California 2021 2021-2022 Regular Session

California Senate Bill SB553 Introduced / Bill

Filed 02/18/2021

                    CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 553Introduced by Senator LimnFebruary 18, 2021 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGESTSB 553, as introduced, Limn. California State Work Opportunity Tax Credit.The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill would state the intent of the Legislature to enact legislation that would create a California State Work Opportunity Tax Credit.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe 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 California State Work Opportunity Tax Credit.

 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 553Introduced by Senator LimnFebruary 18, 2021 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGESTSB 553, as introduced, Limn. California State Work Opportunity Tax Credit.The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill would state the intent of the Legislature to enact legislation that would create a California State Work Opportunity Tax Credit.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 





 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION

 Senate Bill 

No. 553

Introduced by Senator LimnFebruary 18, 2021

Introduced by Senator Limn
February 18, 2021

 An act relating to taxation. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

SB 553, as introduced, Limn. California State Work Opportunity Tax Credit.

The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. This bill would state the intent of the Legislature to enact legislation that would create a California State Work Opportunity Tax Credit.

The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws. 

This bill would state the intent of the Legislature to enact legislation that would create a California State Work Opportunity Tax Credit.

## Digest Key

## Bill Text

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 California State Work Opportunity Tax Credit.

The people of the State of California do enact as follows:

## 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 California State Work Opportunity Tax Credit.

SECTION 1. It is the intent of the Legislature to enact legislation that would create a California State Work Opportunity Tax Credit.

SECTION 1. It is the intent of the Legislature to enact legislation that would create a California State Work Opportunity Tax Credit.

### SECTION 1.