BILL NUMBER: AB 2712	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Knight

                        FEBRUARY 19, 2010

   An act to amend Section 7074.2 of the Government Code, relating to
enterprise zones.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2712, as introduced, Knight. Enterprise zones.
   The Enterprise Zone Act authorizes the designation of certain
depressed areas in this state as enterprise zones for purposes of
providing specific economic incentives within those areas.
   This bill would make technical, nonsubstantive changes to that
act.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


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

  SECTION 1.  Section 7074.2 of the Government Code is amended to
read:
   7074.2.  (a) Notwithstanding any other  provision of
 law, a city, county, or a city and county may designate a
joint powers authority to administer an enterprise zone.
   (b) No more than 42 enterprise zones may be designated at any one
time pursuant to this chapter, including those deemed designated
pursuant to subdivision (e) of Section 7073. Upon the expiration or
termination of a designation, the department may designate another
enterprise zone to maintain a total of 42 enterprise zones.
   (c) Notwithstanding any other  provision of  law,
an expiring enterprise zone that applies for a new enterprise zone
designation pursuant to Section 7073 or 7073.1, and receives a
conditional designation letter from the department, may offer, and a
taxpayer doing business within the geographic boundaries of the new
zone referenced in the conditional designation letter shall be
eligible to receive, all enterprise zone benefits until the
department makes a final designation or declines to redesignate the
zone. The department shall make the effective date of the new zone
the date of expiration of the previous designation and the term of
the new zone shall begin on that date.