Contact: ?Jean Munoz ???????????????????????FOR IMMEDIATE RELEASE
???????????????916-447-8186 ???????????????????June 21, 2001


 

State Board of Equalization Decision Stands in the Way of New Power Supplies 
Decision opposed by local governments, tax-payers



???The State Board of Equalization voted 5-0 Wednesday to usurp local control 
over tax assessments of electrical corporations . undermining current local 
incentives to welcome and site desperately needed power supplies in 
California. 

???"This decision defies logic . creating yet one more barrier, and more 
uncertainty, for developers proposing to build desperately needed electricity 
generation in California," said Jan Smutny-Jones, Executive Director of the 
Independent Energy Producers Association. ?

???The Board?s action, if not found unconstitutional, removes many of the 
incentives local governments have in siting new power plants by shifting 
assessment authority from local governments to the state . potentially 
distrupting the traditional revenue flow to local communities. ?

???This change was opposed by all the host local communities, the California 
Tax Assessors Association, the Kern County Tax Assessors, the Los Angeles Tax 
Assessors, and Cal-Tax.
 

 
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