Section 5480.7 - Certification Letter Process for Notifying CIEDB Board of Investment and Job Creation Attainment(a) An Eligible Entity that has attained, within one year of the Partial Exemption Use Date (unless extended pursuant to an approved Extension Request) the minimum Investment of one hundred fifty million dollars ($150,000,000) and the filling of 500 new Direct Jobs plus Supporting Jobs, each as required in section 5480.1(i), shall submit a Certification Letter to the CIEDB Board to be postmarked within 30 calendar days following the Attainment Date.(b) The Certification Letter, signed by the Authorized Applicant Representative, shall be postmarked not later than 30 calendar days following the Attainment Date and shall include the following: (1) The name of the Applicant;(2) The name, address, phone number, fax number and email address of the Authorized Applicant Representative;(3) The Partial Exemption Use Date; and(4) Attach the Exemption Allocation Letter.Cal. Code Regs. Tit. 10, § 5480.7
1. New section filed 8-15-2002; operative 9-14-2002 (Register 2002, No. 33). Note: Authority cited: Section 11152, Government Code; and Section 6378.1, Revenue and Taxation Code. Reference: Section 6378.1, Revenue and Taxation Code.
1. New section filed 8-15-2002; operative 9-14-2002 (Register 2002, No. 33).