Bill Text: CA SB1469 | 2023-2024 | Regular Session | Introduced

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Bill Title: Corporation Tax Law: credits.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-02-29 - Referred to Com. on RLS. [SB1469 Detail]

Download: California-2023-SB1469-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Senate Bill

No. 1469

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Introduced by Senator Gonzalez

February 16, 2024

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An act relating to taxation.

LEGISLATIVE COUNSEL'S DIGEST

SB 1469, as introduced, Gonzalez. Corporation Tax Law: credits.

Existing law, the Corporation Tax Law, allows various credits against the tax imposed by that law, including, among others, a credit in an amount equal to the minimum tax credit, as defined.

This bill would state the intent of the Legislature to enact subsequent legislation modifying existing tax credits.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 It is the intent of the Legislature to enact subsequent legislation modifying existing tax credits.