summary
Introduced
02/15/2017
02/15/2017
In Committee
09/16/2017
09/16/2017
Crossed Over
05/31/2017
05/31/2017
Passed
09/16/2017
09/16/2017
Dead
Signed/Enacted/Adopted
10/12/2017
10/12/2017
Introduced Session
2017-2018 Regular Session
Bill Summary
An act to amend Section 51298.5 of the Government Code, relating to economic development.
AI Summary
This bill extends the authorization for a county, city and county, or city to establish a capital investment incentive program until January 1, 2019. The program allows these local agencies to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 consecutive years. The existing law was set to expire on January 1, 2018, and this bill extends the authorization for an additional year.
Committee Categories
Agriculture and Natural Resources, Budget and Finance, Business and Industry, Government Affairs
Sponsors (2)
Last Action
Chaptered by Secretary of State - Chapter 709, Statutes of 2017. (on 10/12/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=201720180AB755 |
| Bill | http://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180AB755 |
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