AB 341

  • California Assembly Bill
  • 2009-2010 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Income and corporate taxes: credits: enterprise zones.

Abstract

The Enterprise Zone Act provides for the designation by the Department of Housing and Community Development of enterprise zones, pursuant to which certain entities may receive regulatory, tax, and other incentives for private investment and employment. The Personal Income Tax Law and the Corporation Tax Law allow a taxpayer to claim certain tax incentives, including credits, for activities conducted in an enterprise zone. This bill would state the intent of the Legislature to enact legislation to revise the enterprise zone credit system to allow a taxpayer authorized to claim those credits to apply the aggregate value of all enterprise zone-related income tax credits toward the taxpayer's tax liability.

Bill Sponsors (1)

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Feb 02, 2010

Assembly

Died at Desk.

Feb 19, 2009

Assembly

From printer. May be heard in committee March 21.

Feb 18, 2009

Assembly

Read first time. To print.

Bill Text

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AB341 HTML
02/18/09 - Introduced PDF

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