- Stage
- Failed
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Feb 2, 2010
What it does
The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws, including a credit based on "qualified wages," which, except as specified, is that portion of wages paid or incurred by the taxpayer during the taxable year to qualified employees that does not exceed 150% of the minimum wage, for qualified taxpayers who hire qualified employees within enterprise zones, subject to specific criteria. Existing law requires a taxpayer to obtain, from specified agencies, a certification providing that a qualified employee meets the requirements of the credit.
Where it stands
This bill failed and is no longer moving.
Failed
This bill failed and is no longer moving.
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- John A. Perez
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.