The Huffington Post published an article by Leo Hindery, Jr. this morning in which Mr. Hindery tells about his task force’s new report, “Vision of Economic Renewal: An American Jobs Agenda.” This report includes a series of 15 recommendations (issued by The Task Force on Job Creation) for reversing America’s economic crisis. (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.
CA San Bernardino EZ
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…)
KPSP Local 2 News reports today that the California Department of Housing and Community Development (HCD) has approved a 141.5 acre expansion of the Coachella Valley Enterprise Zone.
Good for them! (more…)
No. I am not thinking about ice cream. Well, maybe I am. But with all this talk about the Work Opportunity Tax Credit program, one wonders…. “Has the life of this program always been so volatile?”
“Why, yes,” you say, “it has.”
WOTC is currently slated to expire on December 31, 2011. A quick review of WOTC’s legislative history, however, demonstrates that it has already expired and been renewed 8 times since its creation in 1996. The New Hampshire Employment Security Department once published a convenient history of the program’s history. I summarize the following from their document. (I’m sorry I can’t give you a link – I think the link has long since died.)
Movers and shakers (primarily lobbyists and constituents) in Washington DC are meeting on Thursday to discuss the ongoing efforts to extend the WOTC program. The meeting is scheduled for Thursday July 21 at 2:30 PM at the offices of the National Restaurant Association in Washington DC. (more…)
Paul Suplizio, president of the WOTC Coalition warned coalition members this morning that the Department of Labor has recommended termination of the WOTC program as a contribution toward addressing the federal budget crisis. Let me save time by quoting Mr. Suplizio directly: (more…)
Most Californians are aware, if at least only vaguely, that our politicians finalized the state’s budget for the year and that Governor Jerry Brown has indeed signed off. That’s last week’s news. Many of us, I am sure, would have appreciated the option of being less aware as it was happening. (more…)
The budget deal passed by the California legislature yesterday does NOT include measures to modify the state’s enterprise zone program. We’ll report more AFTER the governor signs the legislation approving the budget. Final passage is expected since the budget deal was worked out between Governor Brown and his fellow Democrats in the legislature, without Republican support. (more…)
California Governor Jerry Brown vetoed the state budget today. From the Los Angeles Times:
Gov. Jerry Brown issued a historic veto of the budget approved by Democratic lawmakers hours after they passed it, opening wide a rift within his own party and throwing the state’s financial future into limbo.
The Democrats had pushed through the spending plan Wednesday, relying heavily on crafty accounting to patch over the state’s deficit, after the governor’s talks with Republicans on a tax package faltered.
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