Friday, June 28, 2013

California enterprise zones face elimination after Assembly vote

The solution is a little hard to follow.  Obviously, pro-enterprise zone people are not thrilled.
"It's a significant change from what we have already, so it is a loss to Long Beach," said Tom Modica, the city's director of government affairs.

The governor's plan is intended to aid manufacturers and biotech firms, but Cambrian Homecare president Rhiannon Acree said hiring credits under the outgoing program have been a boon to the service industry as hiring credits helped her Long Beach-based company manage insurance costs and charges to customers.

She was not happy to hear the bill passed.

"It's just another added nail in the coffin of doing business in California, isn't it? Especially in Long Beach. Long Beach needs all the help it can get," she said.

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