AB 485 signed, puts logistics job growth at risk in IE and elsewhere in California
AB 485 (Medina) was signed into law this week, which will likely dampen job creation and hiring in California’s trade and logistics industry by forcing…
Category: Business Incentives and Tax Issues
LAEDC Eddy Awards to recognize Citi as the 2019 Corporate Honoree
The Los Angeles County Economic Development Corporation (LAEDC) will honor Citi at this year’s Eddy Awards. The global bank is the 2019 Corporate Honoree; a…
LAEDC opposes AB 485 because it discourages logistics projects that create jobs (2019 Legis. Session)
LAEDC strongly opposes Assembly Bill (AB) 485 (Medina), as it did last year with AB 2853, which was an antecedent bill ultimately vetoed by then…
LAEDC exclusive: California’s Chief Economic Advisor talks housing, incentives, investment priorities
Lenny Mendonca, Governor Newsom’s Chief Economic Advisor sat down with LAEDC to talk economic priorities, and we are pleased to provide the video interview here.
CA Competes Tax Credit Reauthorization is Supported by LAEDC
The California Competes Tax Credit remains one of the few incentives that we have available to incent businesses that are considering whether to come, stay…
Treasurer Chiang Presents New CBIG Website at LAEDC Board Meeting
New California Business Incentives Gateway connects California incentives to businesses. At the March LAEDC Board of Governor’s meeting, LAEDC members learned from Treasurer John Chiang…
Lights, Camera, but No Action,” a paper by Michael Thom, Fails to Add to Film & TV Tax Credit Discussion
California’s Film and Television Tax Credit Program is a targeted economic stimulus initiative designed to protect and increase film and television production, jobs and tax…