understand Business, Local Economic Value
RIVERSIDE– To demonstrate the economic value that wholesale vehicle auctions provide to the local economy, Manheim hosted an auction visit and tour of Manheim Riverside for Assemblymember Jose Medina (D-Riverside) and Senator Richard D. Roth (D-Riverside) on Tuesday, Oct. 21. Manheim Riverside was established in 1988 and is part of Manheim, the leading provider of vehicle remarketing services.
“State-of-the-art facilities, such as the one Manheim operates here in the district, are a beacon to the local economy,” Assemblymember Medina said. “Employing and providing hundreds of workers with 21st century training not only helps advance the purchasing power for themselves and their families, but positively impacts the economic vitality of the region as a whole.”
Award will Bring Additional Services to Small Businesses
RIVERSIDE—Assemblymember Jose Medina (D-Riverside) released the following statement today regarding the Governor’s Office of Business and Economic Development’s (GO-Biz) allocation of $2 million to the California Small Business Development Centers (SBDC), in order to enhance opportunities for growth and access to capital for small businesses.
“SBDC’s have been leaders in providing small business owners and entrepreneurs with the tools necessary to become successful in today’s challenging economic climate,” said Assemblymember Medina, Chair of the Jobs, Economic Development, and the Economy Committee. “The allocation of $2 million is an important step forward in ensuring local SBDCs receive the money they need to continue to be the state’s economic drivers.”
Since being elected to office, Medina has continued to build and maintain ongoing relationships with GO-Biz and the SBDCs, understanding the immense impact they have on the vitality of small business development in the district and California overall.
Assemblymember Medina has hosted various small business resource events, which featured business partners in the community, including representatives from the local SBDC and GO-Biz, to help inform small business owners of the diverse services the state has to offer for small business assistance. These ongoing collaborative efforts help maintain and create policies that advocate for the needs of small businesses.
SACRAMENTO –AB 1399, jointly authored by Assemblymember Jose Medina (D-Riverside) and Assemblymember V. Manuel Pérez (D-Coachella), was vetoed by Governor Edmund G. Brown, Jr. AB 1399 would have established a California New Markets Tax Credit (NMTC) for the purpose of stimulating economic development and private investment in the lowest-income, underserved communities in California.
“I am very disappointed in the Governor’s veto, which represents the potential loss of over $500 million in private capital for California,” said Medina, Chair of the Assembly Committee on Jobs, Economic Development, and the Economy. “The NMTC program is a proven tool for the lowest income areas nationwide. I look forward to working on and revisiting this very critical issue.”
Helping underserved communities
SACRAMENTO –AB 1399, jointly authored by Assemblymember Jose Medina (D-Riverside) and Assemblymember V. Manuel Pérez (D-Coachella), establishes a state New Markets Tax Credit (NMTC) Program for the purpose of stimulating economic development and private investment in low-income, underserved communities in California.
“Inequality has dramatically increased in the past several decades in California,” said Medina, Chair of the Assembly Committee on Jobs, Economic Development, and the Economy. “This economic disparity has social and economic consequences in the state and directly challenges the state's global competitiveness and long-term success. The California New Markets Tax Credit addresses this challenge using a proven community development model.”
SACRAMENTO –Assemblymember Jose Medina’s (D-Riverside) legislation focused on regulatory reform is heading to Governor Edmund G. Brown, Jr for signature.
“California must continue to prioritize job creation,” said Medina, Chair of the Assembly Committee on Jobs, Economic Development, and the Economy. “These bills promote businesses and employment opportunities, which in turn continues to build the way toward a strong economy.”
AB 2022 is a measure aimed at stimulating economic growth and employment opportunities in distressed areas throughout California.
AB 2723 addresses small business regulatory reform by taking into account the costs of major regulations on the state’s smallest businesses.
Both bills passed through the general Assembly and are now headed to the Governor.
CONTACT: Ava Sanchez (916) 319-2061
SACRAMENTO –Legislation by Assemblymember Jose Medina (D-Riverside), promoting small and family owned businesses, is heading to Governor Edmund G. Brown, Jr.
“Small businesses are the backbone of our state’s economy,” said Medina, Chair of the Assembly Committee on Jobs, Economic Development, and the Economy. “By identifying family owned businesses, we can begin to promote their distinct qualities and strengths.”
International Trade Changes Forever
Assemblymember Jose Medina at the reception commemorating the Panama Canal
SACRAMENTO –Assemblymember Jose Medina (D-Riverside), Chair of the Assembly Jobs, Economic Development, and the Economy Committee hosted a reception to commemorate the 100th anniversary of the completion of the Panama Canal.
“Having attended high school in the Panama Canal Zone, I am honored to commemorate the centennial of the Panama Canal,” said Assemblymember Jose Medina. “I recognize the integral economic impact and beneficial trade relationship that exists between California and Panama.”
The completion of the Panama Canal spurred international trade and innovation. With the foresight of this project, there has been an increase in international trade, strengthened global goods movement network, and a rise in new investments by foreign businesses and entrepreneurs to California’s economy.
Assemblymember Medina authored House Resolution 44, which acknowledges the benefits of this project and the trade relationships between California and Panama. Last month, Medina presented House Resolution 44 to the National Assembly of Panama as well as the Ministry of Foreign Affairs of Panama, during a Central American delegation of state lawmakers.
Highlights the economic and trade related contributions
SACRAMENTO—Assemblymember Jose Medina (D-Riverside) released the following statement today regarding the introduction of Assembly House Resolution 44, a resolution which commemorates the 100th anniversary of the completion of the Panama Canal:
“I am honored to present H.R. 44 to the whole Assembly today and recognize the vast accomplishments made 100 years after the completion of the Panama Canal” said Assemblymember Medina, Chair of the Jobs, Economic Development, and the Economy Committee. “As a high school student in the Panama Canal Zone, I saw firsthand the ships move goods through the Canal. I am grateful to be able to introduce this resolution which celebrates the unique and beneficial relationship between the United States and Panama.”
Assemblymember Medina proudly represents California’s 61st Assembly District, which consists of Riverside, Moreno Valley, and Perris.
Website of Assemblymember Jose Medina: http://asmdc.org/Medina
(L to R) of the owner of Star Milling Company, Paul Cramer, Assemblymember Jose Medina, and his father Bill Cramer.
SACRAMENTO –Assemblymember Jose Medina (D-Riverside) honored Star Milling Company of Perris with the 2014 Small Business of the Year award for the 61st Assembly District. Star Milling Company manufactures nutritious, high-quality animal feed that is sold in stores throughout the western United States.
“As Chair of the Assembly Jobs, Economic Development, and the Economy Committee, I am honored to recognize family owned and operated Star Milling Company,” Medina said. “Serving the region for over 40 years, Star Milling Company continues to have a personal commitment to quality and good manufacturing practices.”
SACRAMENTO—Assemblymember Jose Medina (D-Riverside) released the following statement today regarding Governor Brown’s May Revision:
"Today's May Revision to the budget builds on the Assembly Democrats Blueprint put forth earlier this year,” said Assemblymember Medina, Chair of the Jobs, Economic Development, and the Economy Committee. “I am pleased with the Governor’s commitment to establishing a Rainy Day Fund to help ensure California’s economic stability. Our state’s economic outlook improves when we help stabilize our fiscal house. However, I believe In-Home Supportive Services proposed cuts should be reconsidered, as it has sustained many in recent years. I will be looking into these and other issues in more detail and look forward to working with my colleagues to deliver an on-time, fair, and balanced budget."