BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



           ----------------------------------------------------------------- 
          |SENATE RULES COMMITTEE            |                       SCR 127|
          |Office of Senate Floor Analyses   |                              |
          |1020 N Street, Suite 524          |                              |
          |(916) 651-1520         Fax: (916) |                              |
          |327-4478                          |                              |
           ----------------------------------------------------------------- 
           
                                           
                                    THIRD READING


          Bill No:  SCR 127
          Author:   Huff (R)
          Amended:  As introduced
          Vote:     21

           
          SUBJECT  :    California Manufacturing Week

           SOURCE  :     California Manufacturers and Technology Association


           DIGEST  :    This resolution declares the week of June 16, 2014,  
          through June 22, 2014, as California Manufacturing Week.

           ANALYSIS  :    This resolution makes the following legislative  
          findings:

          1.California has the nation's largest industrial economy and  
            leads the nation in aerospace, technology, biotechnology, and  
            food processing employment.  Over 1.2 million citizens are  
            employed by California manufacturers in high-wage,  
            middle-class jobs and provide benefits to other sectors of the  
            economy.

          2.With firms increasingly choosing to relocate or shift  
            production from overseas to more favorable locations in the  
            U.S., California leaders are committed to making sure  
            California can compete to capture its fair share of this new  
            manufacturing job growth and investment in the U.S.   
            Manufacturers, beginning in 2014, will enjoy a California  
            state sales tax exemption for purchases of manufacturing  
            equipment to encourage more investments in the state.

                                                                CONTINUED





                                                                    SCR 127
                                                                     Page  
          2

          3.Attracting new manufacturing investments to maintain existing  
            job creation and support new job creation is vital for the  
            long-term health of California's economy.

          This resolution declares the week of June 16, 2014, through June  
          22, 2014, as California Manufacturing Week.
           FISCAL EFFECT  :    Fiscal Com.:  No

           SUPPORT  :   (Verified  6/9/14)

          California Manufacturers and Technology Association (source) 


          MW:nl  6/10/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

                                   ****  END  ****