AB 2 Appears to be the Long-Awaited Redevelopment Replacement Law -
Since the demise of redevelopment in 2012, and the assurance of a “replacement” by Gov. Jerry Brown, we have been waiting. We saw valiant efforts by...more
The Governor’s Office of Business and Economic Development will award more than $200 million in California Competes Tax Credits within the next year. The tax credits are for businesses that want to move to California, or...more
The Governor’s Office of Business and Economic Development (GO-Biz), serves as California’s single point-of-contact for economic development and job creation efforts, and administers the California Competes Tax Credit...more
Until recently, California’s state-level economic development cupboard was looking a little bare — its 400 redevelopment agencies were dissolved in February 2012, property tax increment financing has been discontinued and...more
Yesterday, Governor Brown signed into law AB 93, legislation that will institute two new tax exemption programs for manufacturing and bio-tech equipment, add a hiring credit for employment in specified geographic areas and...more