The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill would, until January 1, 2016, allow a credit, under both laws, to qualified producers in the amount of $0.018 per kilowatthour produced by dual renewable energy devices, as provided. This bill would, upon the appropriation of the Legislature, transfer amounts necessary to refund that credit from the General Fund to the Treasurer for the purpose of making those refunds. This bill would take effect immediately as a tax levy.
No votes to display
From committee without further action.
In committee: Set, first hearing. Held without recommendation.
From committee chair, with author's amendments: Amend, and re-refer to Com. on U. & C. Read second time and amended.
Read first time.
From printer. May be heard in committee March 23.
Introduced. To print.
|Bill Text Versions||Format|
|02/19/10 - Introduced|
|04/08/10 - Amended Assembly|
|No related documents.|
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