Gaines
Author
The Corporation Tax Law imposes taxes measured by income at a rate of 8.84%, as specified. The Corporation Tax Law 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, for taxable years beginning on or after January 1, 2018, would reduce the corporate tax rate to 6.84%. This bill would take effect immediately as a tax levy.
No votes to display
May 16 hearing: Heard for testimony only.
Set for hearing May 16.
May 9 hearing postponed by committee.
Set for hearing May 9.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
From printer. May be acted upon on or after March 8.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB996 | HTML |
| 02/05/18 - Introduced | |
| 03/21/18 - Amended Senate | |
| 04/05/18 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.
If you notice any inconsistencies with these official sources, feel free to file an issue.