Bill Text: CA AB675 | 2021-2022 | Regular Session | Amended
Bill Title: Corporation Tax Law: credits: employment: homelessness.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2022-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB675 Detail]
Download: California-2021-AB675-Amended.html
Amended
IN
Assembly
March 11, 2021 |
Introduced by Assembly Member Bloom (Principal coauthor: Senator Durazo) |
February 12, 2021 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law, the Cigarette and Tobacco Products Tax Law, requires, subject to specified exceptions, an appropriate stamp to be affixed to, or an appropriate meter impression to be made on, each package of cigarettes before the distribution of the cigarettes.
This bill would make nonsubstantive changes to those provisions.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
The Legislature finds and declares:SEC. 2.
Section 23628 is added to the Revenue and Taxation Code, to read:23628.
(a) (1) For each taxable year beginning on or after January 1, 2022, and before January 1, 2027, there shall be allowed to a qualified taxpayer that employs an eligible individual a credit against the “tax,” as defined in Section 23036, an amount as determined pursuant to paragraph (2), not to exceed thirty thousand dollars ($30,000) per taxable year.SEC. 3.
For purposes of complying with Section 41 of the Revenue and Taxation Code, with respect to Section 23628 of the Revenue and Taxation Code as added by this act, hereafter the “credit,” the Legislature finds and declares the following:SEC. 4.
If the Commission on State Mandates determines that this act contains costs mandated by the state, reimbursement to local agencies and school districts for those costs shall be made pursuant to Part 7 (commencing with Section 17500) of Division 4 of Title 2 of the Government Code.SEC. 5.
This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.(a)Except as otherwise provided in this section, an appropriate stamp shall be affixed to, or an appropriate meter impression shall be made on, each package of cigarettes before the distribution of the cigarettes.
(b)A stamp or meter impression shall not be affixed to, or made upon, any package of cigarettes if any one of the following occurs:
(1)The package does not comply with all requirements of the Federal Cigarette Labeling and Advertising Act (15 U.S.C. Sec. 1331 and following) for the placement of labels, warnings, or any other information upon a package of cigarettes that is to be sold within the United States.
(2)The package is labeled “For Export Only,” “U.S. Tax Exempt,” “For Use Outside U.S.,” or similar wording indicating that the manufacturer did not intend that the
product be sold in the United States.
(3)The package, or a package containing individually stamped packages, has been altered by adding or deleting the wording, labels, or warnings described in paragraph (1) or (2).
(4)The package was imported into the United States after January 1, 2000, in violation of Section 5754 of Title 26 of the United States Code.
(5)(A)The package bears a cigarette brand name that is a registered United
States trademark of a participating
manufacturer, and the package was imported by anyone other than the participating manufacturer of that cigarette brand.
(B)For purposes of this paragraph, “participating manufacturer” has the same meaning as defined in paragraph (1) of subdivision (a) of Section 104557 of the Health and Safety Code and in Section II(jj) of the Master Settlement Agreement described in Article 3 (commencing with Section 104555) of Chapter 1 of Part 3 of Division 103 of the Health and Safety Code.
(c)Pursuant to its authority under Section 30148, the board shall revoke the license issued to a distributor that is determined to be in violation of this section.
(d)A violation of subdivision (b) shall constitute unfair competition under Section 17200 of the Business and Professions
Code.