AB 755: Local agencies: capital investment incentive program.

Existing law, until January 1, 2018, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 consecutive years.

This bill would extend that authorization to January 1, 2019.