CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

99

Introduced by Senator Gonzalez

February 16, 2024

An act relating to taxation.

Vote: majority   Appropriation: no   Fiscal committee: no   Local program: no

LEGISLATIVE COUNSEL’S DIGEST

Existing law, the Corporation Tax Law, allows various credits against the tax imposed by that law, including, among others, a credit in an amount equal to the minimum tax credit, as defined.

This bill would state the intent of the Legislature to enact subsequent legislation modifying existing tax credits.

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

SECTION 1.

It is the intent of the Legislature to enact subsequent legislation modifying existing tax credits.