The Personal Income Tax Law 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 or after January 1, 2023, and before January 1, 2028, in an amount, not to exceed $30,000 per qualified taxpayer per taxable year, equal to 40% of the amount paid or incurred by a qualified taxpayer during the taxable year for qualified wages of qualified employees, not to exceed $6,000 per qualified employee. The bill would define "qualified employee" to mean an employee who is hired on or after January 1, 2023, who is a vocational rehabilitation referral, qualified SSI recipient, or qualified SSDI recipient, and who was not an employee of the qualified taxpayer in the previous 5 taxable years. Existing law requires a bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives the tax expenditure will achieve, detailed performance indicators, and data collection requirements. The bill would also include additional information required for a bill authorizing a new tax expenditure. This bill would take effect immediately as a tax levy.
Sponsored bills
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.
This measure would declare March 13, 2022, to April 15, 2022, as Deaf History Month.
This measure would proclaim the month of April 2022 as Black April Memorial Month.
This measure would acknowledge the Muslim holy month of Ramadan and express the Legislature's respect to Muslims across California and throughout the world on this occasion.
This measure would recognize the value of all women's contributions to agriculture and resolve to help realize their success as leaders on the land.