| Enterprise Zones |
Protect econmic development |
Senate Bill 974 (Steinberg), which would eliminate an existing Enterprise Zone hiring tax credit, will be heard by the Assembly Jobs, Economic Development and the Economy Committee this week.
VICA has a long standing policy supporting this program. SB 974 does not improve the Enterprise Zone program. The bill does not encourage business growth nor does it encourage the creation of jobs nor does it provide the means for some of our most disadvantaged citizens to get the hand up they need to enter the job market. In fact, we believe that this bill does just the opposite and will ensure that California remains the least business friendly state in the country.
VICA believes that enterprise zones assist in economic development and are one of the few tools that city can now utilize.
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