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We have known for some time now that the latest round of California enterprise zone designations had been decided. The identify of the new enterprise zones, however, was not publicly announced until today in a press release by the California Department of Housing and Community Development (“HCD”). (more…)
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A series of committee hearings began yesterday in the California Assembly with the stated intention of making “a comprehensive examination of the California Enterprise Zone Program” and other similar tax incentive programs. Subsequent hearings will take place between now and October 17th. (more…)
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According to the Daily Californian today, Bayer pharmaceutical is considering outsourcing the purification process of its hemophilia drug, Kogenate, which is produced at the Bayer facility in Berkeley, California. (more…)
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Craig Johnson, President of the California Association of Enterprise Zones (“CAEZ“) will be presenting testimony in an upcoming hearing at the California State Capitol. Sponsored jointly by the (a) Assembly Committee on Jobs, Economic Development, & the Economy and (b) the Assembly Revenue & Taxation Committee, the hearing is likely a response to ongoing efforts by some legislators to explore modifications to California’s enterprise zone program. (more…)
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