SACRAMENTO: Assembly Republican Leader Marie Waldron issued the following statement in response to the split roll repeal of Prop. 13 qualifying for the November ballot:
"Every year, California becomes more unaffordable and Prop. 13 is one of the last safeguards we have in place," Waldron said. "Especially at a time when we have soaring unemployment and budget crises throughout the state, it is unbelievable that anyone would pursue any effort to undo our landmark affordability law. I will do everything in my power to protect Prop. 13.
"Split roll, while focused on commercial properties, will hurt small businesses that lease property the most, pushing higher costs onto consumers," Waldron added. "Many businesses will have to close their doors, creating a loss of local jobs and sales tax revenues."###