Jeff Denham
- Republican
Author
The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws, including a credit for an increase in qualified employees of a qualified employer. This bill would, under both laws, for taxable years beginning on and after January 1, 2010, allow a credit to a qualified taxpayer, as defined, in an amount equal to 25% of the wages, not to exceed $6,000, paid to each qualified veteran, as defined, by the qualified taxpayer during the taxable year. This bill would take effect immediately as a tax levy.
No votes to display
From committee without further action.
Placed on REV. & TAX. suspense file.
Set for hearing May 12.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.
Introduced. Read first time. To Com. on RLS.
| Bill Text Versions | Format |
|---|---|
| SB7 | HTML |
| 02/24/10 - Introduced | |
| 05/03/10 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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