There is a bill being pushed through the California State Assembly that is taking aim at one of the State’s largest enterprise zones.  In it’s current state, the bill would alter the current enterprise zones while eliminating several key regions.  Considering the ramifications of this bill passing, it has met with heavy conflict, especially with the current job market and nationwide recession.

“Let’s be very clear, this isn’t a reform bill. It’s an enterprise zone killer, and would cost California thousands of jobs,” said Craig Johnson, president of the California Association of Enterprise Zones and manager of the Long Beach enterprise zone. He testified against the measure at a recent hearing in Sacramento.

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This entry was posted on Wednesday, May 20th, 2009 at 4:00 am and is filed under 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.