Councilmember Krekorian is Chair of the City Council's newly created Ad Hoc Job Creation Committee and also sits on the Economic Development Committee. Throughout his tenure in office, Krekorian has worked to implement changes to the city’s policies that will make it easier to do business in Los Angeles, create good jobs and boost the city's vital economic sectors.
He has lowered and simplified the city's confusing business tax, supported tax relief for Internet based businesses and new car dealers, crafted legislation that encourages the City of Los Angeles to contract with local businesses, cracked down on illegal medical marijuana dispensaries, and pushed for a better, streamlined permitting process for new businesses.
Krekorian helped craft the City Council's final plan to raise the city's minimum wage, and took great pains to make sure it was done right, taking into consideration the wants and needs of working families, along with our small businesses and non-profit organizations.
Krekorian believes that development must be smart and balanced with the needs of neighborhoods. He has opposed all out of character development projects, especially in residential neighborhoods. He successfully led the charge to prevent mansionization in Studio City, expanded that to Valley Village and is working on creating a sustainable policy for the rest of the city. He has also worked to reduce the number of billboards in Los Angeles, to eliminate mobile billboards - long a headache for Valley residents - and persuaded phone companies not to build commercial cell towers in parks and in front of single-family residences.