BILL NUMBER: AB 2842 INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Thurmond FEBRUARY 19, 2016 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGEST AB 2842, as introduced, Thurmond. Personal income tax: credits. The Personal Income Tax Law authorizes various credits against the taxes imposed by that law. This bill would express the intent of the Legislature to enact legislation that would create a new tax credit for working individuals. 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 legislation that would create a new tax credit for working individuals.