Professional License fees.
Posted: Tue May 02, 2017 9:11 pm
We all pay to practice in this State but will our fees continue to be earmarked to support our governing board?
There is currently a bill in SAC to remove the restrictions on ORV fees and allow CA govt to spend those fees on anything they want, and this bill has a 100% chance of becoming law.
We all know that the State "borrows" money from one bond measure or agency to spend somewhere else and somehow it never gets paid back, this bill to remove the restrictions on the ORV fees is, IMO, just the beginning of making such transfers legal.
Here is one reason why I feel that way; The City of Huntington Beach must pay an additional $23 million into CalPERS due to a drop in their profits, and HB is just one of hundreds of cities and other agencies that pay into CalPERS.
Lets not forget that a new law requires us private employees to pay 3% of our income into CalPERS, but private sector pensions are not guaranteed like public sector pensions are.
https://www.yahoo.com/news/m/10fb5ae3-9 ... -fund.html
There is currently a bill in SAC to remove the restrictions on ORV fees and allow CA govt to spend those fees on anything they want, and this bill has a 100% chance of becoming law.
We all know that the State "borrows" money from one bond measure or agency to spend somewhere else and somehow it never gets paid back, this bill to remove the restrictions on the ORV fees is, IMO, just the beginning of making such transfers legal.
Here is one reason why I feel that way; The City of Huntington Beach must pay an additional $23 million into CalPERS due to a drop in their profits, and HB is just one of hundreds of cities and other agencies that pay into CalPERS.
Lets not forget that a new law requires us private employees to pay 3% of our income into CalPERS, but private sector pensions are not guaranteed like public sector pensions are.
https://www.yahoo.com/news/m/10fb5ae3-9 ... -fund.html