BUSINESS
May 19, 2012 | By Marc Lifsher and Alejandro Lazo, Los Angeles Times
SACRAMENTO - Efforts to ease California's foreclosure woes, among the worst in the nation, are running into roadblocks at the state Capitol. A rare legislative conference committee called to rescue a pair of stalled foreclosure-prevention bills is bogged down in marathon sessions. Meanwhile, Gov. Jerry Brown is pushing to use some of California's share of the $25-billion national mortgage settlement to plug holes in the state's budget, dismaying housing activists. Since the start of the real estate bust, foreclosures have been a persistent drag on the state's homeowners and economy.
CALIFORNIA | LOCAL
May 18, 2012 | By Patrick McGreevy, Los Angeles Times
SACRAMENTO - Twenty-two years after California became one of the first states to limit legislators' terms in office, voters are about to decide whether the rules should be changed. In 1990, voters limited lawmakers to three two-year terms in the Assembly and two four-year stints in the Senate, for a total of 14 years in the Legislature. Proposition 28, on the June 5 ballot, would limit lawmakers to 12 years in the Legislature but allow all of those to be served in one house. Proponents contend that existing law doesn't give people enough time in one office to fully master complex issues and the lawmaking process.
BUSINESS
May 15, 2012 | By Lisa Mascaro, Los Angeles Times
WASHINGTON - Overcoming objections from conservatives, Congress gave final approval to legislation to reauthorize the nation's Export-Import Bank, sending to President Obama a key legislative priority for the business community. The Senate passed the measure 78 to 20 after turning back several proposed GOP amendments to do away with the bank or scale back its lending authority. Conservatives in the House and Senate have fought the bank as a form of corporate welfare. The bank subsidizes the sale of U.S. exports, which critics said props up some companies and harms others through unfair competition.
OPINION
May 11, 2012
State Sen. Ted Lieu (D-Torrance) is right to be offended by "conversion therapy," the pseudo-psychiatric treatment that purports to talk patients out of being gay and into being straight. There's no medical basis for the treatment, and there's some evidence that it causes harm while failing to do any good. As is so often the case, Lieu and his colleagues in the Legislature reacted to a perceived problem by proposing a bill. Lieu's legislation, SB 1172, which would make it illegal for California psychologists to attempt to convert gay minors, has passed the Senate Judiciary Committee and is working its way through the statehouse.
CALIFORNIA | LOCAL
May 11, 2012 | By Louis Sahagun, Los Angeles Times
Despite strong opposition from environmentalists, the state Assembly on Thursday approved controversial legislation that allows a solar energy developer to bypass local agencies in seeking to build a large-scale power plant in a valley that is home to desert tortoises, golden eagles and bighorn sheep. The nation's leading environmental groups see K Road Power's proposed 663-megawatt Calico Solar plant as one of the most ecologically damaging renewable energy projects in the California desert.
CALIFORNIA | LOCAL
May 10, 2012 | By Ralph Vartabedian and Patrick McGreevy, Los Angeles Times
The Obama administration threatened California on Thursday with rescinding $3.3 billion in federal grants to start construction of a bullet train if the Legislature does not act by June to appropriate the state's share of funding. In a series of meetings with key lawmakers in Sacramento, Transportation Secretary Ray LaHood said that the recent proposal by state Senate leaders to delay a $2.7-billion decision on the high-speed rail project until August is not acceptable. "We need the Legislature to make the strongest commitment possible," LaHood said in an interview.