CMTA Manufacturing Growth Agenda bills move forward

By Michael Shaw

Capitol Update, April 28, 2017 Share this on FacebookTweet thisEmail this to a friend

With the passage of the first significant committee deadline for legislation last week, CMTA is happy to announce that the 2017 Manufacturing Growth Agenda bills cleared their respective policy committees. From extending a critical sales tax exemption that will help manufacturers to buy new, efficient equipment to increasing funding for training students to succeed in manufacturing careers, the Mfg Growth Agenda now heads to the respective Appropriations Committees in the Senate and Assembly to evaluate the state costs for these important manufacturing economy investment bills.

  • AB 445 (Cunningham/O’Donnell) extends the existing Career Technical Education Incentive Grant for another three years at the current annual amount of $300 million while preserving the one-to-one state-to-local match ratio and maintaining the quality and accountability criteria needed to ensure relevant instruction that is in demand.
  • AB 600 (Cooper) / SB 600 (Galgiani) extends the existing partial Sales and Use Tax Exemption (STE) and improves the 'useful life' definition to increase utilization by California manufacturers and R&D equipment purchases.

AB 445 was heard in the Assembly Appropriations Committee last week and placed on the Suspense File where bills above a certain cost are placed until later in the month.

AB 600 and SB 600 will be heard in mid-May in the respective Appropriations Committees where they must clear the committee by May 26th. If you are interested in joining with other companies in support of the Manufacturing Sales and Use Tax Exemption, please send your company name and logo to Loretta Macktal at lmacktal@cmta.netto be added to the letter. Help CMTA get these Mfg Growth Agenda bills across the line.

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