Assemblymember McCarty Highlights $1,355,000 in Tax Credits Awarded to Local Businesses

Over $50 Million Awarded Statewide

SACRAMENTO – Today, Assemblymember Kevin McCarty (D-Sacramento) announced that a combined total of $1,355,000 in tax credits was awarded to Blue Iron Inc., California Safe Soil LLC, and Melcon Inc., located in West Sacramento and Sacramento.  With the support of these tax credits, these companies combined have added 86 additional full time employees in Assembly District 7 through the California Competes Tax Credit program.

“California Competes helps local businesses grow by holding them accountable for reaching milestones after achieving their tax credit award,” said Assemblymember McCarty.  “In turn, it means another source of revenue to instill new employees and equipment to make upgrades to the company they otherwise may not have been able to budget for.”

Assemblymember McCarty’s Statement on Final Budget Agreement

Statement from Assemblymember Kevin McCarty (D – Sacramento) Chair of Budget Sub- Committee 2 on Education Finance, regarding final budget vote:

“I applaud the final budget accord and concur with our Governor that this agreement is a "sound and well thought out budget.”  Further this package, the best budget in decades, reinvests in California and moves us forward."

Budget committee proposes large funding increase for early ed

The Legislature's Budget Conference Committee voted to use part of the influx of new state funding to increase spending for preschool and child care for low-income families by $392 million next year, an amount that would be added to the $88 million Gov. Jerry Brown included in his May budget revision.

The proposal would increase the number of preschool slots and vouchers for daycare, raise reimbursement rates to preschool operators and daycare providers, include infants and toddler centers in a state quality rating system and increase the family income threshold for eligibility.

Assemblymember McCarty’s Preschool for All Act Promotes Off Assembly Floor

Bill Would Expand Access to All Eligible Kids

(SACRAMENTO, CA) – Today, the Assembly passed Assembly Bill (AB) 47, the Preschool for Act (Kevin McCarty, D-Sacramento) on a bi-partisan vote.  This measure requires the state to provide funding for all children who are eligible for the state preschool program, and whose parents wish to enroll them, with the opportunity to enroll in the program.

“We can’t afford to not cover all children, regardless of their economic status for preschool,” said Assemblymember McCarty.  “AB 47 bill will ensure that we keep the promise made to our preschoolers last year and provide each of our low-income children access to preschool. We owe it to our children and we owe it to the families across California, to ensure that children are ready to start school and be successful.”