California Enterprise Zone Program

The California Enterprise Zone Program was designed to stimulate economic growth in struggling areas by providing tax incentives to businesses that set up operations there. Companies can receive benefits like tax credits for hiring local residents, sales tax exclusions on certain equipment, and other financial incentives. The goal is to encourage job creation, attract new businesses, and revitalize communities. However, it’s important to note that the program has undergone changes, and some parts of it have been replaced or phased out since its inception in 1986.