AB 1530

  • California Assembly Bill
  • 2011-2012 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Economic development: Clean Manufacturing and Job Creation Incentive Act of 2012.

Abstract

(1) The Enterprise Zone Act provides for the designation and oversight by the Department of Housing and Community Development of various types of economic development areas throughout the state, including enterprise zones, targeted tax areas, local agency military base recovery areas (LAMBRAs) , and manufacturing enhancement areas, collectively known as geographically targeted economic development areas, or G-TEDAs. Pursuant to these provisions, qualifying entities in those areas may receive certain tax and regulatory incentives. This bill would, until January 1, 2020, establish the Clean Manufacturing and Job Creation Incentive Act of 2012, and would authorize the legislative body of a city, county, or city and county to establish a clean manufacturing zone, as defined, within the city, county, or city and county's boundaries for the purpose of providing incentives to manufacturing businesses to locate within that city, county, or city and county. (2) Existing property tax law provides for the levy of an annual ad valorem tax on personal property, with certain exceptions, based upon the full value of that property. This bill, commencing with the 2013–14 fiscal year, would, until January 1, 2020, authorize local agencies, as defined, to provide an annual rebate to a taxpayer in an amount that shall not exceed the amount of property tax revenue paid by the taxpayer for that year for qualified manufacturing property that is located within a clean manufacturing zone.

Bill Sponsors (9)

Votes


Actions


May 25, 2012

Assembly

In committee: Set, second hearing. Held under submission.

May 16, 2012

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

May 03, 2012

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

May 02, 2012

Assembly

Read second time and amended.

May 01, 2012

Assembly

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 1.) (April 23).

Apr 19, 2012

Assembly

Re-referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Apr 18, 2012

Assembly

Read second time and amended.

Apr 17, 2012

Assembly

From committee: Do pass as amended and re-refer to Com. on REV. & TAX. (Ayes 4. Noes 0.) (April 17).

Apr 09, 2012

Assembly

Re-referred to Com. on J., E.D. & E.

  • Referral-Committee
Com. on J., E.D. & E.

Mar 29, 2012

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on J., E.D. & E. Read second time and amended.

Assembly

Referred to Coms. on J., E.D. & E. and REV. & TAX.

  • Referral-Committee
Coms. on J., E.D. & E. and REV. & TAX.

Jan 24, 2012

Assembly

From printer. May be heard in committee February 23.

Jan 23, 2012

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1530 HTML
01/23/12 - Introduced PDF
03/29/12 - Amended Assembly PDF
04/18/12 - Amended Assembly PDF
05/02/12 - Amended Assembly PDF

Related Documents

Document Format
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Sources

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