Amended IN Assembly March 29, 2023 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 1456Introduced by Assembly Member Joe PattersonFebruary 17, 2023An act to amend Section 51220 of the Education Code, relating to pupil instruction. An act to add Sections 17052.4 and 23652.4 to the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.LEGISLATIVE COUNSEL'S DIGESTAB 1456, as amended, Joe Patterson. Adopted course of study: social sciences: financial literacy. Income taxes: credit: guest lectures.The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws.This bill, for taxable years beginning on or after January 1, 2024, would allow a credit against those taxes to a business whose qualified employee, as defined, provides a qualified guest lecture, as specified, to students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a public or private school, including a charter school or an alternative school, located in the same city as the business, in an amount equal to $500 per qualified guest lecture during the taxable year, not to exceed $1,000 per taxable year.Existing law requires any bill authorizing a new tax credit to contain, among other things, specific goals, purposes, and objectives that the tax credit will achieve, detailed performance indicators, and data collection requirements.The bill would make specified findings detailing the goals, purposes, and objectives of the above-described tax credit, performance indicators for determining whether the credit meets those goals, purposes, and objectives, and data collection requirements.This bill would take effect immediately as a tax levy.Existing law requires the adopted course of study for grades 7 to 12, inclusive, to offer courses in specified areas of study, including, among others, social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Existing law requires that social science instruction to include, among other things, the development of the American economic system, including the role of the entrepreneur and labor.This bill would add financial literacy to the adopted course of study for social science instruction. By imposing additional duties on school officials, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YESNO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 17052.4 is added to the Revenue and Taxation Code, to read:17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.SEC. 2. Section 23652.4 is added to the Revenue and Taxation Code, to read:23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.SEC. 3. This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.SECTION 1.Section 51220 of the Education Code is amended to read:51220.The adopted course of study for grades 7 to 12, inclusive, shall offer courses in the following areas of study:(a)English, including knowledge of and appreciation for literature, language, and composition, and the skills of reading, listening, and speaking.(b)(1)Social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Instruction shall provide a foundation for understanding the history, resources, development, and government of California and the United States of America; instruction in our American legal system, the operation of the juvenile and adult criminal justice systems, and the rights and duties of citizens under the criminal and civil law and the State and Federal Constitutions; the development of the American economic system, including the role of the entrepreneur and labor; financial literacy; the relations of persons to their human and natural environment; eastern and western cultures and civilizations; human rights issues, with particular attention to the study of the inhumanity of genocide, slavery, and the Holocaust; and contemporary issues.(2)For purposes of this subdivision, genocide may include the Armenian Genocide. The Armenian Genocide means the torture, starvation, and murder of 1,500,000 Armenians, which included death marches into the Syrian desert, by the rulers of the Ottoman Turkish Empire and the exile of more than 500,000 innocent people during the period from 1915 to 1923, inclusive.(c)World language or languages, beginning not later than grade 7, designed to develop a facility for understanding, speaking, reading, and writing the particular language.(d)Physical education, with emphasis given to physical activities that are conducive to health and to vigor of body and mind, as required by Section 51222.(e)Science, including the physical and biological aspects, with emphasis on basic concepts, theories, and processes of scientific investigation and on the place of humans in ecological systems, and with appropriate applications of the interrelation and interdependence of the sciences.(f)Mathematics, including instruction designed to develop mathematical understandings, operational skills, and insight into problem-solving procedures.(g)Visual and performing arts, including dance, music, theater, and visual arts, with emphasis upon development of aesthetic appreciation and the skills of creative expression.(h)Applied arts, including instruction in the areas of consumer education, family and consumer sciences education, industrial arts, general business education, or general agriculture.(i)Career technical education designed and conducted for the purpose of preparing youth for gainful employment in the occupations and in the numbers that are appropriate to the personnel needs of the state and the community served and relevant to the career desires and needs of the pupils.(j)Automobile driver education, designed to develop a knowledge of the Vehicle Code and other laws of this state relating to the operation of motor vehicles, a proper acceptance of personal responsibility in traffic, a true appreciation of the causes, seriousness, and consequences of traffic accidents, and the knowledge and attitudes necessary for the safe operation of motor vehicles. A course in automobile driver education shall include education in the safe operation of motorcycles.(k)Other studies that the governing board may prescribe.SEC. 2.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.
Amended IN Assembly March 29, 2023 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 1456Introduced by Assembly Member Joe PattersonFebruary 17, 2023An act to amend Section 51220 of the Education Code, relating to pupil instruction. An act to add Sections 17052.4 and 23652.4 to the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.LEGISLATIVE COUNSEL'S DIGESTAB 1456, as amended, Joe Patterson. Adopted course of study: social sciences: financial literacy. Income taxes: credit: guest lectures.The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws.This bill, for taxable years beginning on or after January 1, 2024, would allow a credit against those taxes to a business whose qualified employee, as defined, provides a qualified guest lecture, as specified, to students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a public or private school, including a charter school or an alternative school, located in the same city as the business, in an amount equal to $500 per qualified guest lecture during the taxable year, not to exceed $1,000 per taxable year.Existing law requires any bill authorizing a new tax credit to contain, among other things, specific goals, purposes, and objectives that the tax credit will achieve, detailed performance indicators, and data collection requirements.The bill would make specified findings detailing the goals, purposes, and objectives of the above-described tax credit, performance indicators for determining whether the credit meets those goals, purposes, and objectives, and data collection requirements.This bill would take effect immediately as a tax levy.Existing law requires the adopted course of study for grades 7 to 12, inclusive, to offer courses in specified areas of study, including, among others, social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Existing law requires that social science instruction to include, among other things, the development of the American economic system, including the role of the entrepreneur and labor.This bill would add financial literacy to the adopted course of study for social science instruction. By imposing additional duties on school officials, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YESNO
Amended IN Assembly March 29, 2023
Amended IN Assembly March 29, 2023
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
Assembly Bill
No. 1456
Introduced by Assembly Member Joe PattersonFebruary 17, 2023
Introduced by Assembly Member Joe Patterson
February 17, 2023
An act to amend Section 51220 of the Education Code, relating to pupil instruction. An act to add Sections 17052.4 and 23652.4 to the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1456, as amended, Joe Patterson. Adopted course of study: social sciences: financial literacy. Income taxes: credit: guest lectures.
The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws.This bill, for taxable years beginning on or after January 1, 2024, would allow a credit against those taxes to a business whose qualified employee, as defined, provides a qualified guest lecture, as specified, to students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a public or private school, including a charter school or an alternative school, located in the same city as the business, in an amount equal to $500 per qualified guest lecture during the taxable year, not to exceed $1,000 per taxable year.Existing law requires any bill authorizing a new tax credit to contain, among other things, specific goals, purposes, and objectives that the tax credit will achieve, detailed performance indicators, and data collection requirements.The bill would make specified findings detailing the goals, purposes, and objectives of the above-described tax credit, performance indicators for determining whether the credit meets those goals, purposes, and objectives, and data collection requirements.This bill would take effect immediately as a tax levy.Existing law requires the adopted course of study for grades 7 to 12, inclusive, to offer courses in specified areas of study, including, among others, social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Existing law requires that social science instruction to include, among other things, the development of the American economic system, including the role of the entrepreneur and labor.This bill would add financial literacy to the adopted course of study for social science instruction. By imposing additional duties on school officials, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above.
The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws.
This bill, for taxable years beginning on or after January 1, 2024, would allow a credit against those taxes to a business whose qualified employee, as defined, provides a qualified guest lecture, as specified, to students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a public or private school, including a charter school or an alternative school, located in the same city as the business, in an amount equal to $500 per qualified guest lecture during the taxable year, not to exceed $1,000 per taxable year.
Existing law requires any bill authorizing a new tax credit to contain, among other things, specific goals, purposes, and objectives that the tax credit will achieve, detailed performance indicators, and data collection requirements.
The bill would make specified findings detailing the goals, purposes, and objectives of the above-described tax credit, performance indicators for determining whether the credit meets those goals, purposes, and objectives, and data collection requirements.
This bill would take effect immediately as a tax levy.
Existing law requires the adopted course of study for grades 7 to 12, inclusive, to offer courses in specified areas of study, including, among others, social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Existing law requires that social science instruction to include, among other things, the development of the American economic system, including the role of the entrepreneur and labor.
This bill would add financial literacy to the adopted course of study for social science instruction. By imposing additional duties on school officials, the bill would impose a state-mandated local program.
The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.
This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 17052.4 is added to the Revenue and Taxation Code, to read:17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.SEC. 2. Section 23652.4 is added to the Revenue and Taxation Code, to read:23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.SEC. 3. This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.SECTION 1.Section 51220 of the Education Code is amended to read:51220.The adopted course of study for grades 7 to 12, inclusive, shall offer courses in the following areas of study:(a)English, including knowledge of and appreciation for literature, language, and composition, and the skills of reading, listening, and speaking.(b)(1)Social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Instruction shall provide a foundation for understanding the history, resources, development, and government of California and the United States of America; instruction in our American legal system, the operation of the juvenile and adult criminal justice systems, and the rights and duties of citizens under the criminal and civil law and the State and Federal Constitutions; the development of the American economic system, including the role of the entrepreneur and labor; financial literacy; the relations of persons to their human and natural environment; eastern and western cultures and civilizations; human rights issues, with particular attention to the study of the inhumanity of genocide, slavery, and the Holocaust; and contemporary issues.(2)For purposes of this subdivision, genocide may include the Armenian Genocide. The Armenian Genocide means the torture, starvation, and murder of 1,500,000 Armenians, which included death marches into the Syrian desert, by the rulers of the Ottoman Turkish Empire and the exile of more than 500,000 innocent people during the period from 1915 to 1923, inclusive.(c)World language or languages, beginning not later than grade 7, designed to develop a facility for understanding, speaking, reading, and writing the particular language.(d)Physical education, with emphasis given to physical activities that are conducive to health and to vigor of body and mind, as required by Section 51222.(e)Science, including the physical and biological aspects, with emphasis on basic concepts, theories, and processes of scientific investigation and on the place of humans in ecological systems, and with appropriate applications of the interrelation and interdependence of the sciences.(f)Mathematics, including instruction designed to develop mathematical understandings, operational skills, and insight into problem-solving procedures.(g)Visual and performing arts, including dance, music, theater, and visual arts, with emphasis upon development of aesthetic appreciation and the skills of creative expression.(h)Applied arts, including instruction in the areas of consumer education, family and consumer sciences education, industrial arts, general business education, or general agriculture.(i)Career technical education designed and conducted for the purpose of preparing youth for gainful employment in the occupations and in the numbers that are appropriate to the personnel needs of the state and the community served and relevant to the career desires and needs of the pupils.(j)Automobile driver education, designed to develop a knowledge of the Vehicle Code and other laws of this state relating to the operation of motor vehicles, a proper acceptance of personal responsibility in traffic, a true appreciation of the causes, seriousness, and consequences of traffic accidents, and the knowledge and attitudes necessary for the safe operation of motor vehicles. A course in automobile driver education shall include education in the safe operation of motorcycles.(k)Other studies that the governing board may prescribe.SEC. 2.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.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 17052.4 is added to the Revenue and Taxation Code, to read:17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.
SECTION 1. Section 17052.4 is added to the Revenue and Taxation Code, to read:
### SECTION 1.
17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.
17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.
17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.
17052.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the net tax, as defined in Section 17039, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.
(b) For purposes of this section:
(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.
(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.
(3) Qualified school means a public or private school, including a charter school or an alternative school.
(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.
(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.
(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.
(d) In the case where the credit allowed by this section exceeds the net tax, the excess may be carried over to reduce the net tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.
(e) For purposes of complying with Section 41 with respect to this section and Section 23652.4, the Legislature finds and declares the following:
(1) The specific goal, purpose, and objective of the credit allowed by this section and Section 23652.4 is to provide an additional incentive for local businesses to educate students within their city on issues relating to the company or industry, such as customer service, finance, technology, financial literacy, or balancing a budget.
(2) Detailed performance indicators for the Legislature to use in determining whether the credits meet that goal, purpose, and objective are as follows:
(A) The number of qualified taxpayers that are allowed a credit under this section and Section 23652.4.
(B) The total number of credits allowed under this section and Section 23652.4 that are claimed during the taxable year.
(3) The Franchise Tax Board, on or before March 1, 2025, and annually thereafter, shall review the effectiveness of the credits allowed by this section and Section 23652.4, and shall post the review on their internet website.
SEC. 2. Section 23652.4 is added to the Revenue and Taxation Code, to read:23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.
SEC. 2. Section 23652.4 is added to the Revenue and Taxation Code, to read:
### SEC. 2.
23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.
23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.
23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.(b) For purposes of this section:(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.(3) Qualified school means a public or private school, including a charter school or an alternative school.(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.
23652.4. (a) For each taxable year beginning on or after January 1, 2024, there shall be allowed a credit against the tax, as defined in Section 23036, to a qualified taxpayer in an amount equal to five hundred dollars ($500) per qualified guest lecture during the taxable year, not to exceed one thousand dollars ($1,000) per taxable year.
(b) For purposes of this section:
(1) Qualified employee means an employee of the qualified taxpayer who does not receive any compensation, monetary or otherwise, for the qualified quest lecture.
(2) Qualified guest lecture means a lecture or presentation by a qualified employee to qualified students during class time, for a length of at least 45 minutes, on topics related to the qualified taxpayers company or industry, including financial literacy and customer service.
(3) Qualified school means a public or private school, including a charter school or an alternative school.
(4) Qualified students means students enrolled in kindergarten or any of grades 1 to 12, inclusive, at a qualified school.
(5) Qualified taxpayer means a business located within the same city as the qualified school at which the qualified guest lecture occurred.
(c) Any deduction otherwise allowed under this part for any amount paid or incurred by the taxpayer upon which the credit is based shall be reduced by the amount of the credit allowed under this section.
(d) In the case where the credit allowed by this section exceeds the tax, the excess may be carried over to reduce the tax in the following taxable year, and succeeding seven years, if necessary, until the credit is exhausted.
SEC. 3. This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.
SEC. 3. This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.
SEC. 3. This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.
### SEC. 3.
The adopted course of study for grades 7 to 12, inclusive, shall offer courses in the following areas of study:
(a)English, including knowledge of and appreciation for literature, language, and composition, and the skills of reading, listening, and speaking.
(b)(1)Social sciences, drawing upon the disciplines of anthropology, economics, geography, history, political science, psychology, and sociology, designed to fit the maturity of the pupils. Instruction shall provide a foundation for understanding the history, resources, development, and government of California and the United States of America; instruction in our American legal system, the operation of the juvenile and adult criminal justice systems, and the rights and duties of citizens under the criminal and civil law and the State and Federal Constitutions; the development of the American economic system, including the role of the entrepreneur and labor; financial literacy; the relations of persons to their human and natural environment; eastern and western cultures and civilizations; human rights issues, with particular attention to the study of the inhumanity of genocide, slavery, and the Holocaust; and contemporary issues.
(2)For purposes of this subdivision, genocide may include the Armenian Genocide. The Armenian Genocide means the torture, starvation, and murder of 1,500,000 Armenians, which included death marches into the Syrian desert, by the rulers of the Ottoman Turkish Empire and the exile of more than 500,000 innocent people during the period from 1915 to 1923, inclusive.
(c)World language or languages, beginning not later than grade 7, designed to develop a facility for understanding, speaking, reading, and writing the particular language.
(d)Physical education, with emphasis given to physical activities that are conducive to health and to vigor of body and mind, as required by Section 51222.
(e)Science, including the physical and biological aspects, with emphasis on basic concepts, theories, and processes of scientific investigation and on the place of humans in ecological systems, and with appropriate applications of the interrelation and interdependence of the sciences.
(f)Mathematics, including instruction designed to develop mathematical understandings, operational skills, and insight into problem-solving procedures.
(g)Visual and performing arts, including dance, music, theater, and visual arts, with emphasis upon development of aesthetic appreciation and the skills of creative expression.
(h)Applied arts, including instruction in the areas of consumer education, family and consumer sciences education, industrial arts, general business education, or general agriculture.
(i)Career technical education designed and conducted for the purpose of preparing youth for gainful employment in the occupations and in the numbers that are appropriate to the personnel needs of the state and the community served and relevant to the career desires and needs of the pupils.
(j)Automobile driver education, designed to develop a knowledge of the Vehicle Code and other laws of this state relating to the operation of motor vehicles, a proper acceptance of personal responsibility in traffic, a true appreciation of the causes, seriousness, and consequences of traffic accidents, and the knowledge and attitudes necessary for the safe operation of motor vehicles. A course in automobile driver education shall include education in the safe operation of motorcycles.
(k)Other studies that the governing board may prescribe.
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.