This measure would recognize the 30th anniversary of the Los Angeles Riots on April 29, 2022, as a time of building and reflection for the citizens of Los Angeles and the citizens of California.
This measure would declare April 28, 2022, as Take Our Daughters and Sons to Work Day, and would recognize the goals of introducing our daughters and sons to the workplace and commend all participants of Take Our Daughters And Sons To Work Day.
This measure would designate the week of May 1, 2022, through May 7, 2022, as Compost Awareness Week.
Existing law, the Use Fuel Tax Law (UFTL) , imposes a state excise tax on the use of fuel, as defined, at specified rates. This bill would establish in the state treasury the Carbon Neutrality Fund, and would require, for taxable years beginning on or after January 1, 2023, and before January 1, 2029, the California Department of Tax and Fee Administration to pay annually from the fund an incentive payment to a qualified taxpayer on a first-come-first-served basis, as prescribed. The bill would, among other things, require the incentive payment for a taxable year to be an amount equal to the applicable amount, as determined based on the carbon intensity of a transportation fuel, multiplied by the number of diesel gallons equivalent or gasoline gallons equivalent of qualified liquid or gaseous transportation fuel sold by the qualified taxpayer during a taxable year, reported as prescribed. The bill would prohibit the incentive payment in a taxable year from exceeding the amount of tax paid by the qualified taxpayer pursuant to the UFTL in that taxable year and would prohibit the aggregate amount of incentive payments in a taxable year from exceeding $500,000,000.
The Personal Income Tax Law and the Corporation Tax Law impose taxes upon taxable income for the taxable year, as specified, and allow various credits against the taxes imposed by those laws. This bill would allow a credit against those taxes (CDC tax credit) for taxable years beginning on or after January 1, 2023, until January 1, 2028, in an amount equal to the applicable credit percentage of the amount of each qualified investment made by the taxpayer during the taxable year to an eligible community development corporation that is certified by the Treasurer to receive an allocation of tax credit pursuant to the Community Development Tax Credit Program established by this bill, if the aggregate amount of qualified investments made by the taxpayer in the taxable year is at least $100,000. This bill would limit the total amount of each credit that may be allowed each taxable year to $20,000,000. This bill would establish, until January 1, 2028, the Community Development Tax Credit Program, which would be administered by the Treasurer in collaboration with the Department of Community Services and Development for the purpose of certifying CDC tax credit allocations to eligible community development corporations. The bill would allow an eligible community development corporation that is issued a certification to transfer its allocation of CDC tax credits to taxpayers who make qualified investments to that eligible community development corporation. The bill would require, on or before July 1, 2023, the Department of Community Services and Development to develop and provide forms for, and establish uniform procedures for the submission and review of, applications for an allocation of CDC tax credits to eligible community development corporations. The bill would require the Treasurer, among other things, to accept and evaluate applications in order to certify an allocation of CDC tax credits to an eligible community development corporation, and, beginning with the 2023 calendar year, allocate the CDC tax credits for a current calendar year, in an amount not to exceed $20,000,000 per calendar year, among eligible community development corporations pursuant to specified criteria. The bill would require the Franchise tax Board to provide a written report to specified committees of the Legislature on or before January 1, 2028, as provided. Existing law requires any bill authorizing a new tax expenditure, including a tax credit under the Personal Income Tax Law or the Corporation Tax Law, to contain, among other things, specific goals, purposes, and objectives the tax expenditure will achieve, detailed performance indicators, and data collection requirements. This bill would include that information and would declare the specific goal, purpose, and objective of the deduction is to incentivize private investment in housing, community facilities, and neighborhood revitalization through community development corporations, community development financial institutions, community action agencies, and community housing development corporations. This bill would take effect immediately as a tax levy.
Existing law, the Motor Vehicle Fuel Tax Law, imposes a tax upon each gallon of motor vehicle fuel removed from a refinery or terminal rack in this state, entered into this state, or sold in this state, at a specified rate per gallon. Existing unfair competition laws establish a statutory cause of action for unfair competition, including any unlawful, unfair, or fraudulent business act or practice and unfair, deceptive, untrue, or misleading advertising and acts prohibited by false advertisement laws. This bill would suspend the imposition of the tax on motor vehicle fuels for one year. The bill would require that all savings realized based on the suspension of the motor vehicle fuels tax by a person other than an end consumer, as defined, be passed on to the end consumer, and would make the violation of this requirement an unfair business practice, in violation of unfair competition laws, as provided. The bill would require a seller of motor vehicle fuels to provide a receipt to a purchaser that indicates the amount of tax that would have otherwise applied to the transaction. This bill would also direct the Controller to transfer a specified amount from the General Fund to the Motor Vehicle Fuel Account in the Transportation Tax Fund. By transferring General Fund moneys to a continuously appropriated account, this bill would make an appropriation.
This measure would respectfully memorialize the President of the United States and the Congress of the United States to take action to restore honor to Bernard B. James, and to take the necessary actions to ensure the treatment of Bernard B. James is rectified by a full exoneration, including having the military record of Bernard B. James cleared of any court judgment and less-than-honorable discharge.
This measure would designate a specified portion of Interstate Highway Route 405 in the County of Los Angeles as the Officer Tommy Scott Memorial Highway. The measure would request that the Department of Transportation determine the cost of appropriate signs showing this special designation and, upon receiving donations from nonstate sources covering that cost, erect those signs.
