Bill Text: CA AB9 | 2013-2014 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Income taxes: credits: enterprise zone.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-02-03 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB9 Detail]

Download: California-2013-AB9-Introduced.html

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BILL NUMBER: AB 9	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Holden

                        DECEMBER 3, 2012

   An act relating to economic development.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 9, as introduced, Holden. State government: economic
development.
   Existing law provides for the establishment of various job
training and economic development programs, administered by the
Employment Development Department and other state agencies.
   This bill would declare the intent of the Legislature to enact
legislation that promotes job and business growth and encourages
economic development.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  The Legislature finds and declares all of the
following:
   (a) California workers and businesses are currently facing some of
the harshest economic conditions since the Great Depression.
   (b) Unemployment in California remains in the double digits after
the mortgage crisis and the subsequent economic collapse.
   (c) It is estimated that over 2.5 million Californians have lost
jobs during this recession and bankruptcies among small businesses
have been nearly double the national average.
  SEC. 2.  It is the intent of the Legislature to enact legislation
that promotes job and business growth and encourages economic
development.