AB 2945

  • California Assembly Bill
  • 2017-2018 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Income and corporation taxes: credit: wages.

Abstract

The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill, for each taxable year beginning on or after January 1, 2019, and before January 1, 2024, would allow a credit against the taxes imposed under both laws to a qualified employer in an amount equal to 35% of the qualified wages paid or incurred during the taxable year to a qualified employee, defined to mean an employee who has no functional hearing and has completed, or is completing, specified rehabilitative services. The bill would prohibit the credit from exceeding $2,100 per employee. This bill would take effect immediately as a tax levy.

Bill Sponsors (5)

Votes


Actions


May 25, 2018

Assembly

In committee: Held under submission.

Assembly

Joint Rule 62(a), file notice suspended. (Page 5298.)

May 23, 2018

Assembly

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

  • Referral-Committee
APPR APPR. suspense file.

May 15, 2018

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

May 14, 2018

Assembly

Read second time and amended.

May 10, 2018

Assembly

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (May 7).

May 01, 2018

Assembly

Re-referred to Com. on REV. & TAX.

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

Apr 30, 2018

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.

Mar 08, 2018

Assembly

Referred to Com. on REV. & TAX.

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

Feb 17, 2018

Assembly

From printer. May be heard in committee March 19.

Feb 16, 2018

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB2945 HTML
02/16/18 - Introduced PDF
04/30/18 - Amended Assembly PDF
05/14/18 - Amended Assembly PDF

Related Documents

Document Format
No related documents.

Sources

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