From South Bay Progressive Alliance:
With the CA Public Banking Act, AB857, being signed into law in October 2019, efforts towards creating public banks have forged ahead.
Los Angeles City Council has already voted to move forward with hiring consultants to conduct a Viability Study and create a Business Plan for a municipal public bank to be submitted to the California Department of Business Oversight for approval.
On January 28th our Santa Clara County Supervisors, who are generally supportive of public banking, will be looking into the next steps and they need to know about the strong public support among organizations and community members for a Public Bank right here in Santa Clara County! SO THEY NEED TO HEAR FROM YOU NOW!
1 – Urgent Action Alert: Sign the Public Banking support letter by January 23rd, 5:00 pm
Read and Sign our Letter NOW
PLEASE SHARE THIS LINK (http://bit.ly/PublicBankSCC1) WITH YOUR LOCAL GROUPS AND NETWORKS AND ASK FOR THEIR SIGNATURES
This letter of support will be presented to the Santa Clara County Board of Supervisors by the South Bay Progressive Alliance’s Public Banking Action Team members at the Board’s January 28th meeting.
2 – Attend the January meeting and Speak up for Public Banking
Please plan to join us at the January 28th meeting of the Santa Clara County Board of Supervisors and raise your voice in support of a Santa Clara County Public Bank during public comments. The meeting will begin at 1:30 pm at the County building at 70 W Hedding St. San José, CA 95110.
Together, we can help our communities and our local economy thrive by urging the Santa Clara County Board of Supervisors to support Public Banking right here in Santa Clara County!
Learn more about public banking at: https://www.publicbankinginstitute.org
