Loading chat...
CA AB484
Bill
Status
6/1/2011
Primary Sponsor
Steve Knight
Click for details
AI Summary
-
Allows an enterprise zone that expired in 2012 and sent a reapplication letter to the Department of Housing and Community Development in 2012 to be temporarily extended if the department has not issued a request for proposal or conditionally designated the maximum number of zones.
-
Temporary extension continues until the earlier of December 31, 2014, or when the department issues conditional designation letters to the maximum number of enterprise zones statewide.
-
Requires the department to notify the Franchise Tax Board within 60 days of any enterprise zone extension or expiration.
-
Requires temporarily extended zones to submit reports by October 1, 2013 and December 31, 2014 detailing employment certifications, business information, and progress toward goals; limits zone size to no more than 110% of the previous enterprise zone size.
-
Directs the Employment Development Department and State Department of Education to prioritize training for unemployed individuals in temporarily extended enterprise zones; repeals these provisions on January 1, 2015.
Legislative Description
Enterprise zones: expiration of designation.
Last Action
In committee: Hearing postponed by committee.
6/28/2012