AB 1878 California Assembly · 2017-2018 Regular Session

Corporate income taxes: exclusion: space transportation companies.

Summary

Existing law, the Corporation Tax Law, provides for various exclusions from gross income in determining tax liability. This bill, for space transportation companies, would exclude from gross income any business income attributable to sources within this state, as specified, for taxable years beginning on or after January 1, 2017. This bill would take effect immediately as a tax levy.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2018

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2018 Last action Mar 12, 2018

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 12, 2018

Lower · Passed

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

lower

Jan 29, 2018

Committee

Referred to Com. on REV. & TAX.

lower

Jan 18, 2018

Lower · Passed

From printer. May be heard in committee February 17.

lower

1 primary · 2 co-sponsors