California 2009-2010 Regular Session Status: In Committee

SB 206 — Income tax credit: principal residence.

Last action — Returned to Secretary of Senate pursuant to Joint Rule 56.

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2009-2010 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The Personal Income Tax Law authorizes various credits against the taxes imposed by that law. This bill would allow a credit to a qualified taxpayer, as defined, who purchases a qualified principal residence, as defined, during a specified period, in an amount equal to 10% of the purchase price, not to exceed $8,000, as provided. The bill would limit the total amount of credits to specified aggregate amounts per fiscal year, and provide that the General Fund shall be paid an amount equal to the credits with specified funds from the Neighborhood Stabilization Program 2 Funding as provided. This bill would take effect immediately as a tax levy.

Bill Text

Action History

  1. Returned to Secretary of Senate pursuant to Joint Rule 56.

  2. Placed on REV. & TAX. suspense file.

  3. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  4. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  5. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  6. Set for hearing July 8.

  7. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  8. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.

  9. Set, first hearing. Hearing canceled at the request of author.

  10. Set for hearing May 13.

  11. Re-referred to Com. on REV. & TAX.

  12. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on RLS.

  13. To Com. on RLS.

  14. From print. May be acted upon on or after March 26.

  15. Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

  • Charles Calderon · Cosponsor
  • Dutton · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 1 co-sponsors · 120 not signed on

Sponsors (1)

  • Dutton

Co-sponsors (1)

  • Charles Calderon

Not signed on (120)

120 members have not signed on to this bill.

Show all 120 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 206 do?
The Personal Income Tax Law authorizes various credits against the taxes imposed by that law. This bill would allow a credit to a qualified taxpayer, as defined, who purchases a qualified principal residence, as defined, during a specified period, in an amount equal to 10% of the purchase price, not to exceed $8,000, as provided. The bill would limit the total amount of credits to specified aggregate amounts per fiscal year, and provide that the General Fund shall be paid an amount equal to the credits with specified funds from the Neighborhood Stabilization Program 2 Funding as provided. This bill would take effect immediately as a tax levy.
Who sponsors SB 206?
SB 206 is sponsored by Charles Calderon and Dutton.
What is the current status of SB 206?
This bill died with 2009-2010 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 206?
Track SB 206 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 206

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Stay ahead of SB 206

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →