Enrolled September 19, 2017 Passed IN Senate September 15, 2017 Passed IN Assembly September 16, 2017 Amended IN Senate September 07, 2017 Amended IN Assembly May 30, 2017 Amended IN Assembly April 24, 2017 Amended IN Assembly March 23, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 755Introduced by Assembly Member Eduardo Garcia(Principal coauthor: Senator Hueso)February 15, 2017 An act to amend Section 51298.5 of the Government Code, relating to economic development.LEGISLATIVE COUNSEL'S DIGESTAB 755, Eduardo Garcia. Local agencies: capital investment incentive program.Existing law, until January 1, 2018, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 consecutive years.This bill would extend that authorization to January 1, 2019.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 51298.5 of the Government Code is amended to read:51298.5. (a) This chapter shall remain in effect only until January 1, 2019.(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.
Enrolled September 19, 2017 Passed IN Senate September 15, 2017 Passed IN Assembly September 16, 2017 Amended IN Senate September 07, 2017 Amended IN Assembly May 30, 2017 Amended IN Assembly April 24, 2017 Amended IN Assembly March 23, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 755Introduced by Assembly Member Eduardo Garcia(Principal coauthor: Senator Hueso)February 15, 2017 An act to amend Section 51298.5 of the Government Code, relating to economic development.LEGISLATIVE COUNSEL'S DIGESTAB 755, Eduardo Garcia. Local agencies: capital investment incentive program.Existing law, until January 1, 2018, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 consecutive years.This bill would extend that authorization to January 1, 2019.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
Enrolled September 19, 2017 Passed IN Senate September 15, 2017 Passed IN Assembly September 16, 2017 Amended IN Senate September 07, 2017 Amended IN Assembly May 30, 2017 Amended IN Assembly April 24, 2017 Amended IN Assembly March 23, 2017
Enrolled September 19, 2017
Passed IN Senate September 15, 2017
Passed IN Assembly September 16, 2017
Amended IN Senate September 07, 2017
Amended IN Assembly May 30, 2017
Amended IN Assembly April 24, 2017
Amended IN Assembly March 23, 2017
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 755
Introduced by Assembly Member Eduardo Garcia(Principal coauthor: Senator Hueso)February 15, 2017
Introduced by Assembly Member Eduardo Garcia(Principal coauthor: Senator Hueso)
February 15, 2017
An act to amend Section 51298.5 of the Government Code, relating to economic development.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 755, Eduardo Garcia. Local agencies: capital investment incentive program.
Existing law, until January 1, 2018, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 consecutive years.This bill would extend that authorization to January 1, 2019.
Existing law, until January 1, 2018, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 consecutive years.
This bill would extend that authorization to January 1, 2019.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 51298.5 of the Government Code is amended to read:51298.5. (a) This chapter shall remain in effect only until January 1, 2019.(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 51298.5 of the Government Code is amended to read:51298.5. (a) This chapter shall remain in effect only until January 1, 2019.(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.
SECTION 1. Section 51298.5 of the Government Code is amended to read:
### SECTION 1.
51298.5. (a) This chapter shall remain in effect only until January 1, 2019.(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.
51298.5. (a) This chapter shall remain in effect only until January 1, 2019.(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.
51298.5. (a) This chapter shall remain in effect only until January 1, 2019.(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.
51298.5. (a) This chapter shall remain in effect only until January 1, 2019.
(b) A capital investment incentive program established pursuant to this chapter before January 1, 2019, may remain in effect for the full term of that program, regardless of the repeal of this chapter.