Paint Companies Could Make Taxpayers Pay for Lead Paint
A proposed November statewide ballot measure could allow three of the nation's biggest paint companies to hand California taxpayers a bill for the cost of cleaning up health hazards caused by lead paint. The measure would place a $2 billion bond on the ballot to fund the remediation of lead paint, asbestos, and other environmental hazards in houses, schools, and senior living centers. Also, the initiative would reverse an earlier state appeals court decision requiring ConAgra, NL Industries, and Sherwin-Williams to pay hundreds of millions of dollars for lead paint abatement. Finally, it aims to block future legal actions against the paint companies for similar claims.
Source: Los Angeles Times (01/17/18) Dillon, Liam