Less than 24 hours before the JEDE committee was set to vote on Steinberg’s SB 974, Steinberg pulled the bill from the committee.  According to the JEDE committee, because the bill is a lax levy, it is not subject to July 2, 2010 deadline.  The bill may resurface later, but we can only assume that Steinberg had a good reason to pull the bill just before the vote.

Tags: C & I Tax, california enterprise zone, california tax law, california tax news, EZ program, governor, legislation, SB 974, steinberg, Tax News

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