Media Advisory: League of California Cities Holds News Conference June 25, 2009 on Illegal State Seizure of Local Gas

* Reuters is not responsible for the content in this press release.

Wed Jun 24, 2009 2:10pm EDT 

  SACRAMENTO, CA, Jun 24 (MARKET WIRE) -- 


What:   The Budget Conference Committee approved Gov. Arnold
        Schwarzenegger's proposal to seize almost $1 billion in
        local gas tax revenues to help give the appearance of a
        balanced state budget. This seizure is unconstitutional
        according to legal analysis prepared by Nielsen, Merksamer,
        Parrinello, Mueller & Naylor, LLP, and shows that in both
        1974 and 1998, voters imposed restrictions on the state's
        ability to use gas taxes for debt service on bonds and to
        divert local gas taxes for the state general fund.

        The opinion has been shared with the Governor, members of the
        Legislature and all Budget Conference Committee members. The
        opinion is posted on the League's Web site at
        www.cacities.org/HUTAopinion.

Where:  Sacramento Convention Center, West Lobby
        1400 J Street, Sacramento

When:   Thursday, June 25, 2009, 10:30 a.m.

Who:
        --  Judy Mitchell, president, League of California Cities and
            Rolling Hills Estates mayor
        --  Chris McKenzie, League of California Cities executive director
        --  Jim Ridenour, League of California Cities second vice president
            and Modesto mayor

    
Established in 1898, the League of California Cities is a nonprofit
statewide association that advocates for cities with the state and federal
governments and provides education and training services to elected and
appointed city officials.

    

Contact:
Eva Spiegel
(916) 658-8228
Cell: (530) 400-9068

Copyright 2009, Market Wire, All rights reserved.

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