Is California Forward Targeting Sinclair Paint?

In 1997, the Supreme Court decided, in a case called Sinclair Paint v. Board of Equalization, that the Legislature can raise fees without the two-third vote required for raising taxes. A proposed initiative constitutional amendment sponsored by California Forward seeks to circumscribe that authority, at least where the Legislature is seeking to replace lost tax revenue. Does this circumscribe Sinclair? Calbuzz reported last week that it did; here is California Forward's response.