Governor Signs Green Tech Jobs Bill

By Jim Wunderman

Today Governor Schwarzenegger signed SB 71 (Padilla, D-Pacoima) into law, creating a sales tax exemption for the purchase of green tech manufacturing equipment in California.

In order to compete in the world economy, and to stay true to our goal to be the most innovative place in the world, we must continue to pass legislation like this, which in addition to creating jobs, spurs investment in green tech.

This bill was part of the Governor’s larger job creation package – we congratulate the Governor and the Legislature for their hard work and success on this bill.

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