SB 718 — Capital investment incentive programs: corporation tax credit: new advanced strategic aircraft program.
Last action — Chaptered by Secretary of State. Chapter 189, Statutes of 2014.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed Assembly
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 22, 2013. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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47 sponsors
1 primary, 46 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (4 D · 1 R) — cross-party backing.
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Cleared a recorded vote
Passed 10 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
(1) Existing law, until July 1, 2015, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount, as defined, that does not exceed the amount of property tax derived from that portion of the assessed value of a qualified manufacturing facility that exceeds $25,000,000, to a proponent of a qualified manufacturing facility. Existing law defines a "proponent" as a party and requires a party to meet certain requirements, including that the party will be the fee owner of the qualified manufacturing facility upon the completion of that facility, as provided. This bill would, until July 1, 2015, additionally authorize the party to be the lessee or the occupant under a government-owned contractor-operator enhanced use lease agreement of the qualified manufacturing facility upon the completion of that facility. (2) Existing law, the Corporation Tax Law, for taxable years beginning on or after January 1, 2015, and before January 1, 2030, allows, with regard to the manufacture of a new advanced strategic aircraft for the United States Air Force, a credit against the taxes imposed under that law in an amount equal to 1712% of qualified wages, as defined, paid or incurred with respect to qualified full-time employees, as multiplied by an annual full-time equivalent ratio, by the qualified taxpayer, defined as a taxpayer that is a major first-tier subcontractor with regard to the manufacture of that aircraft. This bill would define a qualified taxpayer to also include a prime contractor awarded a prime contract to manufacture a new advanced strategic aircraft for the United States Air Force. The bill would limit this credit by providing that the aggregate number of total annual full-time equivalents, as defined, of all qualified taxpayers may not exceed 1,100. This bill would declare that it is to take effect immediately as an urgency statute.
Bill Text
- Chaptered 08/15/14 - Chaptered Current pdf August 15, 2014
- Enrolled 08/13/14 - Enrolled pdf August 13, 2014
- Amended 08/07/14 - Amended Assembly pdf August 07, 2014
- Amended 09/03/13 - Amended Assembly pdf September 03, 2013
- Amended 06/20/13 - Amended Assembly pdf June 20, 2013
- Amended 05/15/13 - Amended Senate pdf May 15, 2013
- Amended 04/04/13 - Amended Senate pdf April 04, 2013
- Introduced 02/22/13 - Introduced pdf February 22, 2013
- SB718 View text html
Action History
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Chaptered by Secretary of State. Chapter 189, Statutes of 2014.
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Approved by the Governor.
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Enrolled and presented to the Governor at 6 p.m.
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Assembly amendments concurred in. (Ayes 32. Noes 4. Page 4475.) Ordered to engrossing and enrolling.
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Urgency clause adopted.
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From committee: That the Assembly amendments be concurred in. (Ayes 7. Noes 0. Page 4444.)
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Set for hearing August 12.
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From committee: Be re-referred to Com. on GOV. & F. pursuant to Senate Rule 29.10. (Ayes 5. Noes 0. Page 4397.) Re-referred to Com. on GOV. & F.
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Re-referred to Com. on RLS. pursuant to Senate Rule 29.10.
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In Senate. Concurrence in Assembly amendments pending.
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Read third time. Urgency clause adopted. Passed. (Ayes 75. Noes 0. Page 5943.) Ordered to the Senate.
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Assembly Rule 63 suspended. (Page 5934.)
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Ordered to third reading.
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From committee: Do pass. (Ayes 7. Noes 0.) (August 11).
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Set, first hearing. Referred to REV. & TAX. suspense file.
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Joint Rule 62(a) file notice suspended. (Page 5915.)
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Re-referred to Com. on REV. & TAX. pursuant to Assembly Rule 77.2.
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Ordered to third reading.
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Read third time and amended. (Page 5914.)
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Ordered to third reading.
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From inactive file.
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Notice of intention to remove from inactive file given by Assembly Member V. Manuel Pérez.
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Ordered to inactive file on request of Assembly Member V. Manuel Pérez.
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Read second time. Ordered to third reading.
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Read second time and amended. Ordered to second reading.
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From committee: Do pass as amended. (Ayes 12. Noes 5.) (August 30).
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Set, first hearing. Referred to APPR. suspense file.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 6.) (June 18).
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Referred to Com. on HEALTH.
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In Assembly. Read first time. Held at Desk.
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Read third time. Passed. (Ayes 21. Noes 13. Page 974.) Ordered to the Assembly.
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Read second time and amended. Ordered to third reading.
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From committee: Do pass as amended. (Ayes 5. Noes 0. Page 936.) (May 13).
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Set for hearing May 13.
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Set, first hearing. Hearing canceled at the request of author.
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Set for hearing May 6.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 3. Noes 1. Page 664.) (April 24). Re-referred to Com. on APPR.
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Set for hearing April 24.
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From committee: Do pass and re-refer to Com. on L. & I.R. (Ayes 5. Noes 2. Page 618.) (April 17). Re-referred to Com. on L. & I.R.
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Set for hearing April 17.
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on HEALTH.
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Hearing postponed by committee.
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Set for hearing April 10.
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Referred to Coms. on HEALTH and L. & I.R.
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Read first time.
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From printer. May be acted upon on or after March 26.
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Introduced. To Com. on RLS. for assignment. To print.
Sponsors
- Achadjian · Cosponsor
- Alejo · Cosponsor
- Anderson · Cosponsor
- Block · Cosponsor
- Bloom · Cosponsor
- Salas · Cosponsor
- Atkins · Cosponsor
- Bocanegra · Cosponsor
- Ian Calderon · Cosponsor
- Gray · Cosponsor
- Bradford · Cosponsor
- Cannella · Cosponsor
- Chau · Cosponsor
- Roger Hernández · Cosponsor
- Cooley · Cosponsor
- Dickinson · Cosponsor
- Fox · Cosponsor
- Fuller · Cosponsor
- Gorell · Cosponsor
- Shannon Grove · Cosponsor
- Hall · Cosponsor
- Harkey · Cosponsor
- Hill · Cosponsor
- Huff · Cosponsor
- Holden · Cosponsor
- Knight · Cosponsor
- Linder · Cosponsor
- Maienschein · Cosponsor
- Morrell · Cosponsor
- Medina · Cosponsor
- Al Muratsuchi · Cosponsor
- Nielsen · Cosponsor
- Nazarian · Cosponsor
- Nestande · Cosponsor
- Olsen · Cosponsor
- Pan · Cosponsor
- Sharon Quirk-Silva · Cosponsor
- Roth · Primary
- Waldron · Cosponsor
- Walters · Cosponsor
- Vidak · Cosponsor
- Wilk · Cosponsor
- Wyland · Cosponsor
- Stephen C. Padilla · Cosponsor
- Sasha Renée Pérez · Cosponsor
- Beth Gaines · Cosponsor
- Bill Berryhill · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 46 co-sponsors · 75 not signed on
Sponsors (1)
- Roth
Co-sponsors (46)
- Achadjian
- Alejo
- Anderson
- Block
- Bloom
- Salas
- Atkins
- Bocanegra
- Ian Calderon
- Gray
- Bradford
- Cannella
- Chau
- Roger Hernández
- Cooley
- Dickinson
- Fox
- Fuller
- Gorell
- Grove, Shannon Republican
- Hall
- Harkey
- Hill
- Huff
- Holden
- Knight
- Linder
- Maienschein
- Morrell
- Medina
- Muratsuchi, Al Democratic
- Nielsen
- Nazarian
- Nestande
- Olsen
- Pan
- Quirk-Silva, Sharon Democratic
- Waldron
- Walters
- Vidak
- Wilk
- Wyland
- Padilla, Stephen C. Democratic
- Pérez, Sasha Renée Democratic
- Beth Gaines Voted No
- Bill Berryhill Voted No
Not signed on (75)
75 members have not signed on to this bill.
Show all 75 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 31 | 4 | 0 | 2 |
| Democratic | 1 | 0 | 0 | 2 |
| Total | 32 | 4 | 0 | 4 |
| % of votes cast | 80% | 10% | 0% | 10% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Yea |
| Block | — | Yea |
| Hernandez | — | Yea |
| Huff | — | Yea |
| Knight | — | Yea |
| Liu | — | Yea |
| Pavley | — | Yea |
| Steinberg | — | Yea |
| Evans | — | Nay |
| DeSaulnier | — | Yea |
| Correa | — | Yea |
| Galgiani | — | Yea |
| Beall | — | Yea |
| Wright | — | Not Voting |
| Mitchell | — | Yea |
| Wyland | — | Yea |
| De León | — | Yea |
| Fuller | — | Yea |
| Hancock | — | Nay |
| Hill | — | Yea |
| Hueso | — | Yea |
| Lara | — | Yea |
| Cannella | — | Yea |
| Corbett | — | Yea |
| Leno | — | Nay |
| Lieu | — | Yea |
| Monning | — | Nay |
| Morrell | — | Yea |
| Nielsen | — | Yea |
| Roth | — | Yea |
| Torres | — | Yea |
| Vidak | — | Yea |
| Walters | — | Yea |
| Wolk | — | Yea |
| Yee | — | Not Voting |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Calderon, Lisa | Democratic | Not Voting |
| Jackson, Corey A. | Democratic | Not Voting |
| Padilla, Stephen C. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Wolk | — | Yea |
| Hernandez | — | Yea |
| Knight | — | Yea |
| Liu | — | Yea |
| Beall | — | Yea |
| DeSaulnier | — | Yea |
| Walters | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 2 |
| Total | 7 | 0 | 0 | 2 |
| % of votes cast | 78% | 0% | 0% | 22% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Ting | — | Not Voting |
| Harkey | — | Yea |
| Bocanegra | — | Yea |
| Mullin | — | Yea |
| Nestande | — | Yea |
| Pan | — | Yea |
| Gordon | — | Yea |
| Beth Gaines | — | Yea |
| V. Manuel Pérez | — | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 68 | 0 | 0 | 4 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 75 | 0 | 0 | 4 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (79)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Ammiano | — | Yea |
| Bigelow | — | Yea |
| Bradford | — | Yea |
| Brown | — | Yea |
| Buchanan | — | Yea |
| Harkey | — | Yea |
| Levine | — | Yea |
| Linder | — | Yea |
| Maienschein | — | Yea |
| Mansoor | — | Yea |
| Mullin | — | Yea |
| Rodriguez | — | Yea |
| Wilk | — | Yea |
| Gorell | — | Yea |
| Dababneh | — | Yea |
| Daly | — | Yea |
| Hagman | — | Yea |
| Allen | — | Yea |
| Lowenthal | — | Yea |
| Garcia | — | Yea |
| Logue | — | Yea |
| Gray | — | Yea |
| Atkins | — | Yea |
| Ridley-Thomas | — | Yea |
| Waldron | — | Yea |
| Fong | — | Yea |
| Campos | — | Yea |
| Cooley | — | Yea |
| Bonilla | — | Yea |
| Frazier | — | Yea |
| Gomez | — | Yea |
| Bocanegra | — | Yea |
| Hall | — | Yea |
| Bloom | — | Yea |
| Dickinson | — | Yea |
| Holden | — | Yea |
| Jones-Sawyer | — | Yea |
| Medina | — | Yea |
| Melendez | — | Yea |
| Nazarian | — | Yea |
| Olsen | — | Yea |
| Pan | — | Yea |
| Perea | — | Yea |
| Quirk | — | Yea |
| Weber | — | Yea |
| Wieckowski | — | Yea |
| Williams | — | Yea |
| John A. Pérez | — | Yea |
| Salas | — | Yea |
| Chau | — | Yea |
| Nestande | — | Yea |
| Chesbro | — | Not Voting |
| Chávez | — | Yea |
| Conway | — | Yea |
| Rendon | — | Yea |
| Donnelly | — | Yea |
| Eggman | — | Not Voting |
| Skinner | — | Not Voting |
| Ting | — | Yea |
| Wagner | — | Yea |
| Fox | — | Yea |
| Gatto | — | Yea |
| Yamada | — | Not Voting |
| Gordon | — | Yea |
| Beth Gaines | — | Yea |
| Jim Patterson | — | Yea |
| Lorena Gonzalez | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 11 | 5 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 12 | 5 | 0 | 0 |
| % of votes cast | 71% | 29% | 0% | 0% |
How each member voted (17)
| Member | Party | Vote |
|---|---|---|
| Bigelow | — | Nay |
| Bradford | — | Yea |
| Holden | — | Yea |
| Linder | — | Nay |
| Quirk | — | Yea |
| Campos | — | Yea |
| Bocanegra | — | Yea |
| Gomez | — | Yea |
| Hall | — | Yea |
| Harkey | — | Nay |
| Donnelly | — | Nay |
| Eggman | — | Yea |
| Pan | — | Yea |
| Wagner | — | Nay |
| Weber | — | Yea |
| Gatto | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 12 | 6 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 13 | 6 | 0 | 0 |
| % of votes cast | 68% | 32% | 0% | 0% |
How each member voted (19)
| Member | Party | Vote |
|---|---|---|
| Ammiano | — | Yea |
| Logue | — | Nay |
| Maienschein | — | Nay |
| Mansoor | — | Nay |
| Wagner | — | Nay |
| Gomez | — | Yea |
| Mitchell | — | Yea |
| Lowenthal | — | Yea |
| Atkins | — | Yea |
| Chesbro | — | Yea |
| Nazarian | — | Yea |
| Nestande | — | Nay |
| Pan | — | Yea |
| Rendon | — | Yea |
| Wieckowski | — | Yea |
| Wilk | — | Nay |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 19 | 13 | 0 | 4 |
| Democratic | 2 | 0 | 0 | 1 |
| Total | 21 | 13 | 0 | 5 |
| % of votes cast | 54% | 33% | 0% | 13% |
How each member voted (39)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Nay |
| Hernandez | — | Yea |
| Huff | — | Nay |
| Knight | — | Nay |
| Lara | — | Not Voting |
| Monning | — | Yea |
| Nielsen | — | Nay |
| Walters | — | Nay |
| Wright | — | Nay |
| Cannella | — | Nay |
| De León | — | Yea |
| Fuller | — | Nay |
| Galgiani | — | Yea |
| Hancock | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Hill | — | Yea |
| Hueso | — | Yea |
| Leno | — | Yea |
| Lieu | — | Yea |
| Liu | — | Yea |
| Pavley | — | Yea |
| Price | — | Not Voting |
| Roth | — | Nay |
| Steinberg | — | Yea |
| Torres | — | Yea |
| Wolk | — | Not Voting |
| Corbett | — | Yea |
| Emmerson | — | Nay |
| Correa | — | Not Voting |
| Evans | — | Yea |
| Wyland | — | Nay |
| DeSaulnier | — | Yea |
| Yee | — | Yea |
| Beth Gaines | — | Nay |
| Bill Berryhill | — | Nay |
| Calderon, Lisa | Democratic | Not Voting |
| Jackson, Corey A. | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 1 | 0 | 0 | 0 |
| Unaffiliated | 4 | 0 | 0 | 2 |
| Total | 5 | 0 | 0 | 2 |
| % of votes cast | 71% | 0% | 0% | 29% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Walters | — | Not Voting |
| Hill | — | Yea |
| De León | — | Yea |
| Lara | — | Yea |
| Steinberg | — | Yea |
| Beth Gaines | — | Not Voting |
| Padilla, Stephen C. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 0 | 0 | 0 | 1 |
| Unaffiliated | 3 | 1 | 0 | 0 |
| Total | 3 | 1 | 0 | 1 |
| % of votes cast | 60% | 20% | 0% | 20% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Wyland | — | Nay |
| Leno | — | Yea |
| Lieu | — | Yea |
| Yee | — | Yea |
| Padilla, Stephen C. | Democratic | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 2 | 0 | 2 |
| Total | 5 | 2 | 0 | 2 |
| % of votes cast | 56% | 22% | 0% | 22% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Nay |
| DeSaulnier | — | Yea |
| De León | — | Yea |
| Hernandez | — | Yea |
| Beall | — | Yea |
| Monning | — | Yea |
| Nielsen | — | Nay |
| Pavley | — | Not Voting |
| Wolk | — | Not Voting |
Subjects
Frequently asked questions
- What does SB 718 do?
- (1) Existing law, until July 1, 2015, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount, as defined, that does not exceed the amount of property tax derived from that portion of the assessed value of a qualified manufacturing facility that exceeds $25,000,000, to a proponent of a qualified manufacturing facility. Existing law defines a "proponent" as a party and requires a party to meet certain requirements, including that the party will be the fee owner of the qualified manufacturing facility upon the completion of that facility, as provided. This bill would, until July 1, 2015, additionally authorize the party to be the lessee or the occupant under a government-owned contractor-operator enhanced use lease agreement of the qualified manufacturing facility upon the completion of that facility. (2) Existing law, the Corporation Tax Law, for taxable years beginning on or after January 1, 2015, and before January 1, 2030, allows, with regard to the manufacture of a new advanced strategic aircraft for the United States Air Force, a credit against the taxes imposed under that law in an amount equal to 1712% of qualified wages, as defined, paid or incurred with respect to qualified full-time employees, as multiplied by an annual full-time equivalent ratio, by the qualified taxpayer, defined as a taxpayer that is a major first-tier subcontractor with regard to the manufacture of that aircraft. This bill would define a qualified taxpayer to also include a prime contractor awarded a prime contract to manufacture a new advanced strategic aircraft for the United States Air Force. The bill would limit this credit by providing that the aggregate number of total annual full-time equivalents, as defined, of all qualified taxpayers may not exceed 1,100. This bill would declare that it is to take effect immediately as an urgency statute.
- Who sponsors SB 718?
- SB 718 is sponsored by Achadjian, Alejo, Anderson, Block, Bloom, Salas, Atkins, Bocanegra, Ian Calderon, Gray, Bradford, Cannella, Chau, Roger Hernández, Cooley, Dickinson, Fox, Fuller, Gorell, Grove, Shannon (Republican), Hall, Harkey, Hill, Huff, Holden, Knight, Linder, Maienschein, Morrell, Medina, Muratsuchi, Al (Democratic), Nielsen, Nazarian, Nestande, Olsen, Pan, Quirk-Silva, Sharon (Democratic), Roth, Waldron, Walters, Vidak, Wilk, Wyland, Padilla, Stephen C. (Democratic), Pérez, Sasha Renée (Democratic), Beth Gaines, and Bill Berryhill.
- What is the current status of SB 718?
- This bill has been enacted into law. Introduced February 22, 2013. Enacted.
- Where can I track SB 718?
- Track SB 718 free on One Click Politics — get push/email alerts when it moves.
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