Cervantes Introduces Bill to Help Small Businesses Stay Competitive in Today’s Economy
(SACRAMENTO) – Assemblymember Sabrina Cervantes (D-Corona) has introduced a bill relating to the California Competes Tax Credit Program. The California Competes Tax Credit, administered by the Governor’s Office of Business and Economic Development (GO-Biz), is an income tax credit available to small businesses that wish to establish a business, or stay and grow in California. The bill, Assembly Bill 162, would make more small businesses eligible to apply for the program.