The Center of the California Enterprise Zone Information Universe

George Runner: “make all of California an enterprise zone”

Former State Senator and current Board of Equalization member George Runner is arguing that not only is eliminating Enterprise Zones a bad idea, but in fact, he thinks the whole state should be made an Enterprise Zone. He says:

As the newest elected member of the Board of Equalization, a state entity that collects more than $48 billion annually in taxes and fees and handles tax appeals relating to enterprise zones, among other matters, I’m particularly concerned about the Governor’s proposal to eliminate enterprise zones.

Enterprise zones are one of California’s only remaining public policy measures specifically aimed at attracting and retaining jobs. These zones—there are currently 42 statewide—target economically distressed areas of the state with special state and local incentives to encourage business investment and promote the creation of new jobs. Since 1984 these tax incentives have been attracting new investment and allowing private sector market forces to revive local economies and create jobs.

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