Bill > AB2479

This bill makes a minor, non-substantive change to existing law regarding a personal income tax employment credit, which allows businesses to claim a credit for hiring qualified full-time employees in designated economically distressed areas. The credit, available for taxable years from 2014 to 2026, is calculated based on a percentage of qualified wages paid to these employees. The amendment specifically alters the wording within the provision that defines a "qualified full-time employee" by changing "employee and" to "employee, that" in one instance, without altering the substance or intent of the credit program.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2479