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L.A. officials push for tax credit to offset earthquake retrofit costs

Mayor Eric Garcetti joined Assemblyman Adrin Nazarian Wednesday in urging passage of state legislation that would offer a 30 percent tax credit on seismic improvements over five years. Nazarian called the bill “common-sense legislation” aimed at “helping property owners afford lifesaving structural changes to their buildings.” “On average, a dollar spent on hazard mitigation provides […]

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