Enterprise zones: Los Angeles Revitalization Zone: income and bank and corporation taxes.
This could lead to more job opportunities as businesses are incentivized to hire locally.
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SB 712 — Enterprise zones: Los Angeles Revitalization Zone: income and bank and corporation taxes.
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1Introduced
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2In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill died with 1995-1996 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
In plain language
This bill creates tax incentives for businesses in the Los Angeles Revitalization Zone.
SB 712 establishes tax breaks for companies operating in the Los Angeles Revitalization Zone. The goal is to stimulate economic growth and job creation in this area.
What this means for you
- Workers: This could lead to more job opportunities as businesses are incentivized to hire locally.
- Small Business: This means potential tax savings for small businesses that establish themselves in this revitalized area.
Bill Text
What changed in the latest version
1 added · 1 removedPlain-language change summary
The updated version of Bill SB 712 made a small adjustment by adding new text while removing an existing section. This change could be important because the addition likely improves clarity or addresses a concern that was previously overlooked. It helps ensure that the bill is more effective in achieving its intended goals.
Bill Number Bill Keyword Home Bill Information California Law Publications Other Resources My Subscriptions My Favorites Bill Information >> Bill Search >> Text Bill TextBillText Information PDF2 Add To My Favorites | Version:
View plain text versions (2)
- Chaptered 10/03/95 - Chaptered Current pdf October 03, 1995
- SB712 View text html
Sponsors
- Aguiar · Cosponsor
- McDonald · Cosponsor
- Setencich · Cosponsor
- Takasugi · Cosponsor
- Committee on Revenue and Taxation · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 5 co-sponsors · 117 not signed on
Sponsors (0)
None.
Co-sponsors (5)
- Aguiar
- McDonald
- Setencich
- Takasugi
- Committee on Revenue and Taxation
Not signed on (117)
117 members have not signed on to this bill.
Show all 117 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 712?
- SB 712 is sponsored by Aguiar, McDonald, Setencich, Takasugi, and Committee on Revenue and Taxation.
- What is the current status of SB 712?
- This bill died with 1995-1996 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 712?
- Track SB 712 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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