Start Your Engines
Let the games begin. Speaker Perez spoke out about the redevelopment case and what it means to Enterprise Zones.
“A second look will also no doubt be taken at the issue of local economic development in the wake of the California Supreme Court ruling that abolishes more than 400 local redevelopment agencies next month. Speaker Perez dismissed any notion that actual RDAs will be recreated by the Legislature; instead, he emphasized the need for ways to promote job creation and economic stimulus that doesn’t favor one region over another. And he suggested that the scrapping of RDAs could reignite his the effort of many Democrats to revise the state’s enterprise zone program.”
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Tags: california enterprise zone, california tax law, california tax news, Enterprise Zone, Enterprise Zone Program, hiring tax credits