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Calif. Gov. Brown Signs Padilla Bill to Spur Job Creation in California – Incentivize Investment in Advanced Manufacturing
SACRAMENTO, Calif. /California Newswire/ -- Calif. Governor Jerry Brown today signed Senate Bill 1128 authored by State Senator Alex Padilla (D-Pacoima). The bill will encourage investment, job creation and economic growth in California by allowing sales and use tax exemptions on the purchase of manufacturing equipment in the advanced manufacturing sector. The bill will go into effect on January 1, 2013.