AB 1530 Summary

• Establishes the Clean Manufacturing and Job Creation Incentive Act of 2012, effective until January 1, 2020, authorizing cities, counties, and city-counties to designate clean manufacturing zones within their boundaries to attract manufacturing businesses.

• Requires clean manufacturing zone ordinances to include a designated point of contact, ombudsman for permit assistance, zone term (not exceeding seven years), measurable objectives, geographic boundaries, baseline economic data, and list of local regulatory, tax, and programmatic incentives.

• Authorizes local agencies to provide annual property tax rebates to taxpayers for qualified manufacturing property in clean manufacturing zones, limited to the local agency's proportional share of property tax revenue paid, starting in fiscal year 2013-14.

• Defines qualified manufacturing property as tangible personal property directly involved in manufacturing that creates at least 10 new full-time manufacturing jobs at minimum $10 per hour or $20,000 per year that continue for five years.

• Requires state agencies to prioritize permit and license applications for manufacturers in zones and mandates annual reporting to the Controller on property and sales taxes generated and new jobs created in clean manufacturing zones.