Update on Proposed New California Enterprise Zone in Fremont
Friday, 02 October 2009
This has been popping up in the news during the past few weeks. An article yesterday by Marj Dario of the Needles Desert Star provides a nice and simple summary.
Assembly Bill ABSX3 82, which includes language to create the emergency enterprise zone around the United Motor Manufacturing Inc. automobile plant in Fremont (see previous post), also includes language to create 10 additional state enterprise zones. Recognizing the value of enterprise zone tax incentives, the sponsoring legislators are attempting to bypass the Enterprise Zone Act’s limitation of 42 zones. (more…)
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