When Gov. Jerry Brown released his proposed 2012-13 budget, he indicated that the Administration would propose legislation to reform the enterprise zone program. In addition, the state's Department of Housing and Community Development (HCD) issued a memorandum announcing that no new zone designations would be issued until further notice, and zones that have recently received conditional designations would receive a one-time restart of their 180-month deadline to complete the final designation process.
Before HCD considers issuing requests for proposals on the enterprise zone program, it is seeking reforms that would:
Limit retroactive vouchering;
Reduce Target Employment Areas; and
Restrict the expansions of zones.
The League is ready to engage in conversations regarding reforms to the current enterprise zone program, with the intent to improve the enterprise zone program, not diminish the value enterprise zones bring to local jurisdictions across California. For these reasons, the League supports AB 484.
City officials are urged to immediately send support letters on AB 484. A sample support letter can be accessed on the League's website by typing "AB 484" into the search box.