AB 2582 California Assembly · 2011-2012 Regular Session

Income taxes: credit: contributions: educational organizations.

Summary

The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill, for taxable years beginning on or after January 1, 2015, would allow a credit against the taxes imposed under the Personal Income Tax Law and the Corporation Tax Law for monetary contributions to a public school for support of cocurricular activities or to an educational improvement organization that supports innovative programs in public schools, as specified, and would allow a credit against the taxes imposed under the Corporation Tax Law for contributions to an education scholarship-granting organization, as specified. 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 24, 2012 Last action May 7, 2012

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 7, 2012

Lower · Passed

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

lower

Apr 18, 2012

Committee

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

lower

Apr 9, 2012

Committee

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

lower

Mar 29, 2012

Committee

Referred to Com. on REV. & TAX.

lower

Feb 26, 2012

Lower · Passed

From printer. May be heard in committee March 27.

lower

Feb 24, 2012

Introduced

Introduced. To print.

lower

1 primary · 0 co-sponsors