Incentives

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West Sacramento Opportunity Zone

The federal Opportunity Zones provide preferential tax treatment for capital gains investments in economically distressed areas. Investors may defer or eliminate taxes on capital gain investments made in designated Opportunity Zones in qualified opportunity funds (QOF’s).

West Sacramento’s riverfront including the Bridge District (TBD), Washington, Pioneer Bluff and Stone Lock have been designated as well as industrial and commercial areas between West Capitol Avenue on the north, the Sacramento River on the east and the Deep-Water Ship Channel on the south. 

West Sacramento Opportunity Zones MAP

Please visit the IRS Opportunity Zone FAQ: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions and call Economic Development at (916) 617-4535. 

Southport Business Park Development Incentive Program

Businesses or developers interested in constructing new buildings are eligible for reduced permit fees within West Sacramento's Southport Business Park. Southport Business Park offers shovel-ready parcels from 1-40 acres, zoned for business offices and industrial uses.

City's Regional Sewer Credits

Sewer credits can be assigned to restaurants, public food-serving businesses and new developments in the riverfront Bridge District, Washington District, the West Capitol Avenue Central Business District, and Pioneer Bluff. Please see the program guidelines and contact Economic Development to apply.

Regional Sewer Connection/Impact Fee Incentives

Sac Regional Sewer Economic Development Competitiveness Grant Program

Businesses can receive a 15 – 50% reduction of their connection fee for creating new full-time jobs. For more information, please visit the Confluence Regional Partnership Program website.

PG&E Electric Rate Incentive 

PG&E’s Economic Development Rate (EDR) allows qualified commercial and industrial businesses to receive a 12% reduction in the published electric rate. Small businesses that have electric demands of less than 150 kW can qualify now under the new small business program. For more information, please view the fact sheet. To apply, contact Economic Development.

Port of West Sacramento Foreign Trade Zone #143

West Sacramento is part of a General Purpose Foreign Trade Zone (FTZ) associated with the Port of West Sacramento. Companies in the FTZ may be eligible to defer payment of customs duties and federal excise taxes until merchandise is transferred from the foreign trade zone. Call (916) 617-4535 for more information.

Recycling Market Development Zone

The City is part of the Sacramento Regional Recycling Market Development Zone (RMDZ). Recycling-based manufacturers are eligible to apply for technical, marketing and financial assistance including low interest loans. Call us at (916) 617-4535 for more information. 

State Incentives  california-state-silhouette-1

  • California Incentives 


California Business Portal for Assistance and Incentives

http://businessportal.ca.gov/business-assistance/relocateexpand-your-business/

CalCompetes Tax Credits

  • $90 million in CalCompetes Tax Credits Available
  • Online Application available through August 19, 2019
  • Eligible businesses planning to create full-time jobs may apply  
  • 25% of funding each fiscal year reserved for small businesses

Sales Tax Exemption for Manufacturing/R&D Equipment

  • Exemption of 4.19% sales or use tax for equipment
  • For equipment placed in service July 1, 2014 through June 30, 2022
  • Administered by California State Board of Equalization 

https://www.cdtfa.ca.gov/industry/manufacturing-exemptions.htm

Employment Credit

  • A 35% credit for every $1 of wages paid above $13.50 per hour for up to 5 years
  • Eligible employees include long-term unemployed, veterans, recipients of assistance and federal Earned Income Tax Credit (EITC), and ex-offenders

https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/september-2018/california-extends-new-employee-credit.html

Employer Training Reimbursement

  • Direct reimbursement to Employer for on-the-job training costs
  • Up to a maximum of 200 hours per employee

www.etp.ca.gov

Research and Development Credit

  • 15% tax credits available for businesses investing in research and development.

https://www.ftb.ca.gov/file/business/credits/california-research.html


Please contact Economic Development Staff for confidential business assistance: (916) 617-4535.