Bill Text: CA AB1999 | 2013-2014 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Personal income and corporation taxes: credits: rehabilitation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Vetoed) 2014-09-29 - Vetoed by Governor. [AB1999 Detail]
Download: California-2013-AB1999-Introduced.html
Bill Title: Personal income and corporation taxes: credits: rehabilitation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Vetoed) 2014-09-29 - Vetoed by Governor. [AB1999 Detail]
Download: California-2013-AB1999-Introduced.html
BILL NUMBER: AB 1999 INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Atkins FEBRUARY 20, 2014 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGEST AB 1999, as introduced, Atkins. Income taxes: California Economic Development and Historic Preservation Tax Credit Act. The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill would state that it is the intent of the Legislature to enact the California Economic Development and Historic Preservation Tax Credit Act, the purpose of which is to create jobs and revitalize communities by providing an incentive for the renovation and restoration of historic properties. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. It is the intent of the Legislature to enact the California Economic Development and Historic Preservation Tax Credit Act, the purpose of which is to create jobs and revitalize communities by providing an incentive for the renovation and restoration of historic properties.