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AB 2476: TEA Changes

Introduced by Assembly Member V. Manuel Perez, chair of the Assembly Jobs Committee, AB 2476 would make two significant changes to the way future Targeted Employment Areas are designated.

(B) For an area designated on or after January 1, 2011, or for a targeted employment area designated before January 1, 2011, following the release of 2010 census data, subject to the deadline in paragraph (5), means an area within a city, county, or city and county that is composed solely of those census block groups designated by the United States Department of Housing and Urban Development as having at least 61 percent of its residents as low- or moderate income levels, using the most recent census data available at the time the targeted employment area is designated to determine that eligibility.

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