Local capital investment incentives: qualified manufacturing facilities.
It became law on Oct 11, 2009.
- Stage
- Became law
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Oct 11, 2009
What it does
Existing law, known as the Capital Investment Incentive Program, authorizes a city, county, or city and county to pay capital investment incentive amounts to a requesting proponent of a qualified manufacturing facility. A "qualified manufacturing facility" is defined for these purposes to include a facility operated by a business described in specified provisions of the Standard Industrial Classification Manual published by the United States Office of Management and Budget, and a facility operated by a business engaged in the recovery of minerals from geothermal resources. Existing law authorizes a city, special district, or school district to, with specific authorization, pay a portion of…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- V. Manuel Perez
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.