What is an Enterprise Zone?
An enterprise zone is a state-designated area that provides state
tax and local incentives to businesses that are located in the
boundaries. There is no application process to qualify for the
program. The location of the business determines eligibility.
In a delivery, transportation, or contracting type business, the
location of the job site may make the business eligible. The zone
program term is 15 years. The Yuba-Sutter Enterprise Zone
designation term began on October 15, 2006, will continue until October
14, 2021. This is the second zone designation for Yuba-Sutter,
having ended a 20-year term on October 14, 2006.
Yuba-Sutter Enterprise Zone stretches as far north as Live Oak and
as far south as Wheatland.
Old Zone versus New Zone
Businesses located in the
"old" zone area
can still take advantage of the zone tax credits and deductions if not
already taken. There is no end date set by the state.
Businesses that were not in the
zone, but are now in the "new" zone can only take advantage of the
program as of October 15, 2006. Only new hires on and after that
date are eligible under the hiring tax credit program.
New TEA Established
A new Targeted
Employment Area has been established with an effective date of October 15,
2006. Check the Targeted Employment Area (TEA) link for more
information. A new application fee also applies.
Voucher Application Process, Forms &
See the "Hiring
Credit" link for new information on the hiring tax credit program.
The state has issued new voucher application forms that employers must
use to request a hiring credit voucher from a zone manager. There
is both an online form that can be entered on the computer and printed
out or there is a word format version that you can download and complete
off line. See the guidelines at the "Zone
Forms & Docs" link that includes the state required documents now allowed for use
under the program. No other documents can be used, so it is
important to review this information if requesting vouchering