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SB 434 Amended

Senator Jerry Hill’s SB 434 labor supported Enterprise Zone overhaul bill has been amended.

The first amendment is the addition of new co-authors: Senator Lois Wolk (who is the chair of the Senate Committee on Governance and Finance where the bill will be heard on May 1), Assembly Members Rich Gordon, and Kevin Mullin.

The new language clarifies that the bill proposes to entirely cancel the Enterprise Zone program as of December 31, 2019, this, despite the fact that every zone is designated with a 15-year Memorandum of Understanding with the State.

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