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Bill > AB176
CA AB176
CA AB176Governor’s Office of Business and Economic Development: Office of Small Business Advocate: grant programs: taxation: credits: exclusions: sales and use tax.
summary
Introduced
01/08/2021
01/08/2021
In Committee
09/07/2021
09/07/2021
Crossed Over
02/25/2021
02/25/2021
Passed
09/09/2021
09/09/2021
Dead
Signed/Enacted/Adopted
09/23/2021
09/23/2021
Introduced Session
2021-2022 Regular Session
Bill Summary
An act to amend Sections 12096.6.2, 12100.63, 12100.82, 12100.82.5, 12100.83, 12100.83.5, 12100.83.6, 12100.90, and 12100.93 of, and to add Section 12100.91.5 to, the Government Code, to amend Sections 6295, 10878, 17053.80, 17053.98, 17158, 19280, 19294, 23629, 23698, and 24312 of, to amend and renumber the heading of Article 8 (commencing with Section 19292) of Chapter 5 of Part 10.2 of Division 2 of, to amend and renumber Sections 19292, 19293, and 19294 of, and to add Section 24311 to, the Revenue and Taxation Code, to amend Sections 4456, 4750.6, and 11713 of the Vehicle Code, to amend Section 8150.2 of the Welfare and Institutions Code, and to amend Section 25 of Chapter 82 of the Statutes of 2021, relating to state government, and making an appropriation therefor, to take effect immediately, bill related to the budget.
AI Summary
This bill makes several changes related to small business support and economic development programs in California:
1. It makes technical and clarifying changes to various grant programs within the Governor's Office of Business and Economic Development (GO-Biz), including the California Small Business Development Technical Assistance Expansion Program, the California Small Business COVID-19 Relief Grant Program, the California Microbusiness COVID-19 Relief Grant Program, and the California Venues Grant Program.
2. It changes the funding allocation and eligibility for the California Nonprofit Performing Arts Grant Program, allowing registered 501(c)(3) nonprofits to be eligible regardless of gross revenue if they serve as fiscal sponsors for qualified small businesses.
3. It extends the recapture provisions for the California Competes Grant Program to also apply to the California Microbusiness COVID-19 Relief Grant Program and the California Venues Grant Program.
4. It excludes from gross income for tax purposes the grant allocations received under the California Venues Grant Program and the California Microbusiness COVID-19 Relief Program.
5. It makes changes to the employment credit for hiring individuals who are or were homeless, and to the motion picture tax credit program, including requiring diversity goals and reporting for certified studio construction projects.
6. It requires the Franchise Tax Board to limit the maximum amount of disposable earnings subject to collection for certain delinquent amounts.
7. It requires vehicle dealers to pay applicable sales and use taxes to the Department of Motor Vehicles when selling vehicles at retail.
8. It appropriates $10,000 from the General Fund to GO-Biz to implement the bill's provisions.
9. It declares the provisions of the bill to be severable.
10. It declares the bill to be a bill providing for appropriations related to the Budget Bill and take effect immediately.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Budget (Assembly)
Last Action
Chaptered by Secretary of State - Chapter 256, Statutes of 2021. (on 09/23/2021)
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