Joseph Simitian
- Democratic
Author
The Personal Income Tax Law and the Corporation Tax Law allow various deductions in computing the income that is subject to the taxes imposed by those laws. Existing law allows an employer to deduct its expenses in carrying out a parking subsidy and a parking cash-out program, as defined, for employees. This bill would disallow a deduction for expenses of specified employers for parking subsidies unless all employees provided with a parking subsidy are offered a parking cash-out program in accordance with a specified statute. The Personal Income Tax Law and Corporation Tax Law authorize various credits against the taxes imposed by those laws. This bill would authorize a credit under both those laws, for taxable years beginning on or after January 1, 2009, in an amount not to exceed specified amounts for qualified commute reduction expenditures, as defined, for specified small business taxpayers. This bill would take effect immediately as a tax levy.
Returned to Secretary of Senate pursuant to Joint Rule 56.
Held in committee and under submission.
Set for hearing August 27.
(Suspense - vote only.)
Joint Rule 62(a) suspended. (Ayes 40. Noes 0.)
Placed on APPR suspense file.
Set for hearing July 23.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on APPR.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on APPR.
Set for hearing July 20.
From committee: Do pass, but first be re-referred to Com. on APPR. (Ayes 7. Noes 0.) Re-referred to Com. on APPR.
(For vote only.)
Set for hearing July 8.
Hearing postponed by committee.
Set for hearing June 25.
Hearing postponed by committee.
Set for hearing June 24.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.
Placed on REV. & TAX. suspense file.
Set for hearing May 13.
Withdrawn from committee.
Read second time. Amended. Re-referred to Com. on EQ.
Withdrawn from committee.
From committee: Do pass as amended, but first amend, and re-refer to Com. on EQ. (Ayes 8. Noes 1. Page 708.)
Set for hearing April 28.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on T. & H.
Set, first hearing. Hearing canceled at the request of author.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on T. & H.
Set for hearing April 21.
To Coms. on T. & H. and EQ.
From print. May be acted upon on or after March 28.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB425 | HTML |
| 02/26/09 - Introduced | |
| 04/13/09 - Amended Senate | |
| 04/16/09 - Amended Senate | |
| 05/04/09 - Amended Senate | |
| 06/11/09 - Amended Senate | |
| 07/15/09 - Amended Senate | |
| 07/23/09 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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