With the current condition of California’s economy, the EZ program has become more important than ever. With that in mind, the California Chamber of Commerce is recommending local businesses to join a new coalition to protect the Enterprise Zone program.

With the recent budget cuts, the California Entperise Zone program is one of the only remaining vestiges of tax relief for the local business community. The California Chamber of Commerce brought several studies to light in their recent posting, “Several studies have established the EZ program’s effectiveness. Most recently, a March 2009 revision of a national study by University of Southern California researchers concluded that state and federal EZ programs ‘have positive, statistically significant, impacts on local labor markets in terms of the unemployment rate, the poverty rate, the fraction with wage and salary income and employment.’ ”

To have your business added to the coalition, you can contact Kyla Christoffersen at kyla.christoffersen@calchamber.com

To see the article from the California Chamber of Commerce, click here.