Sharon Quirk-Silva
- Democratic
- Assemblymember
- District 67
Author
Existing law, the Personal Income Tax law, allows various credits against the taxes imposed by that law. This bill would allow a credit against that tax for each taxable year beginning on or after January 1, 2019, and before January 1, 2020, in an amount equal to 50% of the amount paid or incurred, not to exceed $1,000, for losses sustained by a taxpayer and not compensated for by insurance or otherwise that occurred in a qualified disaster area, as defined. This bill would take effect immediately as a tax levy.
In committee: Held under submission.
Joint Rule 62(a), file notice suspended. (Page 5298.)
In committee: Set, first hearing. Referred to APPR. suspense file.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (May 9).
From printer. May be heard in committee February 4.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1765 | HTML |
| 01/04/18 - Introduced | |
| 05/15/18 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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