Business News
SACRAMENTO – State Sen. Patricia Wiggins (D-Santa Rosa), who chairs the Senate Select Committee on California’s Wine Industry, introduced a bill earlier this year that would boost family-owned wineries as well as nonprofit groups by expanding the types of organizations allowed to conduct tasting events.
Existing law, established in 2003 by then-Assemblywoman Wiggins, allows wine orders to be taken at tasting events held by eight types of nonprofit organizations, including labor, agricultural, religious, charitable, educational, business, trade and veteran's groups.
But winegrowers are only permitted to accept orders for wine at such events; all sales transactions must be completed at the winegrowers’ premises.
Wiggins’ bill, SB 108, would expand the list of nonprofit entities allowed to conduct benefit tastings where wine orders can be placed to include civic groups, social organizations and voluntary employees' beneficiary associations.
The vast majority of California’s 800-plus commercial wineries are small operations producing less than 5,000 cases of wine a year. Wiggins said her bill seeks to address a compelling issue among smaller wineries that produce too little wine to attract the attention of distributors.
“For many of the smaller producers, sales are typically limited to tasting rooms, restaurants and, where allowed, direct shipments to consumers,” Wiggins said. “By expanding the categories of not-for-profit groups allowed to hold benefit tastings where wine orders can be placed, we’ll help boost consumer access to California wines, raise awareness of an industry that is very important to our state, and create new opportunities for organizations looking to attract support.”
Wiggins said that since she introduced her previous bill more than three years ago, she has been approached by representatives of several organizations who inquired about being included in the law.
“Many wineries are located off the beaten path and thus do not receive many visitors to their tasting rooms – if they even have tasting rooms,” Wiggins said. “I believe my bill will help boost attendance at fundraising events for nonprofits, enable consumers to order wines that they might not otherwise have access to, and help winegrowers and producers build brand awareness and loyalty.”
SB 108 is similar to a bill introduced last year by former Sen. Wesley Chesbro, which was eventually amended to address the proposed gaming compact between the Schwarzenegger Administration and the Yurok Tribe.
As the senator for California’s huge 2nd District, Wiggins represents the counties of Humboldt, Lake, Mendocino, Napa, Solano and Sonoma. Visit her Web site at
www.dist02.casen.govoffice.com.
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WASHINGTON, D.C. – The Federal Open Market Committee decided Wednesday to keep its target for the federal funds rate at 5-1/4 percent.
Recent indicators have been mixed and the adjustment in the housing sector is ongoing. Nevertheless, the economy seems likely to continue to expand at a moderate pace over coming quarters.
Recent readings on core inflation have been somewhat elevated. Although inflation pressures seem likely to moderate over time, the high level of resource utilization has the potential to sustain those pressures.
In these circumstances, the Committee's predominant policy concern remains the risk that inflation will fail to moderate as expected. Future policy adjustments will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information.
Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Thomas M. Hoenig; Donald L. Kohn; Randall S. Kroszner; Cathy E. Minehan; Frederic S. Mishkin; Michael H. Moskow; William Poole; and Kevin M. Warsh.
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