AB 2537 California Assembly · 2013-2014 Regular Session

Income taxes: credits: water-conserving plumbing fixtures.

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, 2014, would allow a credit equal to 25% of the amount paid or incurred by a qualified taxpayer for the installation of one or more water-conserving plumbing fixtures to replace a noncompliant plumbing fixture on qualified real property in this state, as specified. The bill would provide that the credit would not exceed $2,500 per taxable year. This bill would take effect immediately as a tax levy.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2014

Committee Review

Floor Vote

Governor

Introduced Feb 21, 2014 Last action Nov 30, 2014

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 13, 2014

Lower · Passed

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

lower

May 5, 2014

Committee

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

lower

Apr 2, 2014

Committee

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

lower

Apr 1, 2014

Introduced

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

lower

Mar 28, 2014

Committee

Referred to Com. on REV. & TAX.

lower

Feb 23, 2014

Lower · Passed

From printer. May be heard in committee March 25.

lower

Feb 21, 2014

Introduced

Introduced. To print.

lower

1 primary · 0 co-sponsors