AB 340 California Assembly · 2009-2010 Regular Session

Income taxes: credits: hiring credit.

Summary

The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws, including a credit for an increase in qualified employees, for a qualified employer who employs 20 or fewer employees. This bill would, under both laws, for taxable years beginning on and after January 1, 2010, and before January 1, 2014, allow a credit to a qualified employer, as defined, which, includes an employer of 30 or more employees, of either $3,000 or $5,000, as specified, for each qualified employee, as defined, employed by the qualified employer during the taxable year. This bill would take effect immediately as a tax levy.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2009

Committee Review

Floor Vote

Governor

Introduced Feb 18, 2009 Last action Feb 2, 2010

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 13, 2010

Committee

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

lower

Jan 12, 2010

Introduced

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

lower

Jan 11, 2010

Lower · Passed

In committee: Set, final hearing. Held under submission.

lower

Jan 11, 2010

Committee

In committee: Set, final hearing. Referred to REV. & TAX. suspense file.

lower

Jan 4, 2010

Committee

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

lower

Jan 4, 2010

Introduced

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

lower

May 19, 2009

Lower · Passed

In committee: Set, second hearing. Hearing canceled at the request of author.

lower

May 13, 2009

Committee

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

lower

May 12, 2009

Introduced

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

lower

May 4, 2009

Committee

In committee: Set, first hearing. Referred to REV. & TAX. suspense file.

lower

Mar 25, 2009

Committee

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

lower

Mar 24, 2009

Introduced

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

lower

Mar 9, 2009

Committee

Referred to Com. on REV. & TAX.

lower

Feb 19, 2009

Lower · Passed

From printer. May be heard in committee March 21.

lower

1 primary · 0 co-sponsors