Home > Categories > Social Sciences and the Law > Political Science and Government > U.S. Government > enterprise zone

enterprise zone

From: The Columbia Encyclopedia, Sixth Edition | Date: 2008

enterprise zone designated geographical district in which resident businesses are legally entitled to receive special benefits from a government, established in economically depressed areas to encourage companies to locate there. Most states enacted enterprise zone programs during the 1980s, and changes in the federal tax code in 1993 instituted tax incentives for businesses in certain locations, sometimes referred to as empowerment zones. Typical incentives offered to attract businesses to enterprise zones include tax credits, subsidized loans, and reduced regulations. Although usually associated with urban areas, enterprise zones have also been set up in rural areas. Most enterprise zones have only been marginally successful in reviving the areas in which they are located, in part because businesses located in such zones often employ workers who live outside the area.

Author not available, ENTERPRISE ZONE., The Columbia Encyclopedia, Sixth Edition 2008

The Columbia Encyclopedia, Sixth Edition. Copyright 2008 Columbia University Press

For permission to reuse this article, contact Copyright Clearance Center.

Related articles from HighBeam Research:

	Deals rush to beat enterprise cutoff; limits on suburban zones feared. Crain's Cleveland Business; 11/29/1993; Mooney, Barbara Bullard, Stan; 843 words; ... pending expiration of Ohio's enterprise zone program is causing a rush to ... over the future scope of the enterprise zone program, which was established ... tougher for areas to qualify for enterprise zone status, said Daniel Navin, director ...
	Enterprise Zones promote planned growth. Sun (Port Charlotte, FL); 1/26/2006; 721 words; ... result of this Enterprise Zone designation, businesses ... government, Dana wrote. The enterprise zone program is designed to accommodate ... that urban areas do, rural enterprise zones, such as those in ... business located within a rural enterprise zone to take a sale-and-use ...
	Enterprise zone status could boost economy. Merced Sun-Star (Merced, CA); 11/4/2006; 640 words; ... saying we're ready to go. Enterprise zones are typically established ... announcement Friday about the 23 enterprise zones in California that ... sales tax credits, these enterprise zones can harness the ... Mike McAdam said the enterprise zone will be particularly ... area. Merced County's ...
	ENTERPRISE ZONE DECISION NEARS FOR A.V. CITIES : HOPE IS TO BRING NEW FIRMS TO VALLEY.(NEWS) Daily News (Los Angeles, CA); 10/14/1996; 1044 words; Byline: Jim Skeen Daily News Staff Writer By November ... the Antelope Valley as an enterprise zone, providing the region with ... communities designated as enterprise zones, which provide tax ... move in or expand. ``The enterprise zone is another arrow in our ... to stay in California.'' ...
	Enterprise zones as an instrument of urban policy: a review of the zones in South Central Los Angeles. Government Finance Review; 6/1/1993; Glover, Glenda Brownridge, J. Paul; 1845 words; ... particularly for zone residents. The enterprise zone concept requires less government ... District of Columbia have enacted enterprise zone legislation and have established ... geographic area to be selected as an enterprise zone vary from state to state, but ...
	ENTERPRISE ZONES ARE USEFUL TOOLS FOR COLORADO'S ECONOMIC HEALTH.(BUSINESS) Rocky Mountain News (Denver, CO); 2/4/1996; 454 words; ... Ten years ago, Colorado passed enterprise zone legislation providing special ... to stimulate growth were the enterprise zone tax credits. Within five years ... have occurred with or without enterprise zone incentives. That is palpable ...
	Builder Takes Advantage of New Enterprise Zone in Arizona. (Originated from The Phoenix Gazette) Knight Ridder/Tribune Business News; 2/24/1994; Perez, Janet; 570 words; ... the state's largest and newest enterprise zone is helping bring more jobs to ... the Western Maricopa County Enterprise Zone, made up of 13 cities, 200,000 ... they hire. To qualify as an enterprise zone, an area must record unemployment ...
	Enterprise Zone Tax Credit Program to Stay, But Endure Changes in Rhode Island. Knight Ridder/Tribune Business News; 6/4/2004; 785 words; ... Ridder/Tribune Business News Jun. 4--Changing course ... proposed keeping the state's enterprise zone tax-credit program ... the state. Modifying the enterprise zone tax-credit program will ... program, there are nine enterprise zones across Rhode Island ... plan would change how an ...
	Georgia-Pacific plans to expand into county's new enterprise zone. Savannah Morning News (Savannah, GA); 5/25/2006; 737 words; ... to doing everything the zone outlines, and we hope that ... Commission formally approved the zone on May 12. The goal of Enterprise Zone 1 is to revitalize the unincorporated ... President Street Extension. (The zone) relies on the poverty of ... or expanding companies in enterprise zones ...
	Fixes for economic program limited Arambula's attempt to overhaul controversial enterprise zones not as successful as he wanted.(LOCAL NEWS) The Fresno Bee (Fresno, CA); 9/10/2006; 1202 words; ... overhaul the state's controversial enterprise zone program found only limited success ... Assembly Bill 1550, the scaled-down enterprise zone bill that passed the Senate ... well-to-do workers. Fresno's enterprise zone covers a large part of the city ...
	Stunned officials regroup as enterprise zone is declined; state's explanation for denying application sought.(Economic Alliance of the San Fernando Valley) San Fernando Valley Business Journal; 11/20/2006; Madler, Mark R.; 753 words; ... renewing the Northeast Valley Enterprise Zone, an area that allows for businesses ... economy and we can't qualify as an enterprise zone, said Bruce Ackerman, of the ... wanting to re-locate within the enterprise zone, particularly those that were ...
	Coachella Valley, Calif.-Area Enterprise Zone Provides Several Tax Benefits. Knight Ridder/Tribune Business News; 10/20/2002; 764 words; ... Jonathan Shikes, The Press-Enterprise, Riverside, Calif. Knight Ridder/Tribune Business News Oct. 20--Guy Evans doesn't ... state-designated, 35,000-acre enterprise zone, Evans is eligible for more ... allows businesses in the zone to knock off some tax debt ... director of the Coachella Valley ...
	ANOTHER VIEW: Enterprise Zone's Premise Is False Sun Reporter, The; 12/28/1995; Emory Curtis; 789 words; ... ANOTHER VIEW: Enterprise Zone's Premise Is ... is a reason enterprise zones and many ... Revitalization Zone and the 40 other state enterprise and tax incentive ... That is why the enterprise zones don't ... businesses come to a zone area, they won ...
	New law expands enterprise zone life St. Joseph News-Press; 7/14/2003; GREG KOZOL; 526 words; ... or expand in the current enterprise zone are entitled to a 50 percent ... Commerce, said the satellite enterprise zone could be used with the current enterprise zone or as a separate area within ... the Legislature. The good news for St. Joseph is now we ... ability to create the ...
	BERGEN MAY GET ENTERPRISE ZONE The Record (Bergen County, NJ); 7/21/1994; MARAH SHUMAN, Staff Writer; 625 words; ... 07-21-1994 BERGEN MAY GET ENTERPRISE ZONE -- GARFIELD, LODI, ENGLEWOOD ... 1994, Thursday Section: NEWS Edition: 3 Star, Also in ... three is chosen as the first enterprise zone in the county, but so far ... eligible to apply for four open enterprise zone spots. An enterprise ...