Brown’s budget released today only hints at future reform measures to the Enterprise Zone program.  Perhaps after getting rid of RDAs, the unions are a bit gunshy about outwardly attempting getting rid of another vehicle that has anything to do with jobs while the economy struggles.  Here is what the budget said about Enterprise Zones:

“The resulting stability from a balanced budget will give businesses the certainty and the reassurance they need to invest in California. In addition, the Administration will propose legislation to reform the enterprise zone program and move to a mandatory single sales factor for apportioning multistate business income. Such changes will allow the state to afford investments in manufacturing, business incentives, and other tax relief.”

Tags: california enterprise zone, california tax law, california tax news, enterprise zone news, Enterprise Zone Tax Credits, Enterprise Zones, EZ tax credits, governor, hiring tax credit, hiring tax credits, Tax News

This entry was posted on Thursday, January 5th, 2012 at 4:56 pm and is filed under Enterprise Zones, Legislation, Tax News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.