Capitol Alert

The latest on California politics and government

SPACEX2OS.JPG

With no debate, the California Assembly on Thursday voted 70-2 to send Gov. Jerry Brown a bill offering a ten-year property tax break to private space firms.

Assemblyman Al Muratsuchi, D-Torrance, has promoted the bill as ensuring California can become a hub for the burgeoning private space industry, led by firms like Hawthorne-based SpaceX. Reviving southern California's once-mighty aerospace industry has been a recurring theme for Muratuschi, who has also touted the potential of unmanned aerial vehicles, or drones.

The bill, Assembly Bill 777, passed the Senate easily earlier this month. While Assemblyman Phil Ting, D-San Francisco, had previously warned about favoring a specific industry with a tax break that could prove difficult to erase, the legislation garnered more than enough support on Thursday to advance.

PHOTO: A SpaceX Falcon 9 rocket lifts off from launch Pad 40 at Cape Canaveral Air Force Station in Cape Canaveral, Fla., Friday, April 18, 2014. Red Huber/Orlando Sentinel/MCT.



FOLLOW US ON FACEBOOK

More Capitol Alert

Capitol Alert on Twitter

Popular Categories

Now on sacbee.com/politics

Categories


April 2014

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30      

Monthly Archives


Latest California Clips