CMTA's CEO & President Releases Statement on Gov. Gavin Newsom Vetoing Manufacturing Tax Credit, AB 52
September 24, 2024
September 24, 2024
SACRAMENTO, California, Sept. 24 -- The California Manufacturers and Technology Association issued the following statement on Sept. 23, 2024:
* * *
Late Friday evening, California Governor Gavin Newsom returned AB 52 (Grayson) to the Legislature without his signature. This bill would have provided an investment tax credit for the purchase of manufacturing equipment.
In his veto message, Governor Newsom stated this bill would have a significant impact on the . . .
* * *
Late Friday evening, California Governor Gavin Newsom returned AB 52 (Grayson) to the Legislature without his signature. This bill would have provided an investment tax credit for the purchase of manufacturing equipment.
In his veto message, Governor Newsom stated this bill would have a significant impact on the . . .