AB 1974 California Assembly · 2011-2012 Regular Session

Income taxes: credit: earned income.

Summary
The Personal Income Tax Law allows various credits against the taxes imposed by that law, including certain credits that are allowed in modified conformity to credits allowed by federal income tax laws. This bill would, for taxable years beginning on or after January 1, 2012, allow a credit computed by multiplying the federal earned income credit amount, as defined, by 15%. This bill would provide that, in those years in which an appropriation is made by the Legislature, the credit would be refundable. This bill would take effect immediately as a tax levy.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 23, 2012 Last action Aug 16, 2012
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
12
Key actions
4
Committee
8
Amendments
1
Aug 16, 2012
Lower · Passed
In committee: Set, second hearing. Held under submission.
lower
Aug 8, 2012
Committee
In committee: Set, first hearing. Referred to APPR. suspense file.
lower
May 25, 2012
Lower · Passed
In committee: Hearing postponed by committee.
lower
May 17, 2012
Committee
Re-referred to Com. on APPR.
lower
May 15, 2012
Lower · Passed
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 2.) (May 14).
lower
Apr 9, 2012
Committee
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
lower
Mar 27, 2012
Committee
Re-referred to Com. on REV. & TAX.
lower
Mar 8, 2012
Committee
Referred to Com. on REV. & TAX.
lower
Feb 24, 2012
Lower · Passed
From printer. May be heard in committee March 25.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
RD
Roger Dickinson
DDemocratic
CA
7