AB 93 (Budget Committee/Blumenfield) – Enterprise Zone Elimination – OPPOSE
AB 93 discourages economic growth in local communities and underserved areas. It reduces the number of categories that allow employers to determine whether an individual qualifies for the program prior to making an employment offer and it includes a net new jobs requirement that is almost unworkable for many businesses.
AB 28 (Perez) – Enterprise Zone Improvements – SUPPORT
CIEEE joins the League of California Cities, California Manufacturers and Technology Association, National Federation of Independent Business, the California Chamber and numerous other business and local government groups in SUPPORT of AB 28, a proposal with numerous reforms to the California Enterprise Zone (EZ) Program.
This coalition supports a number of important improvements to the EZ Program, including limiting retro- vouchering, limiting the size of TEA boundaries, ensuring workers are protected during relocations, and precluding “bad actor” businesses from benefitting from EZ tax incentives.
SB 434 (Hill) – Enterprise Zones – OPPOSE
CIEEE joins the California Manufacturers and Technology Association, National Federation of Independent Business, the California Chamber the City of Sacramento and numerous other business and local government groups in OPPOSITION to SB 434, which would seriously harm California’s only remaining economic development program and particularly impact small businesses, impoverished areas of the state, and primarily low-‐income and minority communities.
We believe SB 434 is based on several misconceptions about the Enterprise Zone (EZ) Program.
Particularly concerned by some of the public statements that the sponsors of SB 434 have made, such as claiming the EZ Program gives “big business big tax breaks for eliminating good-‐paying jobs.” That is a blatant misrepresentation. There is not a single provision of the EZ program that rewards a business for eliminating any job, let alone a good-‐paying one. Moreover, according to FTB data, 94% of the EZ tax credits are claimed by small businesses.