3/24/2006

A.V. hopes to win spacecraft jobs

It sounds like even the Enterprise Zone may not be enough to convince business to locate in California:
"Assemblywoman Sharon Runner, R-Lancaster, co-authored legislation to provide state tax credits for work on the CEV. She is now looking at trying to get those credits included into the governor's revised budget proposal in May.

'We have to have some real incentives to offer,' Runner said. 'This way it comes sooner rather than later.'

The tax credit would be for 10 percent of an employee's wages and 10 percent for equipment purchased directly for the program."