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AB 1657: Downey Enterprise Zone

Assembly Member De La Torre has just introduced AB 1657 to create an Enterprise Zone in the City of Downey:

7073.2. (a) Notwithstanding any other law, the department shall, upon application by the Downey City Council, designate one enterprise zone within the geographic area of the City of Downey pursuant to this section.

(b) For purposes of applying any provision of the Revenue and Taxation Code, the enterprise zone designated pursuant to this section shall be deemed to have been designated pursuant to this chapter.

(c) The enterprise zone designated under this section shall not be included in the calculation of the overall number of enterprise zones authorized under this chapter.

SEC. 2. Due to the unique circumstances of the City of Downey, with respect to the need for sustained employment and business development in the area, the Legislature hereby finds and declares that a general statute cannot be made applicable within the meaning of Section 16 of Article IV of the California Constitution. Therefore, the special legislation contained in Section 1 of this act is necessarily applicable only to the City of Downey.

SEC. 3. This act addresses the fiscal emergency declared by the Governor by proclamation on December 19, 2008, pursuant to subdivision (f) of Section 10 of Article IV of the California Constitution.

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