Legislative Victory: IDB Modernization Bill (MAMBA) Introduced in U.S. Senate

The Modernizing American Manufacturing Bonds Act (MAMBA) has been introduced in the U.S. Senate. MAMBA will help modernize and revolutionize Qualified Small Issue Manufacturing Bonds, known as Industrial Development Bonds (IDBs), by increasing the maximum bond size limitation (from $10 million to $30 million) and the capital expenditure limitation (from $20 million to $40 million) [...]

2016-10-13T09:25:49+00:00October 13th, 2016|CALED News, Econ Dev News, Legistlative Watch|

SB 820 Legislation to Clean Up Hazardous Waste Sites Clears Committee

SB 820 removes sunset for California Land Reuse & Revitalization Act, helps state continue pushing redevelopment of blighted properties. This is a CALED sponsored bill. SACRAMENTO – Legislation by Sen. Bob Hertzberg, D-Van Nuys, that extends the California Land Reuse & Revitalization Act, a vital legal tool enacted in 2004 that has helped propel the [...]

2016-04-07T11:04:49+00:00April 7th, 2016|CALED News, Econ Dev News, Legistlative Watch|

Gov. Brown Signs Landmark Legislation to Raise CA Minimum Wage

Monday, April 4, 2016 LOS ANGELES – Governor Edmund G. Brown Jr. joined supporters from across the state today in Los Angeles to sign landmark legislation that makes California the first state in the nation to commit to raising the minimum wage to $15 per hour statewide. “This is about economic justice, it’s about people,” [...]

2016-04-05T09:05:10+00:00April 5th, 2016|CALED News, Econ Dev News, Legistlative Watch|

SB 820 – CA Land Reuse and Revitalization Act Information

CALED is happy to announce our first piece of legislation that we are sponsoring for 2016, SB 820. Senator Robert Hertzberg is authoring a bill that will re-authorize the California Land Reuse and Revitalization Act (CLRRA). CLRRA is an important piece of economic development legislation and brings value to our communities by: Mirroring Federal legislation [...]

2016-03-08T16:07:24+00:00January 13th, 2016|CALED News, Econ Dev News, Legistlative Watch|

CALED Legislative Victories with the Governor Signing AB 2 & AB 313

09/22/2015 SACRAMENTO, CA – Governor Edmund G. Brown Jr. today signed two bills which will give local governments more economic development tools to help improve struggling communities. SB 107 and AB 2 will help cities and counties streamline efforts to enhance affordable housing in areas that need it the most. “These important new measures enacted [...]

2015-09-23T16:48:45+00:00September 23rd, 2015|CALED News, Econ Dev News, Legistlative Watch|