tax credit – California Globe

Bill Creates a Homeless Employee Tax Credit

March 12, 2021 7:23 amMarch 12, 2021 7:31 am

On March 11, Assemblyman Richard Bloom (D-Santa Monica) amended his Assembly Bill 675 to create a tax credit for employers hiring the homeless. The bill would add and repeal Section 23628 of the Revenue and Taxation Code. Section One of...

New Bill is Work-Around to Federal State and Local Tax Deduction

March 10, 2021 11:32 amMarch 10, 2021 12:28 pm

Senators Mike McGuire (D- Healdsburg,) and Anna Caballero (D-Salinas) made amendments on March 9 to their Senate Bill 104, which is a “work-around” to the federal state and local tax (SALT) limitation. The bill would add and repeal Section 17052.10...

SB 1447 Budget Trailer Bill Would Provide a New Hiring Tax Credit

August 28, 2020 5:13 pmAugust 28, 2020 5:23 pm

On August 27, Senate Bill 1447 was gutted-and-amended from a bill dealing with mortgages to a bill on small business tax credits. SB 1447 is jointly authored by Senators Steve Bradford and Anna Caballero, as well as Assembly Member Sabrina...