summary
Introduced
02/18/2022
02/18/2022
In Committee
03/28/2022
03/28/2022
Crossed Over
Passed
Dead
08/31/2022
08/31/2022
Introduced Session
2021-2022 Session
Bill Summary
An act to add and repeal Sections 17275.6 and 24356.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
AI Summary
This bill allows a deduction under California's personal income tax and corporation tax laws for the value of pro bono services provided by licensed physicians and dentists. The deduction can be claimed for the amount the taxpayer would have ordinarily charged for the time and services contributed at no charge for pro bono patients. The deduction is limited to the percentage limitations established under federal tax law. The bill also includes provisions to comply with state law requiring additional information for bills authorizing new tax expenditures, including specific goals, performance indicators, and data reporting requirements.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
In committee: Set, first hearing. Hearing canceled at the request of author. (on 05/02/2022)
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bill summary
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