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Tangipa
Coauthors: Alanis Castillo Gallagher Hadwick Macedo Alvarado-Gil Choi Dahle Grove Ochoa Bogh Valladares |
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| Subject | Personal Income Tax Law: Corporation Tax Law: tax credits: farming. | ||||||||||||||||
| Relating To | relating to taxation, to take effect immediately, tax levy. | ||||||||||||||||
| Title | An act to add and repeal Sections 17053.66 and 23668 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. | ||||||||||||||||
| Last Action Dt | 2026-03-11 | ||||||||||||||||
| State | Amended Assembly | ||||||||||||||||
| Status | In Committee Process | ||||||||||||||||
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| Analyses | TBD | ||||||||||||||||
| Latest Text | Bill Full Text | ||||||||||||||||
| Latest Text Digest |
The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives that the tax expenditure will achieve, detailed performance indicators, and data collection requirements. This bill would also include additional information required for any bill authorizing a new tax expenditure. This bill would provide that no reimbursement is required by this act for a specified reason. This bill would take effect immediately as a tax levy. |