Summer is in full swing and so are many policy issues that are impacting the business community. Stay involved with the Chamber at www.beverlyhillschamber.com.

An Evening With The Mayor: State Of The City Address
Presented by: Aston Martin Beverly Hills, Torrey Pines Bank & Optimum Seismic, Inc. 

Click here for tickets & details

Beverly Hills Chosen as Finalist for “Most Business-Friendly City” in Los Angeles County

Beverly Hills has qualified as a finalist for the Los Angeles County Economic Development Corporation (LAEDC) "Most Business-Friendly Award". Since 1996, LAEDC has recognized local cities for creating environments that foster the development and enterprises. As a result, these enterprises provide prestigious jobs and build wealth for our communities. The winners will be announced LIVE on
November 9th at SoFi Stadium. 

Governor Newsom Signs AB 257, Setting Stage for $22 Pay Next Year For the Fast Food Industry

California Governor Gavin Newsom signed the Fast-Food Recovery Act into law(AB 257), giving restaurant-chain employees more input over wages and working conditions. The landmark law creates a
10-member Fast Food Council with equal numbers of workers’ delegates and employers’ representatives, along with two state officials, empowered to set minimum standards for wages, hours and working conditions in California. The law caps minimum wage increases for fast food restaurants chain employees. Consequently, more than 100 of these restaurants will pay their employees $22 per hour next year pending an increase of cost of living in comparison to the statewide minimum of $15.50 per hour. 

Legislature Extends $1.4 Billion Lifeline to California's Last Operating Nuclear Plant

California State lawmakers approved SB 846, which would keep the Diablo Canyon Nuclear Power Plant open for five more years, meaning until 2027. The operator, Pacific Gas & Electric will receive a $1.4 billion loan to refurbish the structure. The bill will include stronger protections for ratepayers, and the loan would be allocated in increments. Governor Newsom received tremendous backlash for signing the bill from environmentalists, who argued that the law contradicts a 2016 agreement made by PG&E and environmental and labor groups in order to cease operations of the 37-year-old power plant beginning 2024. Experts have expressed praise for the extension of power plant as it will support California’s grid stability for consumers in the during the transition to net zero carbon emission.

Attend our Next GAC Meeting on September 15

Please attend the Chamber’s next Government Affairs Committee meeting Thursday, September 15 at 4 PM at the Chamber Boardroom 

We have an action-packed meeting lined up, including:

- Review of recent Chamber position on legislation and how you can support these efforts
- Presentation regarding new state policy issues of concern to the business community
- Update on key policy and community developments relating of the City of Beverly Hills
- Update on new Propositions approved for the General Election in November

Attendance is complimentary for Chamber members. To register, please click here or Contact: Greg Sefain, Economic Development Manager; [email protected]

Upcoming Events & Meetings 

9.14   Health & Wellness Committee Meeting | 8 - 9 AM 
9.14   Economic Development Council Lunch | 12 - 1:30 PM @ Crustacean 
9.15   Government Affairs Committee Meeting | 4 - 5 PM @ Chamber Boardroom 
9.15   Commerce & Cocktails w/ the Swedish American Chamber of Commerce LA | 5:30 - 7:30 PM

@ Caffé Roma

9.21   September Chairman's Circle Luncheon | 12 - 1:30 PM @ Il Fornaio 
9.27   Women's Business Networking Committee Meeting | 2 - 2:45 PM @ Chamber Boardroom 
9.28   An Evening with the Mayor: State of the City Address | 4:30 - 7 PM

@ Greystone Mansion Formal Gardens 

View the full BHCC Calendar here