Governor’s May Revise Leaves Enterprise Zones Intact
According to the LA Times on Saturday, Brown’s May budget revise leaves the EZs intact:
The governor would use an unexpected multibillion-dollar influx of tax receipts to fill the gap left in his budget by the shorter period of income tax increases. He would also use the new money to keep in place “enterprise zone” tax credits for businesses that hire workers from blighted areas. Brown originally proposed eliminating those tax credits to save the state $924 million.
Just waiting for the official word today at 11.
Tags: california enterprise zone, california tax law, california tax news, enterprise zone news, Enterprise Zone Program, Enterprise Zone Tax Credits, Tax News