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Community development financial institutions: grant program: income taxation: credits.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA SB 1230 · Senate Bill · 2019–2020

Stage
Session ended
Started in
Senate
Sponsors
Latest action
May 12, 2020

What it does

(1) Existing law establishes the Governor's Office of Business and Economic Development, known as "GO-Biz," within the Governor's office to serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth. Existing federal law establishes the Capital Magnet Fund and makes moneys in that fund available to the United States Secretary of the Treasury to carry out a competitive grant program to attract private capital for, and increase investment in, certain affordable housing and economic development projects by providing grants, as provided, to Treasury-certified community…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Current step)

    On calendar · May 12, 2020

  3. Floor (Needs attention)

    The session ended first

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Work with this bill

Community development financial institutions: grant program: income taxation: credits. | 52