Assemblyman Ken Cooley Protects McClellan, Mather Hiring Tax Credits

For immediate release:

RANCHO CORDOVA– Assemblyman Ken Cooley has secured inclusion of hiring credits for Local Agency Military Base Recovery Areas (LAMBRAs) in Senate Bill 90, a follow-up to the Enterprise Reform Bill (Assembly Bill 93) passed by the Legislature last week.  When reviewing the legislation prior to the vote, Cooley identified that the LAMBRAs on which McClellan and Mather re-use rely had been omitted and immediately brought the issue to the Governor’s staff’s attention so that it could be rectified.  SB 90, which passed with bi-partisan support, addresses this problem by reinstating LAMBRAs as geographical areas that will receive new incentives to create jobs.

 “As the representative for two of the state’s seven military bases within LAMBRA zones statewide, I felt it was imperative to advocate at all levels to make sure the LAMBRA credits were not done away with,” said Assemblyman Ken Cooley.  “A major part in helping our local economy grow is protecting the tools we use to redevelop and reuse our former military bases.” (Both airports have now exceeded the job levels they had when base closure was announced.)

The two bases included in the Sacramento County LAMBRA are McClellan and Mather.  Currently, McClellan has the capacity to create 15,000 more jobs on the site; Mather has the capacity to create 12,000 more jobs.  In 2012, Sacramento County issued 71 LAMBRA Hiring Credit vouchers to employers at Mather and McClellan.

“The hiring credits and tax incentives through the McClellan and Mather LAMBRA are powerful tools to help businesses expand their capacity, reduce their costs, and hire more employees,” said Assemblyman Cooley.

Last week, Assemblyman Cooley closely monitored the amendments and language of the Assembly and Senate bills, reaching out to local governments and the community to solicit information on how the bill would impact his district.  He took their concerns directly to the Governor’s office, ensuring the LAMBRAs were protected.

Assemblyman Ken Cooley represents the 8th Assembly District which includes the communities of Arden-Arcade, Carmichael, Citrus Heights, Rancho Cordova, Rancho Murieta, Rosemont, Wilton and other portions of unincorporated Sacramento County.

CONTACT: Jillena Hernandez, (916) 281-4832