BILL NUMBER: AB 484	AMENDED
	BILL TEXT

	AMENDED IN SENATE  JUNE 14, 2012
	AMENDED IN SENATE  JUNE 6, 2012
	AMENDED IN SENATE  MAY 1, 2012
	AMENDED IN SENATE  APRIL 9, 2012
	AMENDED IN SENATE  FEBRUARY 15, 2012
	AMENDED IN ASSEMBLY  MAY 27, 2011
	AMENDED IN ASSEMBLY  MARCH 29, 2011

INTRODUCED BY   Assembly Member Alejo
   (Principal coauthor: Assembly Member Knight)
   (Coauthor: Senator Runner)

                        FEBRUARY 15, 2011

   An act to add and repeal Section 7074.4 of the Government Code,
relating to enterprise zones.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 484, as amended, Alejo. Enterprise zones: expiration of
designation.
   The Enterprise Zone Act requires the Department of Housing and
Community Development to administer the act and to designate no more
than 42 enterprise zones at any one time that may be proposed by a
city, county, or city and county from applications selected on the
basis of the most effective, innovative, and comprehensive
regulatory, tax program, and other incentives in attracting private
sector investment in the zone proposed. The act specifies that any
enterprise zone designated by the department on or after January 1,
1997, may not exceed a designation period of 15 years. Existing law
also authorizes an expiring enterprise zone that applies for a new
enterprise zone designation and receives a conditional designation
letter from the department, to offer, and a taxpayer doing business
within the geographic boundaries of the new zone referenced in the
conditional designation letter is eligible to receive, all enterprise
zone benefits until the department makes a final designation or
declines to redesignate the zone, as specified.
   This bill would authorize an enterprise zone that expired in 2012
 that sent  a letter to the department in 2012 expressing
the intent of the jurisdiction to reapply for a new enterprise zone
designation before the expiration of the designation of the
enterprise zone. The bill would provide that if that letter 
is   was  sent and, if before the expiration of the
designation of the enterprise zone, the department has not issued a
request for proposal and has not conditionally designated the maximum
number of enterprise zones within the state,  then 
the enterprise zone shall be deemed to be temporarily 
redesignated   extended  and businesses within the
geographic boundaries of the previous enterprise zone may continue to
be eligible to receive all enterprise zone benefits. The bill would
provide that the temporary  redesignation  
extension  of an enterprise zone pursuant to this section shall
continue until the earlier of December 31, 2014, or the date that the
department  completes any regulatory or administrative
review, issues a request for proposal, and  issues
conditional designation letters to the maximum number of enterprise
zones within the state. The bill would also require the department to
notify the Franchise Tax Board within 60 days of any extension of
 an  enterprise zone  benefits  
designation  pursuant to these provisions. The bill would also
require the department to notify the Franchise Tax Board  and
any affected taxpayers within an enterprise zone that has been
temporarily redesignated pursuant to this section 60 days prior to
the date that the temporary redesignation period is to expire or
December 31, 2014.   within 60 days of the expiration of
any enterprise zone   pursuant to these provisions. 
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 7074.4 is added to the Government Code, to
read:
   7074.4.  (a) Notwithstanding any other law, if an enterprise zone
that expired in 2012 had sent a letter to the department in 2012
expressing the intent to reapply for a new enterprise zone
designation before the expiration of the designation of the
enterprise zone, and if  ,  before the expiration of the
designation of the enterprise zone  ,  the department has
not issued a request for proposal and has not conditionally
designated the maximum number of enterprise zones within the state,
the enterprise zone shall be deemed to be temporarily 
redesignated  extended  and businesses within the
geographic boundaries of the previous enterprise zone shall be
eligible to receive all enterprise zone benefits as of the date that
the previous enterprise zone expired. The temporary 
redesignation  extension  of an enterprise zone
pursuant to this section shall continue until the earlier of December
31, 2014, or the date that the department  completes any
regulatory or administrative review, issues a request for proposal,
and  issues conditional designation letters to the maximum
number of enterprise zones within the state.
   (b) The department shall notify the Franchise Tax Board within 60
days of any extension of  an  enterprise zone 
benefits   designation  pursuant to this section.
The department shall notify the Franchise Tax Board  and any
affected taxpayers within an enterprise zone that has been
temporarily redesignated pursuant to this section 60 days prior to
the date that the temporary redesignation period is to expire or
December 31, 2014.   within 60 days of the expiration of
any enterprise zone pursuant to this section. 
   (c) This section shall remain in effect only until January 1,
2015, and as of that date is repealed, unless a later enacted
statute, that is enacted before January 1, 2015, deletes or extends
that date.