Melissa A. Melendez
- Republican
Author
Existing law, generally, imposes a minimum franchise tax of $800, except as provided, on every corporation incorporated in this state, qualified to transact intrastate business in this state, or doing business in this state. This bill would reduce the minimum franchise tax to $400 for taxable years beginning on or after January 1, 2019, and before January 1, 2024. This bill would take effect immediately as a tax levy.
In committee: Held under submission.
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 9. Noes 0.) (March 19).
From printer. May be heard in committee March 15.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2131 | HTML |
| 02/12/18 - Introduced | |
| 04/02/18 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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