SB 206

  • California Senate Bill
  • 2009-2010 Regular Session
  • Introduced in Senate Feb 23, 2009
  • Senate
  • Assembly
  • Governor

Income tax credit: principal residence.

Abstract

The Personal Income Tax Law authorizes various credits against the taxes imposed by that law. This bill would allow a credit to a qualified taxpayer, as defined, who purchases a qualified principal residence, as defined, during a specified period, in an amount equal to 10% of the purchase price, not to exceed $8,000, as provided. The bill would limit the total amount of credits to specified aggregate amounts per fiscal year, and provide that the General Fund shall be paid an amount equal to the credits with specified funds from the Neighborhood Stabilization Program 2 Funding as provided. This bill would take effect immediately as a tax levy.

Bill Sponsors (2)

Charles Calderon

     
Principal Coauthor

Votes


No votes to display

Actions


Feb 01, 2010

Senate

Returned to Secretary of Senate pursuant to Joint Rule 56.

Jul 09, 2009

Senate

Placed on REV. & TAX. suspense file.

Senate

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on REV. & TAX.

Jul 02, 2009

Senate

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on REV. & TAX.

Jul 01, 2009

Senate

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on REV. & TAX.

Jun 25, 2009

Senate

Set for hearing July 8.

Jun 09, 2009

Senate

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on REV. & TAX.

May 26, 2009

Senate

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on REV. & TAX.

May 07, 2009

Senate

Set, first hearing. Hearing canceled at the request of author.

May 05, 2009

Senate

Set for hearing May 13.

Apr 30, 2009

Senate

Re-referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Apr 28, 2009

Senate

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on RLS.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on RLS.

Mar 09, 2009

Senate

To Com. on RLS.

Feb 24, 2009

Senate

From print. May be acted upon on or after March 26.

Feb 23, 2009

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB206 HTML
02/23/09 - Introduced PDF
04/28/09 - Amended Senate PDF
05/26/09 - Amended Senate PDF
06/09/09 - Amended Senate PDF
07/01/09 - Amended Senate PDF
07/02/09 - Amended Senate PDF
07/09/09 - Amended Senate PDF

Related Documents

Document Format
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Sources

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