summary
Introduced
02/14/2018
02/14/2018
In Committee
08/06/2018
08/06/2018
Crossed Over
05/30/2018
05/30/2018
Passed
Dead
09/30/2018
09/30/2018
Introduced Session
2017-2018 Regular Session
Bill Summary
An act to amend Section 17053.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
AI Summary
This bill increases the renter's credit amount for qualified renters in California, starting in the 2018 tax year. The bill also requires the Franchise Tax Board to annually adjust the credit amount for inflation starting in 2023. The Governor is authorized to suspend the increased credit amount if an economic emergency is declared. The bill also specifies that the credit amount will be $0 starting in 2019 unless a bill providing for appropriations related to the Budget Bill says otherwise, in which case the previous credit amounts of $60 and $120 would apply.
Committee Categories
Budget and Finance
Sponsors (21)
Steve Glazer (D)*,
Joel Anderson (R),
Jim Beall (D),
Steve Bradford (D),
Bill Dodd (D),
Cathleen Galgiani (D),
Robert Hertzberg (D),
Jerry Hill (D),
Ben Hueso (D),
Tom Lackey (R),
Connie Leyva (D),
Melissa Melendez (R),
Josh Newman (D),
Janet Nguyen (R),
Richard Pan (D),
Anthony Portantino (D),
Richard Roth (D),
Miguel Santiago (D),
Nancy Skinner (D),
Bob Wieckowski (D),
Scott Wilk (R),
Last Action
August 16 hearing: Held in committee and under submission. (on 08/16/2018)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | http://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=201720180SB1182 |
Bill | http://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180SB1182 |
Loading...