CALIFORNIA | LOCAL
June 11, 2009 | By GEORGE SKELTON
Bill Lockyer has some simple, blunt advice for Democratic legislators struggling to make painful budget cuts: Just assume you're not going to get reelected. Then dig in and slash. Democrat Lockyer -- the state treasurer, former attorney general and longtime legislator who was Senate leader -- has experienced many budget brawls, but never a deficit hole as seemingly bottomless as this. Never before has the state staggered so desperately from crisis to crisis.
BUSINESS
May 14, 2009 | By Tom Petruno
California Treasurer Bill Lockyer on Wednesday formally requested federal help to backstop a wave of short-term borrowing the cash-strapped state will need to undertake this summer. In a letter to U.S. Treasury Secretary Timothy F. Geithner, Lockyer asked the government to in effect guarantee the state's debt against default, so that investors would be willing to provide the financing at reasonable interest rates.
BUSINESS
October 9, 2008 | By Marc Lifsher
A new federal program designed to ease credit by purchasing short-term business debt probably won't be available to California and other beleaguered state and local governments, Treasurer Bill Lockyer said Wednesday.
BUSINESS
July 1, 2008
The company that built the first mass-produced, all-electric car will keep its manufacturing plant in California, thanks to a new tax break. Gov. Arnold Schwarzenegger and state Treasurer Bill Lockyer worked out the deal for Tesla Motors Inc. after learning that the Silicon Valley company intended to build its second-generation vehicle in New Mexico. The financial break, announced Monday, allows Tesla to avoid paying state sales tax on equipment it buys to build its Model S.
CALIFORNIA | LOCAL
April 7, 2008 | By GEORGE SKELTON
California Treasurer Bill Lockyer is embarked on a little-noticed, nerdy but noble crusade. He's trying to stop Wall Streeters from gouging state and local governments. That means state and local taxpayers. They're the ones getting fleeced when their governments issue bonds -- borrow -- to build roads, schools, water facilities and other public works.
CALIFORNIA | LOCAL
October 4, 2007 | By George Skelton
Sacramento Whether or not state Treasurer Bill Lockyer runs for governor, he doesn't intend to make the same fatal political mistake that his predecessor did: become the Democrats' loudest advocate for a tax increase. A state treasurer doesn't have an ounce of power to raise taxes, Lockyer notes. That's a function of the dysfunctional Legislature and governor. So why should a treasurer try to lead a crusade for higher taxes?
BUSINESS
June 5, 2007 | By Marc Lifsher
State Treasurer Bill Lockyer is about to launch the first campaign urging people to Buy California. No, the state's top money man isn't referring to locally grown corn or nectarines at state-sponsored farmers markets but to $5,000 lots of tax-free California municipal bonds that will finance the construction of highways, bridges, schools and other public works for decades to come.
BUSINESS
December 8, 2006 | By James S. Granelli
Hewlett-Packard Co.'s settlement of a lawsuit stemming from the spying scandal that rocked the Silicon Valley icon could set new standards for corporate behavior and strengthen enforcement of privacy laws, legal experts said Thursday. HP agreed to pay $14.5 million to settle the case brought by California Atty. Gen. Bill Lockyer accusing the computer maker of unfair business practices in its efforts to root out the source of boardroom leaks to the media.
OPINION
December 1, 2006
HE HAD US, then he lost us. Atty. Gen. Bill Lockyer had a sensible response to a lawsuit challenging Proposition 83, which bans sex offenders from living within 2,000 feet of a school or park. Lockyer ruled that the residence restriction in the initiative known as Jessica's Law wouldn't apply to offenders who already had completed their sentences before Nov. 7, when voters overwhelmingly adopted the new law. That's smart.
CALIFORNIA | LOCAL
October 29, 2006 | By Paul Pringle
Energy companies, loggers and automakers have felt the wrath of California Atty. Gen. Bill Lockyer. So have sexual predators and civil rights violators. But fellow politicians suspected of corruption? Not so much. During his nearly eight years as the state's top law enforcement authority, Lockyer has prosecuted just a handful of elected officials on corruption charges, the most prominent being a San Bernardino County supervisor.