Bill Text: CA AB1515 | 2021-2022 | Regular Session | Amended
Bill Title: Outreach, Education, and Free Tax Assistance Grant Program.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2022-08-23 - Ordered to inactive file at the request of Senator Caballero. [AB1515 Detail]
Download: California-2021-AB1515-Amended.html
Amended
IN
Assembly
March 25, 2021 |
Introduced by Assembly Member Santiago |
February 19, 2021 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law authorizes a city, county, or city and county to adopt a resolution creating an affordable housing authority with powers limited to providing low- and moderate-income housing and affordable workforce housing, as provided, by means of tax increment financing. Existing law authorizes an affordable housing authority to transfer its housing responsibilities to a housing authority or city or county housing department if it makes specified determinations.
This bill would make a nonsubstantive change to the provision that authorizes an affordable housing authority to transfer its housing responsibilities.
Digest Key
Vote:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
The Legislature finds and declares all of the following:SEC. 2.
Section 18624 of the Revenue and Taxation Code, as amended by Section 3 of Chapter 102 of the Statutes of 2020, is amended to read:18624.
(a) Section 6109 of the Internal Revenue Code, relating to identifying numbers, shall apply, except as otherwise provided.(2)
SEC. 3.
Section 18624 of the Revenue and Taxation Code, as added by Section 4 of Chapter 102 of the Statutes of 2020, is amended to read:18624.
(a) Section 6109 of the Internal Revenue Code, relating to identifying numbers, shall apply, except as otherwise provided.(f)
SEC. 4.
Part 10.4 (commencing with Section 19900) is added to Division 2 of the Revenue and Taxation Code, to read:PART 10.4. Earned Income Tax Credit Outreach and Education and Free Tax Assistance Grant Program
19900.
This part shall be known and may be cited as the Earned Income Tax Credit Outreach and Education and Free Tax Assistance Grant Program.19901.
(a) The Franchise Tax Board shall administer the Earned Income Tax Credit Outreach and Education and Free Tax Assistance Grant Program in accordance with this article.19902.
(a) Upon appropriation by the Legislature, the Franchise Tax Board shall allocate grants to qualified nonprofit community-based organizations or local government agencies to increase the number of eligible households claiming the state and federal Earned Income Tax Credit, the Golden State Stimulus, and other relevant tax credits and stimulus payments, and to increase awareness of ITIN tax status eligibility, pursuant to the requirements in this section.19903.
(a) There is hereby established in the State Treasury the Earned Income Tax Credit Outreach and Education and Free Tax Assistance Grant Fund.An authority may transfer its housing responsibilities to a housing authority or city or county housing department if it determines that combining funding streams will reduce administrative costs or expedite construction of affordable housing.