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California Investment Guide

Source: www.labor.ca.gov
Topic: Property Investment

Sort Desciption: California Investment Guide. Page 18. Property Taxes. County government levies and administers. property taxes. The State Board of ...

Content Inside: California Investment Guide An Overview of Advantages, Assistance, Taxes and Permits Presented by California Business Investment Services 801 K Street, Suite 2100 Sacramento, CA 95814 (916) 322-0000 June 2006 California Investment Guide TABLE OF CONTENTS SECTION PAGE Business Climate ….…………†…….…….…⠦……………⠦.…… 3 California’s Business Advantages ……………… ……………… ….…… 4 Investment Assistance …………….†……………†.…………….⠦… 7 Targeted Tax Credits …….….……†¦â€¦â€¦â€¦.……⠦…….…… 7 Employee Training ……………… ………….…†……….…… 11 Financial Assistance ……………… ……….….…†¦â€¦â€¦.…… 12 Local Incentive Options …………….†…….…….…⠦.…… 15 State Taxes ……………… …………….†…….………†¦â€¦â€¦â€¦â€¦. 17 Permit Process ……………… ……….……†….……….…⠦……… 20 California Investment Guide Business Climate California is once again “open for business.” Through the leadership of Governor Arnold Schwarzenegger, California is lowering the cost of doing business and making it easier to invest and grow and to create jobs. A quick review of key initiatives and actions in 2004-05 make it clear that California has entered a new era for business investment and job creation: • Californians approved Propositions 57 and 58, ballot measures the Governor proposed to limit state spending and refinance the state’s debt; • The Legislature passed the Governor’s comprehensive workers’ compensation reform bill (SB 899), reducing employer costs by billions of dollars; • The Governor directed the state Public Utilities Commission (PUC) to implement measures to accelerate power production; • The Governor championed Proposition 71 – the Stem Cell Research Initiative that will disburse $3 billion in grants over the next 10 ...

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