Adam C. Gray
- Democratic
Author
The Personal Income Tax Law imposes taxes on taxable income, as provided, and existing law provides for the administration of those taxes. The California Constitution, until December 1, 2031, imposes specified income tax rates and brackets on income above $250,000. Existing law, approved as Proposition 37 at the November 7, 1984, statewide general election, prohibits a state or local tax from being imposed on any prize awarded by the lottery. This measure would apply the Personal Income Tax Law rates, the constitutional income tax rates described above, and the laws regarding administration of the income tax to a prize awarded by the lottery that is in an amount equal to or greater than $1,000.
No votes to display
Read first time.
From printer. May be heard in committee March 23.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| ACA23 | HTML |
| 02/21/20 - Introduced |
| Document | Format |
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| No related documents. |
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