Bill Package Takes Aim at Spurring Local Job Creation
SACRAMENTO - Assembly Speaker John A. Pérez (D-Los Angeles) made the following comments regarding Governor Brown's California Jobs First Package; a series of bills that offer over $1 billion a year in tax relief for local businesses, standing to spur job creation throughout the state.
"Supporting California businesses and creating new jobs are critical components to repairing and rebuilding our state's economy.
"This proposal will create in-state manufacturing, while the new hire tax credit will stimulate job growth.
"Democrats in the Legislature fought hard all Spring and Summer to enact the Governor's budget proposals to close the Single Sales Factor loophole and to generate in-state jobs – but the efforts fell short when no Republicans would step forward to support a compromise that would help California businesses. It's time to enact this common-sense plan that puts California's economy and our jobs ahead of out-of-state tax loopholes.
"With the budget actions now behind us, we now have the opportunity to once again push for the Governor's smart jobs proposals without getting bogged down by budget rhetoric and dogma.
"As a result, we will introduce a bill in the Assembly during the extraordinary session, authored by Assemblymember Allen, to renew the Governor's push to close wasteful tax loopholes that send California tax dollars out of state and instead put those tax breaks to a real use creating jobs here in California."
Common Sense Plan to Build California’s Economy
(Sacramento) – California Assembly Speaker John A. Pérez joined Governor Jerry Brown, business and labor leaders and other legislators today at a capitol news conference to discuss legislation to adjust the state’s tax laws to build California’s economy and create in-state jobs. At the news conference Speaker Pérez said, ““Democrats in the Legislature fought hard all Spring and Summer to enact the Governor’s budget proposals to close the Single Sales Factor loophole and to generate in-state jobs – but the efforts fell short when no Republicans would step forward to support a compromise that would help California businesses. It’s time to enact this common-sense plan that puts California’s economy and our jobs ahead of out-of-state tax loopholes.” Here’s more from the Speaker in this Assembly Access video.
Opening remarks from Speaker Pérez at today's job incentive news conference with the Governor. (1:30)
Speaker Pérez says job creation is the number one way to rebuild California's economy. (:08)
Speaker Pérez says the legislation being discussed today will increase in-state manufacturing and in-state jobs. (:07)
Speaker Pérez says adjusting the state's tax code will increase the state's economic stability. (:09)
CONTACT: John Vigna (916) 319-2408
Website of Speaker John A. Pérez: http://www.asmdc.org/speaker