Section 14838.2 Of Article 1. General Provisions From California Government Code >> Division 3. >> Title 2. >> Part 5.5. >> Chapter 6.5. >> Article 1.
14838.2
. The Legislature finds and declares all of the following:
(a) Market demand is a driving factor in determining profitability
of California companies and the ability of those companies to invest
in business growth.
(b) Recent unemployment figures indicate that California's
employment has declined by more than 420,000 jobs since the middle of
1990, with up to 133,000 of those jobs in the manufacturing sector.
(c) The current economic recession, coupled with losses of federal
contracts by our defense and aerospace industries, is causing an
economic crisis in California.
(d) California companies are often at a competitive disadvantage
when responding to public contract proposals from government agencies
because of factors associated with higher taxes, wages, rents, labor
benefits, and insurance rates.
(e) The competitiveness of California companies is also impacted
as a result of in-state business preference policies that exist in
other states.