The latest version of Assemblyman V. Manuel Pérez’s Enterprise Zone legislation, AB 1411, will have a hearing this afternoon in the Senate Transportation & Housing Committee. The hearing is scheduled for 1:30 and should be available for viewing at CalChannel.
Here is an additional write-up from the Imperial Valley News:
Sacramento, California – This Tuesday, a newly amended Enterprise Zone program bill by Assemblymember V. Manuel Pérez (D-Coachella) will be heard in Senate Transportation & Housing Committee. AB 1411 includes a number of reforms that will add greater transparency and accountability to the program.
“The Enterprise Zone program is an effective tool for local economic development and job creation, and the reforms in this bill will help to better tell that story,” said Pérez. “These reforms have been in the making for quite some time, and I’m pleased to be moving forward with them.”
AB 1411 is based on two years of oversight hearings, working group meetings, and stakeholder engagement initiated by Pérez, who serves as chair of the Assembly Committee on Jobs, Economic Development, and the Economy. Pérez has been a vocal advocate for local economic development as the key to statewide recovery and the need to empower local jurisdictions with tools to attract business investment and job creation.
Two of the 80th District’s three Enterprise zone managers were available to comment in support of the bill. Calexico-County Enterprise Zone manager Daniel Fitzgerald said, “I am very pleased that the budget passed this week did not include the Governor’s proposal to eliminate Enterprise Zones. Now we can move forward with real reform as proposed by Assemblymember Pérez. The reforms in AB 1411 are critical to more effectively demonstrate the real job creation and economic development brought to California by the program.”
In addition, Imperial Valley Enterprise Zone manager Diane Cason noted, “AB 1411 makes technical and accountability reform changes to statutes impacting the Enterprise Zone program, as well as helps clarify the intent of the program. The IVEZ appreciates the leadership of Assemblyman Pérez and his support for the Enterprise Zone program.”