On May 22, 2013, the California State Assembly’s Budget Subcommittee #4 held a hearing that explored Governor Jerry Brown’s latest economic tax incentive proposals as they relate to the State’s current enterprise zone program. In my previous post on this subject, based solely on the language published in the Governor’s May 2013 budget revision, I concluded that significant “revisions” were the target. The recent hearing makes it abundantly clear, however, that the words “elimination” and “replacement” better describe Governor Brown’s proposal. (more…)
According to an article published today in the Highland Community News, the San Bernardino Valley Enterprise zones is already at the brink of certifying more qualifying employees to date this year than it did during the entire year of 2010.
This is, of course, in reference to the program’s state hiring credit, which provides state tax reduction for employers that pay eligible employees to work within the boundaries of a CA enterprise zone. (more…)
This opinion piece by California Senator Bob Dutton was originally published in the Riverside Press Enterprise. Senator Dutton reposted it on his own website yesterday.
Enterprise zones are proven job creators, help small businesses expand and save the state’s general fund millions of dollars each year. Gov. Jerry Brown’s proposal to eliminate the program was misguided, and his new idea to “reform” it is equally devastating to the tens of thousands of Californians desperate to find work during this recession. (more…)
Governor Jerry Brown’s May-budget revision proposal to “reform” California’s Enterprise Zone program has sailed through legislative committees in both CA chambers. Although dubbed a reform, the legislation would effectively dismantle the enterprise zone hiring credit program (see previous posts here and here). (more…)
Communities to Save Enterprise Zones: Statement on the Governor’s May Revision of the California State Budget
SACRAMENTO – Communities to Save Enterprise Zones today issued the following statement from their counsel, Marty Dakessian, in response to the Enterprise Zone proposals in Governor Jerry Brown’s May revision of the California State Budget: (more…)
Details from the CA Governor’s May Budget Revision, released yesterday, are now hitting the news. What we thought was potentially good news for the state’s enterprise zone program (based on Friday’s leak), is not what we are hoping for. As you consider this news, do not simply assume Governor Jerry Brown’s proposals will be adopted.
We’ve already seen legislators supporting the enterprise zone program from both sides of the political aisle. Governor Brown’s proposals, on the other hand, are draconian and unlikely to sway many into supporting his anti-enterprise zone views. (more…)
The pace is picking up in the debate between Governor Jerry Brown’s budget proposals and the California enterprise zone program.
On Friday, Assemblyman and Chair of the Assembly Jobs Committee V. Manuel Perez unveiled three related bills to reform certain aspects of the enterprise zone program. Perez is a strong supporter of enterprise zones and the proposed legislation seeks to preserve them in California. (more…)
Can this be true? SB 974 was introduced by California Senator Darrell Steinberg (Dem) early this year in an attempt to substantially limit the impact of California’s Enterprise Zone Hiring Credit program. According to an article in the Santa Clarita Valley Signal today, “officials from Steinberg’s office said Wednesday that the legislation will probably not become law.” (more…)