Sign Up
SB 463 California Senate · 2009-2010 Regular Session

Income and corporation tax credits: renewable energy projects.

Summary
The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws. This bill would, under both laws, for taxable years beginning on or after January 1, 2009, and before January 1, 2017, allow a credit for all taxable years in an amount, not to exceed $3,000, equal to 30% of the costs paid or incurred for the purchase and installation of a renewable energy resource project, as defined. This bill would take effect immediately as a tax levy.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2009 Last action Feb 1, 2010
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
9
Key actions
1
Committee
1
Amendments
1
Apr 29, 2009
Committee
Read second time. Amended. Re-referred to Com. on REV. & TAX.
upper
Apr 28, 2009
Upper · Passed
From committee: Do pass as amended, but first amend, and re-refer to Com. on REV. & TAX. (Ayes 10. Noes 0. Page 583.)
upper
Feb 26, 2009
Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.