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Dicon Fiberoptics v. FTB Scheduled for Oral Argument in Supreme Court
A case involving the FTB’s ability to scrutinize the documentation behind Enterprise Zone vouchers has been scheduled on March 6 for argument in the California Supreme Court after a long delay. The following is the summary of the matters at hand from the Court: Dicon Fiberoptics v. Franchise Tax Bd., S173860. (173 Cal.App.4th 1082; Los [...]
Sacramento Business Journal: “Enterprise zones brace for change”
The Sacramento Business Journal has the following extensive article on on Enterprise Zones today: The death of California’s redevelopment agencies makes enterprise zones more necessary than ever to keep and create jobs, say some business and city officials. But ominous language about reform in Gov. Jerry Brown’s proposed budget has them worried. “The governor was [...]
Cathy Creswell Leaving HCD
HCD sent out an email blast today from Cathy Creswell announcing that the Governor has asked her to leave her position with the Department as of February 14: To HCD Stakeholders and Colleagues: A new year brings the promise of new beginnings and renewal. Recently, the Department has undergone a number of changes and faced [...]
8 Out of 10 of the Highest Unemployment Rates in the Country are in California Enterprise Zones
According to this article from the AP, the top 10 highest unemployment rates in the Country are: El Centro, Calif. 26.8 Yuma, Ariz. 23.1 Merced, Calif. 18.7 Yuba City, Calif. 18.1 Visalia-Porterville, Calif. 16.2 Fresno, Calif. 16.2 Modesto, Calif. 16.1 Stockton, Calif. 15.9 Hanford-Corcoran, Calif. 15.3 Ocean City, N.J. 15.1 Eight out of those 10 [...]
Details on the Santa Clarita Enterprise Zone Final Designation Process
This article from the Santa Clarita Valley Signal has some interesting details about the process taking place on the way to final designation of their new Enterprise Zone. All the way at the end, for example, the article notes that: Laura Biery, administrative analyst for the city of Santa Clarita, said the Santa Clarita City [...]
FTB “Tax News” February 2012
Here is the February 2012 edition of the FTB’s “Tax News” newsletter.
Assemblyman Solorio Sends Email Blast Celebrating New Anaheim Enterprise Zone
State Assemblyman Jose Solorio (D-Anaheim) just sent out a press release via email celebrating the new Anaheim Enterprise Zone which will be operational tomorrow, Feb. 1, 2012: SACRAMENTO – State Assemblyman Jose Solorio (D-Anaheim) heralded the fact that the City of Anaheim Enterprise Zone designation will be effective starting tomorrow. He issued the following statement: [...]
The Antelope Valley Enterprise Zone Expires Today
The Antelope Valley Enterprise Zone expires today, January 31, 2012.
Assemblymember Luis Alejo Focuses on Enterprise Zone in Reaction to State of the State Address
Assemblymember Luis Alejo who represents the areas including the Salinas Valley Enterprise Zone and the Watsonville Enterprise Zone. In reaction to the Governor’s State of the State Address yesterday, a press release has been posted to the Assemblyman’s website. Assemblyman Alejo is focusing on Enterprise Zones this year as evidenced by his attendance at HCD’s [...]
Sacramento Enterprise Zone Received Final Designation
HCD is on a roll. Fast on the heels of new final designations for Anaheim and Sequoia Valley, the new Sacramento Enterprise Zone (which also includes the City of Rancho Cordova) has now received its final designation. This leaves five more conditional zones for HCD to complete by April.
BREAKING NEWS: Anaheim and Sequoia Valley Receive Final Enterprise Zone Designation
On October 10, 2011 HCD issued a memo that they would be moving ahead with the final designation process for eight remaining zones that had previously received conditional designations. In that memo, a 180 day deadline was established for all of those zones to comply with all of their conditions or lose the opportunity to [...]
HCD Announces Three New Listening Sessions
HCD has announce three more listening sessions in January to gather public feedback about possible regulatory changes to the Enterprise Zone program. The full announcement can be found here. There will be meetings on January 18th in Sacramento, on January 23rd in Los Angeles, and on January 26th in Tulare.
Mayors Advocate For Enterprise Zones
Mayors from around the State have been in Sacramento advocating for the Enterprise Zone Program in the wake of the loss of Redevelopment. The Los Angeles Daily News, for example reports: In Sacramento, Villaraigosa will also explore legislation to spur development in the absence of CRA/LA funds, said [Deputy Mayor Sarah] Sheahan. “We are advocating [...]
Unfriendly to Business in Siskiyou County
Siskiyou County Enterprise Zone manager is one of the voices featured in this news story about the assault on business in that county:
BREAKING: Budget Released Early – Proposes Enterprise Zone Reform Not Elimination
The Governor moved up the release of his 2012-2013 budget proposal from Jan. 10 to today. Under the heading “Supporting Job Creation,” the budget summary document says: The resulting stability from a balanced budget will give businesses the certainty and the reassurance they need to invest in California. In addition, the Administration will propose legislation [...]
