Nevada County’s State Senator has introduced his first major bill of the Legislative session. And Ted Gaines says it would provide much-needed tax relief to the manufacturing, research and development, software, and agricultural industries. He says it would expand the sales and use tax exemption for annual property purchases…

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This includes property such as machinery and equipment for manufacturing activities. Gaines says the legislation also expands the definition of eligible businesses to include software publishers and others who conduct agricultural business activities. He says he introduced the measure on the heels of recent reports indicating a low participation in the current program…

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The program was approved, after abolition of Enterprise Zones, which Gaines supported. Enterprise Zones offered five tax incentives for businesses that opened in economically-depressed areas.