San Diego, CA – Assemblyman Jeff Gorell (R-Camarillo), was pleased to join Governor Jerry Brown at Takeda California, Inc., a pharmaceutical manufacturing company, for the signing of Senate Bill 90 and Assembly Bill 93, which together represent the state’s new job creation program and enterprise zone reform.

The two bill package has been applauded by businesses and manufacturers throughout California as the most important economic development legislation passed in more than a decade.

"California needs long-term manufacturing investment and the eight-year sales tax exemption will help level the playing field for manufacturers to grow in California. The collective manufacturing community thanks the Assemblyman Gorell for his leadership and crucial negotiations on this issue," said Jack Stewart, President of the California Manufacturers and Technology Association. "The Assemblyman worked hard to get this package right for manufacturers and, in the end, offered a critical vote to get it passed," he went on to say.

“I am excited at the opportunity to stand by the governor for this signing of this historic job creation legislation,” stated Assemblyman Gorell. “This tax credit is a key element to our Gold Team effort here in Ventura County and it was an honor to participate in the development of this bipartisan compromise.”

AB 93 and SB 90 received bipartisan support in the Legislature establishing the Governor’s Economic Development Initiative. This initiative will help bolster California’s business climate and put Californians to work by establishing a statewide sales tax exemption on manufacturing equipment, hiring credits for businesses in areas with the highest unemployment and poverty, and providing additional investment incentives.