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The California Capital Access Program (CalCAP) Supports 10,000 Loans For Cleaner, Heavy-Duty Diesel Trucks

Residents across California are enjoying better health and cleaner air, thanks to a 7-year-old state initiative that has financed the replacement and retrofitting of more than 10,000 polluting diesel trucks. Read this news release.

Treasurer Spotlights California Public Employees' Retirement System (CalPERS) Report Linking Financial Benefits to Diversity and Inclusion in Corporate Offices Globally

State Treasurer John Chiang welcomed data from a California Public Employees' Retirement System’s report demonstrating how companies that embrace diversity in their leadership ranks tend to have better relations with stakeholders, attract better talent, and deliver stronger financial bottom lines. Read this news release.

Statement From Treasurer John Chiang on CalPERS Tobacco Investment Policy

State Treasurer John Chiang on Wednesday asked a committee of the CalPERS board to reverse its decision to spend up to two years studying whether the pension fund should lift a 2001 ban on investing in companies that sell cigarettes and tobacco products. Read this news release.

Treasury Buys $200 Million in Green Bonds

California has finalized the purchase of $200 million worth of green bonds issued by the World Bank, state Treasurer John Chiang announced Thursday. Read this news release.

Treasurer Sells Nearly $1.5 Billion in Bonds

California sold $1.468 billion in tax exempt and taxable general obligation bonds, state Treasurer John Chiang announced Tuesday. Read this news release.

Intersections: No Blank Checks Initiative Raises Many Questions

California's long history of passing laws at the ballot box is rife with unintended consequences. The No Blank Checks initiative slated to go before voters in the November general election is consistent with that trend. Read more in this month’s edition of Intersections.

Treasurer Chiang Issues Statement on Death of Advisor, Friend, Dr. Esmael Adibi

State Treasurer John Chiang and his staff are deeply saddened by the death of their long-time advisor and friend, Chapman University economist Dr. Esmael Adibi. He died Friday after suffering a stroke. Read more.

Treasurer Chiang Urges Adoption of Automatic Retirement Savings Plan

State Treasurer John Chiang today joined Senate President pro Tempore Kevin de León, labor leaders, small business owners, and young workers to urge state approval of a proposal that aims to put automatic retirement savings plans in the hands of 6.8 million private-sector workers. Read this news release.

Treasurer Chiang Sells $2.95 Billion in Bonds

State Treasurer John Chiang announced the conclusion of a sale of $2.95 billion in general obligation bonds. The bond proceeds will provide funds for 14 different bond acts. The bulk of the resources go to transportation, air quality improvements and port security. They also refund some of the state’s outstanding general obligation bonds for debt service savings. Read this news release.

Treasurer Chiang’s 2016 Legislative Agenda

State Treasurer John Chiang has affirmed which bills figure at the top of his list of legislative priorities in 2016. Read this news release.

Treasurer Releases Blueprint for Growth and Innovation: First Biennial Report Outlines Plan to Improve Infrastructure, Government Efficiency

State Treasurer John Chiang today released an extensive blueprint for fixing California’s dilapidated roads, bridges and other infrastructure. The report also takes on many of the seemingly-intractable problems facing Californians today, from its affordable housing shortage and emerging retirement security crisis to local government bankruptcy and predatory Americans with Disabilities Act (ADA) lawsuits. Read this news release.

Pew Charitable Trust Calls on Wall Street Private Equity Firms to Disclose Fees

The Pew Charitable Trust agrees. Greater transparency is needed when it comes to the fees private equity and other investment managers charge public pension investors. And not only in California, but across the nation. Read more in this news release.

Treasurer Chiang Helps Fresno Business Expand

Treasurer John Chiang helped a Fresno business expand by facilitating a loan valued at $150,000 through the California Capital Access Program (CalCAP) Collateral Support Program, which encourages banks and other financial institutions to lend to small businesses that would otherwise have difficulty obtaining financing. The loan benefited Fresno’s Belmont Radiator Shop, which repairs radiators and semi-trucks. The loan was made possible through collaboration between Fresno Community Development Financial Institution and the California Pollution Control Financing Authority, which administers the CalCAP programs and is chaired by the Treasurer. The radiator shop was established in 1998 and it is owned by Teodoro and Leticia Pizano.

Buy California Bonds

Californians face great challenges as we work together to make our state a great place to live -- for us and future generations. By purchasing California bonds, you can invest in quality schools, safer communities, affordable housing and improved transportation systems. You can help build parks and libraries, and preserve our natural resources.

To learn more about California bonds and how to purchase them, visit Buy California Bonds.

College Access Tax Credit Fund

Help California’s college students get the funds to stay enrolled in school and earn a substantial tax credit when you do. A portion of the money you contribute to the College Access Tax Credit Fund may go toward increasing the Cal Grant B Access awards. By participating for the 2015 taxable year, you will receive a state tax credit equal to 55 percent of your donation.

To learn more about the College Access Tax Credit Fund and how to apply, please visit College Access Tax Credit Fund.

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