Business & Tech
Could $1B In Tax Breaks Bring Amazon HQ2 To OC?
Assemblyman Bill Brough (R-Dana Point) is proposing a bill that would offer the tech giant a major tax break.
DANA POINT, CA -- A California assemblyman representing Orange County is proposing a bill that would offer tech-commerce giant Amazon up to $1 billion in tax breaks if it opens its second headquarters in the region.
Assemblyman Bill Brough (R-Dana Point) said his bill "sends a message that California is serious about repealing its image as a non-business friendly state."
"California must always remember that in today's global economy, location is not permanent, but is a choice," said Brough in a press release. "The intent of this legislative package is to make that choice easier for Amazon to locate their business, suppliers, contracts, and product investments here in Orange County."
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Several cities in California joined hundreds of others in the nation in submitting bids to Amazon to host its next headquarters. Amazon announced on Monday that it received 238 proposals.
--Photo by Reed Saxon/Associated Press
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