AB 1255 California Assembly · 2015-2016 Regular Session

Income and corporation taxes: credit: donation of apparently wholesome food.

Summary

The Personal Income Tax Law and the Bank and Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill would allow a credit against those taxes for each taxable year, beginning on and after January 2015, a taxpayer donates apparently wholesome food, as defined, from any trade or business of the taxpayer to an organization located in California and exempt from federal income taxation, as specified. This bill would take effect immediately as a tax levy.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2015

Committee Review

Floor Vote

Governor

Introduced Feb 27, 2015 Last action Feb 1, 2016

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 11, 2015

Lower · Passed

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

lower

Apr 6, 2015

Committee

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

lower

Mar 26, 2015

Committee

Referred to Com. on REV. & TAX.

lower

Mar 1, 2015

Lower · Passed

From printer. May be heard in committee March 31.

lower

Feb 27, 2015

Introduced

Introduced. To print.

lower

1 primary · 0 co-sponsors