Roger Dickinson
- Democratic
Author
The Personal Income Tax Law allows various credits against the taxes imposed by that law, including certain credits that are allowed in modified conformity to credits allowed by federal income tax laws. This bill would, for taxable years beginning on or after January 1, 2012, allow a credit computed by multiplying the federal earned income credit amount, as defined, by 15%. This bill would provide that, in those years in which an appropriation is made by the Legislature, the credit would be refundable. This bill would take effect immediately as a tax levy.
In committee: Set, second hearing. Held under submission.
In committee: Set, first hearing. Referred to APPR. suspense file.
In committee: Hearing postponed by committee.
Read second time and amended.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 2.) (May 14).
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
From printer. May be heard in committee March 25.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1974 | HTML |
| 02/23/12 - Introduced | |
| 03/26/12 - Amended Assembly | |
| 05/16/12 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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