AB 2768

  • California Assembly Bill
  • 2015-2016 Regular Session
  • Introduced in Assembly Feb 19, 2016
  • Assembly
  • Senate
  • Governor

Income and corporation taxes: credit: donation of food.

Abstract

The Personal Income Tax Law and the Bank and Corporation Tax Law allow various credits against the taxes imposed by those laws, including a credit for a farmer to donate fresh foods and vegetables to a food bank. This bill would allow a credit against those taxes for each taxable year, beginning on and after January 1, 2017, and before January 1, 2023, to a taxpayer that donates qualified food, as defined, of its trade or business to an organization located in California and exempt from federal income taxation, as specified. This bill would take effect immediately as a tax levy.

Bill Sponsors (5)

Votes


Actions


May 27, 2016

Assembly

In committee: Held under submission.

Assembly

Joint Rule 62(a), file notice suspended. (Page 4943.)

May 25, 2016

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

May 17, 2016

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

May 16, 2016

Assembly

Read second time and amended.

May 12, 2016

Assembly

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (May 9).

Apr 25, 2016

Assembly

In committee: Set, first hearing. Referred to REV. & TAX. suspense file.

  • Referral-Committee
REV. & TAX REV. & TAX. suspense file.

Mar 10, 2016

Assembly

Referred to Com. on REV. & TAX.

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

Feb 22, 2016

Assembly

Read first time.

Feb 21, 2016

Assembly

From printer. May be heard in committee March 22.

Feb 19, 2016

Assembly

Introduced. To print.

Bill Text

Bill Text Versions Format
AB2768 HTML
02/19/16 - Introduced PDF
05/16/16 - Amended Assembly PDF

Related Documents

Document Format
No related documents.

Sources

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