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Enterprise zones.


A state Assembly committee has proposed major changes to the state's enterprise zone program to address concerns state tax credits are being abused.

The Assembly Committee on Jobs, Economic Development and the Economy, chaired by Juan Arambula Juan Arambula is a California State Assemblyman. He represents the 31st district. Arambula was elected to the Assembly in 2004. Arambula has announced his intentions to retire in 2008 even though he would still have one more term under the term limits law. He is a Democrat. , D-Fresno, is recommending tightening the requirements for tax credits for companies in enterprise zones.

Currently, companies can claim tax credits of up to $34,000 for each employee hired who lives within the enterprise zone, regardless of the income level of that employee's household. The committee's proposal would make tax credits applicable only when the employees hired are from low-income low-in·come
adj.
Of or relating to individuals or households supported by an income that is below average.
 households.

Staff reporter Howard Fine Howard Fine (November 28, 1958) is an American acting teacher, the founder of the Howard Fine Acting Studio in Hollywood, CA, and also a theatre director. Early Life
Howard Fine was born on November 28, 1958 in Providence, Rhode Island. He is the youngest of 5 children.
 can be reached by phone at (323) 549-5225, ext. 227, or by e-mail at hfine@labusinessjournal.com.
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Title Annotation:REGULATION WATCH
Author:Fine, Howard
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1U9CA
Date:Apr 10, 2006
Words:119
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