Perspective
Jul. 16, 2013
Brown signs in new tax incentives
Gov. Jerry Brown persuaded the Legislature to eliminate the state's geographically targeted economic development areas and replace them with several new tax incentives. By Chris Micheli
Gov. Jerry Brown persuaded the Legislature to eliminate the state's geographically targeted economic development areas (GTEDA) [primarily enterprise zones] and replace them with several new tax incentives. Most of these changes were made by Assembly Bill 93 (Chapter 69), with a number of modifications adopted by Senate Bill 90 (Chapter 70). Both measures were signed into law Thursday.
AB 93 contains the governor's May budget rev...
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