Bill Text: CA SB1241 | 2017-2018 | Regular Session | Amended
Bill Title: Income taxes: credit: healing arts licensees: volunteers.
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2018-05-25 - May 25 hearing: Held in committee and under submission. [SB1241 Detail]
Download: California-2017-SB1241-Amended.html
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Amended
IN
Senate
May 01, 2018 |
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Amended
IN
Senate
April 16, 2018 |
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Amended
IN
Senate
April 02, 2018 |
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Amended
IN
Senate
March 19, 2018 |
CALIFORNIA LEGISLATURE—
2017–2018 REGULAR SESSION
| Senate Bill | No. 1241 |
| Introduced by Senator Nguyen (Principal coauthor: Assembly Member Quirk-Silva) |
February 15, 2018 |
An act to add Section 17052.1 to the Revenue and Taxation Code, relating to taxation, and making an appropriation therefor.
LEGISLATIVE COUNSEL'S DIGEST
SB 1241, as amended, Nguyen.
Income taxes: credit: healing arts licensees: volunteers.
The Personal Income Tax Law allows various credits against the taxes imposed by that law.
This bill would allow a refundable tax credit, for each taxable year beginning on or after January 1, 2019, to a qualified taxpayer who is a physician and surgeon, nurse practitioner, physician’s assistant, podiatrist, optometrist, or dentist who is licensed and practices within his or her scope of practice for at least 40 100 hours during the taxable year as a volunteer for a nonprofit licensed health clinic located in California. The bill would require a
nonprofit licensed health clinic to provide the qualified taxpayer with a document that includes certain information and would authorize the Franchise Tax Board to request that document and to create a model document for use by a nonprofit licensed health clinic.
Existing law establishes the continuously appropriated Tax Relief and Refund Account and provides that payments required to be made to taxpayers or other persons from the Personal Income Tax Fund are to be paid from that account, including any amount allowable as an earned income credit in excess of any tax liabilities.
By authorizing new payments from that account for additional amounts in excess of personal income tax liabilities, this bill would make an appropriation.
Digest Key
Vote: 2/3 Appropriation: YES Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 17052.1 is added to the Revenue and Taxation Code, to read:17052.1.
(a) For each taxable year beginning on or after January 1, 2019, there shall be allowed a credit against the “net tax,” as defined in Section 17039, to a qualified(1) Two thousand five hundred dollars ($2,500) for a qualified taxpayer filing as head of household, surviving spouse, as defined in Section 17046, or spouses
filing a joint return if adjusted gross income is five hundred thousand dollars ($500,000) or less.
(2) Two thousand five hundred dollars ($2,500) for a qualified taxpayer filing a return other than as described in paragraph (1) if adjusted gross income is two hundred and fifty thousand ($250,000) dollars or less.
(b) For purposes of this section, a “qualified
both of the following terms shall have the following meanings:
(1) “Nonprofit licensed health clinic” means a community clinic or free clinic, as defined in Section 1204 of the Health and Safety Code, licensed by the State Department of Public Health.
(2) “Qualified taxpayer” means a physician and surgeon, nurse practitioner, physician’s assistant, podiatrist, optometrist, or dentist who is licensed and practices within his or her scope of practice
pursuant to Division 2 (commencing with Section 500) of the Business and Professions Code for at least 40 100 hours during the taxable year as a volunteer for a nonprofit licensed health clinic located in California.
(c) If the amount allowable as a credit under this section exceeds the tax liability computed under this part for the taxable year, the excess shall be credited against other amounts due, if any, and the balance, if any, shall be paid from the Tax Relief and Refund Account and refunded to the taxpayer.
(d) (1) A nonprofit licensed health clinic shall provide a document to the qualified taxpayer that states the number of volunteer hours performed by the qualified taxpayer at the nonprofit licensed health clinic. Upon request by the Franchise Tax Board, the qualified taxpayer shall provide the document to the Franchise Tax Board.
(2) The Franchise Tax Board may create a model document for a nonprofit licensed health clinic to use for purposes of paragraph (1).
(d)
(e) Section 41 does not apply to the credit allowed by this section.
