ASSEMBLYMEMBER JOHN LAIRD
27TH ASSEMBLY DISTRICT

For Immediate Release: February 19, 2008
Contact: Bill Maxfield
Phone: (831) 596-0910

Asm. Laird: "Unconscionable to not close yacht tax loophole"

SACRAMENTO – Assembly Budget Committee Chair John Laird (D-Santa Cruz) today released the following statement following the Republican-led effort to keep open the so-called “yacht tax loophole”: 

“It is unconscionable to not close the yacht tax loophole when we’re making cuts to public education and medical care. If California’s teachers and students, as well as those receiving medical care, can take cuts, so can California’s yacht owners.”                

SB 8xxx, which would have closed the yacht tax loophole (which also includes airplanes), failed on a party-line vote of 47-18 (two-thirds needed).


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Capitol Office: State Capitol -- P.O. Box 942849 -- Sacramento, CA 94249-0027 -- Phone: (916) 319-2027 -- Fax: (916) 319-2127
District Office: Santa Cruz County District Office -- 701 Ocean Street, Suite 318-B -- Santa Cruz, California 95060 -- Phone: (831) 425-1503 -- Fax: (831) 425-2570
District Office: Monterey County/Santa Clara County District Office -- 99 Pacific Street, Suite 555D -- Monterey, CA 93940 -- Phone: (831) 649-2832 -- Fax: (831) 649-2935 -- Santa Clara County Direct Line: Phone (408) 782-0647

Assemblymember.Laird@assembly.ca.gov