Asm. Marc Steinorth

The Personal Income Tax Law allows various credits against the taxes imposed by that law. Existing law requires any bill authorizing a new tax credit to contain, among other things, specific goals, purposes, and objectives that the tax credit will achieve, detailed performance indicators, and data collection requirements. This bill, for taxable years beginning on or after January 1, 2019, and before January 1, 2024, would allow as a credit against the net tax imposed by that law equal to 25% of the cost of installing a residential graywater reuse system during the taxable year in the taxpayer's residence located in this state. The bill would limit the cumulative amount of the credit to $1,000 for the same residence. The bill would require the Franchise Tax Board to receive and evaluate applications that are submitted by taxpayers to receive a residential graywater reuse system credit and to certify to the taxpayer the amount of the credit that is authorized. The bill would prohibit the board from certifying tax credits exceeding the sum of $250,000 for any calendar year. The bill also would include additional information required for any bill authorizing a new income tax credit. This bill would take effect immediately as a tax levy.

The Personal Income Tax Law, in modified conformity with federal income tax laws, allows various exclusions from gross income. This bill, for taxable years beginning on or after January 1, 2018, and before January 1, 2023, would exclude from gross income any income earned on the moneys contributed to a homeownership savings account, as described. This bill would take effect immediately as a tax levy.

The Personal Income Tax Law excludes from the gross income of an employee amounts paid or incurred by an employer for educational assistance to the employee, as specified, up to $5,250 during a calendar year. This bill would exclude from the gross income of an employee amounts, not exceeding an aggregate amount of $5,250 per year, that are paid or incurred by an employer on and after January 1, 2018, and before January 1, 2023, for the payment of principal or interest on a qualified education loan, as defined, incurred by the employee. This bill would take effect immediately as a tax levy.

The California Emergency Services Act, among other things, establishes the Office of Emergency Services for the purpose of mitigating the effects of natural, manmade, or war-caused emergencies and makes findings and declarations relating to ensuring that preparation within the state will be adequate to deal with those emergencies. Existing law authorizes the Office of Emergency Services to acquire new or used firefighting apparatus and equipment for resale to local agencies, and to provide other assistance to agencies for the acquisition of firefighting apparatus and equipment. This bill, until January 1, 2024, would require the office to administer the Protect Our Homes Pilot Program to provide funds to individuals who own or rent a residence in the County of Kern, Kings, Merced, or San Bernardino for the purchase of qualifying home security equipment, as specified. The bill would authorize individuals who are eligible for the California earned income tax credit to participate in the grant pilot program and to be awarded a grant of up to $500 to install qualified home security equipment in a residence that he or she rents or owns in those counties. The bill would create the Protect Our Homes Pilot Program Fund and specify that moneys in the fund would be available upon appropriation by the Legislature for expenditure by the office for the purpose of providing these grants. The bill would make legislative findings and declarations as to the necessity of a special statute for the Counties of Kern, Kings, Merced, and San Bernardino.

The California Occupational Safety and Health Act of 1973 provides the Division of Occupational Safety and Health within the Department of Industrial Relations with the power, jurisdiction, and supervision over all employment and places of employment necessary to enforce and administer all occupational health and safety laws,and standards and to protect employees. The Occupational Safety and Health Standards Board, an independent entity within the department, has the exclusive authority to adopt occupational safety and health standards within the state. Existing law requires every employer to comply with those standards. A violation of these standards and regulations under specific circumstances is a crime. This bill would require the board to adopt occupational safety and health standards for state public works projects to prevent and control coccidioidomycosis, more commonly known as Valley Fever. By expanding the definition of an existing crime, this bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.

Existing law establishes the California State University, under the administration of the Trustees of the California State University, as one of the segments of public postsecondary education in this state. The California State University comprises 23 institutions of higher education located throughout the state. This bill would establish the Emergency Student Housing Loan Program, commencing with the 2019–20 academic year, at 3 campuses of the California State University, contingent upon the enactment of an appropriation of state funds for this purpose. This bill would define homeless, homelessness, and rapid rehousing for the purposes of this article. Under the program, the 3 participating campuses of the university, as designated by the trustees, would establish an Emergency Student Housing Loan Program pursuant to which the participating campus would design a program enabling students at their campus who are experiencing an individual housing emergency, as specified, to receive a loan to pay for their housing for up to 12 months. The bill would establish eligibility requirements and priorities for the selection of participating students. The bill would require the trustees to submit a report, including specified information about the program, to the appropriate policy and fiscal committees of the Legislature no later than June 30, 2022. This bill would make these provisions inoperative on July 1, 2022, and would repeal them as of January 1, 2023.

Existing law requires corporations to file an annual statement with the Secretary of State containing specified information. Existing law requires that the statement be available and open to the public for inspection and requires the Secretary of State to provide access to all information contained in the statement by means of an online database. This bill would require the Secretary of State, no later than December 31, 2019, to provide access to all information contained in the statement by means of an online database, except for residence addresses and personal signatures.

The Personal Income Tax Law and the Corporation Tax Law allow a credit against the taxes imposed under those laws, for each taxable year beginning on or after January 1, 2014, and before January 1, 2025, in an amount as provided in a written agreement between the Governor's Office of Business and Economic Development and the taxpayer, agreed upon by the California Competes Tax Credit Committee, and based on specified factors, including the number of jobs the taxpayer will create or retain in the state and the amount of investment in the state by the taxpayer. Existing law provides for the allocation of credit amounts through the 2017–18 fiscal year and limits the aggregate amount of credit that may be allocated in a fiscal year. This bill, for the credits described above as may be authorized for allocation for the 2018–19 fiscal year through the 2023–24 fiscal year, would allow up to 50% of the unallocated and recaptured credit amount, if any, from the preceding fiscal year to be reserved as a preliminary allocation to taxpayers that create or retain regionally significant jobs in a manufacturing, research and development, or testing facility, or a corporate headquarters, if the city, county, or city and county that is competing for the establishment, expansion, or retention of a manufacturing, research and development, or testing facility, or a corporate headquarters applies to GO-Biz on behalf of the taxpayer, as provided.