Enterprise zones.(REGULATION WATCH)(Brief article)

From: Los Angeles Business Journal | Date: April 10, 2006| Author: | Copyright information

A state Assembly committee has proposed major changes to the state's enterprise zone program to address concerns state tax credits are being abused.

The Assembly Committee on Jobs, Economic Development and the Economy, chaired by Juan Arambula, D-Fresno, is recommending tightening the requirements for tax credits for companies in enterprise zones.

Currently, companies can claim tax ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

FED: Tax credits could moderate wages without freeze: Crean
; ...General News (Australia) 03-30-1999 FED: Tax credits could moderate wages without freeze...CANBERRA, March 30 AAP - A system of tax credits could moderate wages and boost employment...freeze on wage rises as a trade off for tax credits. Instead, he said tax credits ...
Home-owners missing out by not claiming tax credits
; ...of home-owners are failing to claim tax credits high enough to meet the monthly payments...one in five households eligible for tax credits of more than [Pound]60 a week is failing...took effect last month, and extended tax credits to those without children, as well as...
Fed: Crean puts tax credits back on agenda
; 00-00-0000 Fed: Crean puts tax credits back on agenda CANBERRA, April...Leader Simon Crean today put tax credits firmly back on Labor's policy...1998 election policy of giving tax credits to boost the incomes of low-income...
California lawmakers want to slash some business tax credits.
; ...increase in armor production -- and tax credits from the state. In Santa Ana, Tom's...billion over two years. The battle over tax credits is symbolic of the larger Democrat-Republican...state's budget crisis? Rolling back tax credits for businesses, Democrats say, is preferable...
New Market Tax Credits and CRA: A Winning Combination
; ...forward to capture their share of federal tax credits available under the New Markets Tax...claimed over a seven-year period. These tax credits can help banks extend their reach into...CDFI) Fund has been authorized to award tax credits for up to $15 billion in qualified ...
Lager's push to repeal some tax credits met with criticism
; ...local lawmaker tried to kill several tax credits Tuesday. Another attempted to revive...Joseph. The state issued $493 million in tax credits in 2006. In 2007, the state issued $703 million in tax credits. And more than $810 million is expected...
Capital One Wins Hurricane Tax Credits; U.S. Program Offers Loans to Businesses
; ...organizations to receive $600 million in tax credits to support loans for businesses setting...qualified for up to $100 million in federal tax credits because of its purchase last November...will receive dollar-for-dollar matching tax credits for business loans that it plans to...
Experts debate value of tax credits
; ...thought too expensive, but today tax credits are considered the modern, effective way to ensure prosperity. Tax credits are not only for the rich. Allowing...be able to stand on their own. "Tax credits that end up to be nothing more than...
$7.6M in tax credits unclaimed
; ...Bergen County, NJ) 10-05-2004 $7.6M in tax credits unclaimed -- Group offering help in...failed to claim almost $7.6 million in tax credits in 2002, according to the Association...right to claim federal Earned Income Tax Credits. "People in Paterson could really use...
Portland, Ore., Misses Out on Tax Credits for Urban Renewal.
; ...250 million in federal New Market Tax Credits didn't make the first cut. Norris Lozano...66 recently awarded $2.5 billion in tax credits. He said the city is confident it will get future tax credits and is regrouping with plans to apply...