SB 1194 Analysis
A new analysis of SB 1194 makes several interesting points. In particular I found the following astute:
If at First you Don’t Succeed:
Currently, there are 42 EZ designated by the Department of Housing and Urban Development (HCD). The Coachella Valley has a 56 square mile conditionally designated EZ, covering the cities of Indio, Coachella, Thermal and Mecca. However, HCD recently denied an application for a second EZ within the Coachella Valley covering Desert Hot Springs and Cathedral City. As SB 1194 gives many of the same tax incentives as an EZ, this bill may grant the very incentives HCD just denied to the Coachella Valley. Is SB 1194 an end run around HCD and their EZ designation process?
Interestingly, if you follow the logic of this point, it would support the process of the recent zone designations in opposition to the arguments that the LAO has been making.
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