Hear from your Legislators on January 8 and Happy Holidays!
Festive Photos at Eastside Elected Officials Reception
The Chamber hosted its Eastside Elected Officials Reception in Bellevue on December 9. We had a great time mingling and toasting our wonderful public servants to end 2014! Check out the pictures here.
Bellevue Holiday Guide
Bellevue.com has a Holiday clearing-house-of-sorts for all Bellevue Holiday events. The Blitz knows many of you have already brought family and friends to extraordinary events such as Snowflake Lane and Garden d’Lights but if you haven’t visited Bellevue yet for the festivities, please do so! The Huffington Post highly recommends it!
Hear from Your Legislators in Bellevue on January 8!
REMINDER: on Thursday, January 8, from 7 – 9 am at the Hyatt Regency Bellevue, the East King County Chambers of Commerce Legislative Coalition is holding its Legislative Breakfast. The timing is such that business people can hear from Eastside legislators just a few days before the legislative session kicks off in Olympia on January 12. Register today to get insights and enjoy thoughtful discussion from an Eastside business perspective and the Coalition’s 2015 Legislative Agenda!
Wanted: Eastside Congestion Relief
Jim Kleppe, the co-chair of the Chamber’s Transportation Committee, was included in this look at Eastside growth and the desperate need for additional capacity on I-405, especially between Bellevue and Renton.
Governor Inslee’s Budget Proposal
The Chamber’s message to Eastside legislators on the 2015-2017 biennial budget is relatively simple: expand under the sustainable 2013-2015 biennial budget by passing significant business tax reform legislation to spur economic growth and entrepreneurship. Unfortunately, Governor Inslee’s proposal may not be “financially feasible” – at least when that phrase is accurately defined.
“Paramount Duty” and Governor Inslee’s Budget Proposal
The title of this article includes the headline, “Inslee promises $2.3B more for schools…” and ends with this:
“Inslee’s plan would make education spending 47 percent of the state general fund. That’s up from 39 percent in 2007 and up from 45 percent in the most recent budget cycle.”
Would 47 percent make education the state’s “paramount duty”? The word paramount means “superior to all others.” The East King County Chambers of Commerce Legislative Coalition (Coalition) supports a legislative proposal that would direct a majority of new general fund revenue increases from existing sources toward education, including early learning and higher education. Check out the Coalition’s top three priorities for 2015 here.
Governor Inslee’s Cap-and-Trade Proposal
Governor Inslee announced last week a statewide cap-and-trade program that is similar to California’s cap-and-trade scheme. The Coalition is opposed to the implementation of a cap-and-trade scheme at either the state or local level.
“What we wanted to provide was a class A facility for startup companies, so that would give them a similar feeling of working at a world-class office facility,” extraSlice CEO Binu Reghunathan said. “I see a great opportunity for Bellevue and the Eastside area to become a technology hub there.”
“Currently, local governments in Western Washington are seeing a few changes to the permits that are required for managing their stormwater.”
“Behind their growing economy, wealthy Chinese homebuyers have poured into the U.S., spending $22 billion on property in the states, tops among all foreign purchasers over the 12 months preceding a March study from the National Association of Realtors.”