Provides a 50% tax credit for new income tax revenue generated by a new employee; provides credit may be taken up to 10 years; provides that the Department of Economic Development must monitor and certify the additional employment for any business which applies for the credit; provides any company taking the credit must maintain employment in the state for twice the number of years as the term of the tax credit; provides the Department of Economic Development shall annually report to the governor and the Legislature on the number and amounts of credits.
An Act Concerning The Department Of Economic And Community Development's Recommendations For Tax Credits To Promote Job Creation.
Income taxes: credits: employment: California New Employment Credit.
Provides corporation business tax credits and gross income tax credits to farm employers for providing lodging or transportation benefits.
Provides corporation business tax credits and gross income tax credits to farm employers for providing lodging or transportation benefits.
Provides corporation business tax credits and gross income tax credits to farm employers for providing lodging or transportation benefits.
Provides corporation business tax credits and gross income tax credits to farm employers for providing lodging or transportation benefits.
Establishes a tax credit for the purchase of new and used electric cars; provides that for a new electric vehicle, the tax credit shall be $7,500 and the tax credit for a used electric vehicle shall be $4,000.
Establishes a tax credit for the purchase of new and used electric cars; provides that for a new electric vehicle, the tax credit shall be $7,500 and the tax credit for a used electric vehicle shall be $4,000.
Provides corporation business and gross income tax credits for employment of community health workers.