On July 11, 2013, California Governor Edmund G. Brown Jr. signed legislation affecting business incentives in California. All Geographically Targeted Economic Development Areas (G-TEDA) tax incentives were repealed and three new incentives were created.
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Kern County has engaged TIP Strategies to lead the preparation of an Economic Diversification Plan for East Kern County communities. Chabin Concepts is assisting TIP and Kern County with the project. The plan will provide communities in the eastern portion of Kern County with economic development strategies, solutions, and tools.
It’s not new to hear that California’s business climate is a perpetual target of ridicule. Out-of-state politicians and critics of the state’s regulations have delighted in depicting California as an inhospitable place to do business. Last year, Kern EDC covered a similar story that shed light on contradicting evidence that proved California was actually one of the the largest, richest and most diverse economies in the United States, as well as one of the nation’s fastest-growing economies and a national leader in job creation.