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The Chamber is proud to introduce ConnectForLunch, a new lunchtime networking program enabeling members to make up to 100 new connections each year. Read more.
S.F. Business Tax Update – Two competing proposals from Mayor Ed Lee and Supervisor John Avalos to replace the city’s payroll tax with a gross receipts tax continue to make their way toward the November ballot. As the City Controller works to finalize the rates and details of the Mayor’s proposal, the Chamber continues to urge a consensus measure that is fair, broad-based and revenue neutral. Members are encouraged to review the Controllers most recent analysis and send feedback to the Chamber. Revisions must be made by early July. Final proposals are expected the week of July 9, followed by hearings at City Hall. Final action is expected at the Board of Supervisors on July 24. Read more. Contact Jim Lazarus at jlazarus@sfchamber.com or 415.352.8810.
Real Estate Transfer Tax Measures Introduced – Mayor Ed Lee and Supervisor John Avalos introduced two competing real estate transfer tax measures for the November ballot. Mayor Lee’s proposal would increase the tax by .2 percent on properties sold in excess of $1 million to raise $13 million annually for affordable housing. Supervisor Avalos’ proposal would increase the tax by .5 percent on properties sold in excess of $2.5 million to generate $16 million annually. Both are possible alternative sources of revenue if the gross receipts tax and business license fee measure does not end up on the ballot. Read more.
Introducing ConnectForLunch – The Chamber is pleased to introduce ConnectForLunch, a new lunchtime networking program that enables members to make up to 100 new business connections each year. Designed to foster relationships between members, ConnectForLunch organizes weekly face-to-face meetings at convenient – and delicious – member restaurants. “Relationships matter, and the Chamber is pleased to help make it even easier for members to connect,” said Chamber Chief Marketing Officer Leslie Milloy. Chamber members should have received an email invitation to participate. All Chamber members receive a free introductory subscription. Read more. If you have any questions or have not yet received your invitation, contact Sharon Morrison at smorrison@sfchamber.com or 415.352.8842.
SFCED Promotes Bay Area Biotech – The Chamber’s foundation partner the San Francisco Center for Economic Development (SFCED) is promoting the Bay Area's biotech industry at this week's BIO International Conference in Boston. “California and San Francisco have much to offer biotech companies and we are here this week sharing these advantages with companies from across the U.S. and from around the world,” said SFCED Executive Director Dennis Conaghan. The BIO International Convention is the largest gathering of the biotechnology industry held around the world. Read more.
Supervisor Olague at the Chamber – Chamber members heard from District 5 Supervisor Christina Olague Wednesday at the June Supes for Lunch. Supervisor Olague expressed interest in reaching a compromise on the two competing business tax reform measures proposed by Mayor Ed Lee and Supervisor John Avalos, as well as support for a dedicated revenue stream to fund economic development moving forward. “Everyone wants to see one measure go to the ballot and we are hoping to get to a place where we can do that,” said Supervisor Olague. The supervisor also discussed Chamber-supported development projects such as 8 Washington and the California Pacific Medical Center (CPMC) rebuild, as well as new height limits around the Transbay Transit Center. Read more. Check the Chamber Calendar for the next Supes for Lunch or contact Lydia Hernried at lhernried@sfchamber.com or 415.352.8841.
Hire SF Youth this Summer – Summer is underway, but it’s not too late to hire local youth. Mayor Ed Lee, United Way Bay Area and the Chamber invite you to participate in Summer Jobs+, a program designed to create 2,500 jobs and internships for local youth ages 16 – 24 this summer. The Chamber applauds our members supporting the program including: AT&T, Bank of America, Deloitte, Golden Gate Restaurant Association, GoPago, Hornblower Cruises & Events, Jamba Juice, Luminalt Solar Energy Solutions, PG&E, PriceWaterhouse Coopers, Starbucks, UPS, Union Bank, Webcor, Wells Fargo and others. Read more and post your jobs today!
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MEMBER SPOTLIGHT
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