California 2011-2012 Regular Session Status: In Committee

AB 79 — University of California: technology commercialization: tax credit.

Last action — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

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

This bill died with 2011-2012 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Existing law established the University of California under the administration of the Regents of the University of California. This bill would authorize the University of California to create a University of California Technology Commercialization Acceleration Fund for each campus of the university and the university system for the deposit of contributions made for specified purposes. The bill would require the funds in each University Venture Development Fund to be used only for qualified research expenses, as defined. The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws. This bill would authorize a credit against those taxes for each taxable year beginning on or after January 1, 2011, in an amount equal to 50% of the amount contributed during the taxable year to the University of California for deposit into a University of California Technology Commercialization Acceleration Fund, as specified.

Bill Text

Action History

  1. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

  2. Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

  3. Re-referred to Com. on HIGHER ED.

  4. From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.

  5. Referred to Coms. on HIGHER ED. and REV. & TAX.

  6. From printer. May be heard in committee February 3.

  7. Read first time. To print.

Sponsors

  • Beall · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Beall

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"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

taxation education technology
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 AB 79 do?
Existing law established the University of California under the administration of the Regents of the University of California. This bill would authorize the University of California to create a University of California Technology Commercialization Acceleration Fund for each campus of the university and the university system for the deposit of contributions made for specified purposes. The bill would require the funds in each University Venture Development Fund to be used only for qualified research expenses, as defined. The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws. This bill would authorize a credit against those taxes for each taxable year beginning on or after January 1, 2011, in an amount equal to 50% of the amount contributed during the taxable year to the University of California for deposit into a University of California Technology Commercialization Acceleration Fund, as specified.
Who sponsors AB 79?
AB 79 is sponsored by Beall.
What is the current status of AB 79?
This bill died with 2011-2012 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 AB 79?
Track AB 79 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on AB 79

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.

Find my representatives → Run a campaign

Stay ahead of AB 79

Last checked for changes 3 months ago · updated continuously

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

Track this bill →