Here's what businesses need to know about some statewide propositions that will be on the Nov. 8 ballot.
Tribes, card rooms and national sports betting companies have poured hundreds of millions of dollars into a campaign battle over dueling propositions to legalize sports betting in the state. Fortune-500-ranked dialysis companies are once again butting heads with a powerful state health care union over new regulations for dialysis clinics, and a greenhouse gas emission proposal is being put before voters on the dime of a major ride-share company.When the U.S.
Support for Proposition 26 comes from more than a dozen tribes, which have put $119 million toward the Yes on 26, No on 27 campaign, according to state campaign finance disclosures. That includes two local tribes: the Yocha Dehe Wintun Nation, the tribe that owns Cache Creek Casino Resort in Yolo County, which contributed $22.6 million in support of Proposition 26; and the Shingle Springs Band of Miwok Indians, the tribe that owns Red Hawk Casino near Placerville, which contributed $2 million.
This bill specifies that 10% of the profits from sports betting would go to the state, which would put it in a new fund, the bulk of which would go toward gambling addiction programs and be allocated to cities and counties to address homelessness. The rest would go to the tribes that are not involved in sports betting.
Proposition 29 is largely supported by SEIU-UHW — a labor union representing health care workers that has attempted to pass a similar proposition twice before. It argues that these dialysis companies sacrifice the quality of patient care to increase profit margins, and need additional oversight. The bulk of the money would have to be spent on payments to subsidize the purchase of zero-emission vehicles for residents, businesses and governments. Another big chunk of the money would be used to build new charging stations and zero-emission vehicle infrastructure. The last 20% would go toward wildfire response and prevention programs.
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