Steve Knight
- 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, for a qualified employer who employs 20 or fewer employees. This bill would, under both laws, for taxable years beginning on and after January 1, 2011, and before January 1, 2015, allow a credit to a qualified employer, which means an employer of 30 or more employees who are located in California, of either $3,000 or $5,000, as specified, for each qualified employee, as defined, employed by the qualified employer, as specified. This bill would take effect immediately as a tax levy.
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From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
In committee: Set, second hearing. Held under submission.
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
From printer. May be heard in committee March 12.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB304 | HTML |
| 02/09/11 - Introduced | |
| 05/25/11 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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