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Budget Conference Committee Has Adopted Gov’s Proposal to Eliminate Enterprise Zones

The Governor’s proposal to completely eliminate the Enterprise Zone program and levy a massive, unprecedented (and likely illegal) retroactive tax increase on California’s employers passed another legislative hurdle on Thursday. The Budget Conference Committee included the proposal in its final report. The proposal will now need to receive the votes of two-thirds of each house of the legislature in votes which are likely to take place next week.

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