Chamber Leading Innovative Effort to Enhance State Revenues
The Chamber is working with Assemblyman Ben Hueso on legislation that will enable the State of California to enter into partnerships with private sector businesses to improve roadside rest areas and expand the services offered to the traveling public. This measure will substantially enhance state revenues through the lease agreements and provide greater variety for restaurants and other services for motorists along California highways.
The Chamber bill provides a unique opportunity for a partnership between the state and the private sector. These partnerships will create business opportunities and deliver much needed improvements to the physical facilities and enhance state revenues by expanding commerce.
Over the last three years, preliminary work has been done to confirm that traffic counts on highways with rest stops could support retail operations at approximately 25 of the 62 rest stops in the state and generate more than $3 billion over a twenty year period.