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AB-1064 Income taxes: credits.(2013-2014)

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CALIFORNIA LEGISLATURE— 2013–2014 REGULAR SESSION

Assembly Bill
No. 1064


Introduced by Assembly Member Holden

February 22, 2013


An act relating to taxation.


LEGISLATIVE COUNSEL'S DIGEST


AB 1064, as introduced, Holden. Income taxes: credits.
The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws, including various hiring credits.
This bill would state that it is the intent of the Legislature to enact legislation that would provide a more effective hiring tax credit.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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


SECTION 1.

 It is the intent of the Legislature to enact legislation that would provide a more effective hiring tax credit.