Senator Boxer and Rep. Dreier Address TechNet -- California Capitol Hill Bulletin -- Volume 10, Bulletin 5 -- March 6, 2003

Senator Barbara Boxer and Rep. David Dreier spoke to a luncheon meeting of high tech representatives during their TechNet Day 2003 conference. TechNet is a national network of senior executives of the nation's leading technology companies with the mission of building bipartisan support for policies that strengthen America's leadership of the New Economy. TechNet offices are located in California, Indiana, Massachusetts, and Texas.

In their individual remarks, Sen. Boxer and Rep. Dreier agreed on several issues of importance to the technology industry. Most especially, they both reiterated their strong commitment to fighting any efforts to require companies to expense stock options. Stock options are of particular importance to technology companies in recruiting and retaining quality employees. The speakers also supported allowing a tax deduction for foreign dividends invested in the United States and improving education to ensure graduates are adequately prepared to work in the technology industry.

To expand communications between Washington and California, the California Institute provides periodic faxed bulletins regarding current activity on Capitol Hill which directly impacts our state. Bulletins are published weekly during sessions of Congress, and occasionally during other periods. The e-mail edition is made possible in part by in kind donations from Sun Microsystems and IBM Corp.

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