SB 7 — Income taxes: hiring credit: veterans.
Last action — From committee without further action.
-
✓Introduced
-
2In Committee
-
3Passed Senate
-
4Passed Assembly
-
5To Executive
-
6Enacted
This bill died with 2009-2010, 6th Special 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 and the Corporation Tax Law authorize various credits against the taxes imposed by those laws, including a credit for an increase in qualified employees of a qualified employer. This bill would, under both laws, for taxable years beginning on and after January 1, 2010, allow a credit to a qualified taxpayer, as defined, in an amount equal to 25% of the wages, not to exceed $6,000, paid to each qualified veteran, as defined, by the qualified taxpayer during the taxable year. This bill would take effect immediately as a tax levy.
Bill Text
- Amended 05/03/10 - Amended Senate Current pdf May 03, 2010
- Introduced 02/24/10 - Introduced pdf February 24, 2010
- SB7 View text html
Action History
-
From committee without further action.
-
Placed on REV. & TAX. suspense file.
-
Set for hearing May 12.
-
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.
-
Re-referred to Com. on REV. & TAX.
-
Introduced. Read first time. To Com. on RLS.
Sponsors
- Wyland · Cosponsor
- Dutton · Cosponsor
- Denham · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 2 co-sponsors · 119 not signed on
Sponsors (1)
- Denham
Co-sponsors (2)
- Wyland
- Dutton
Not signed on (119)
119 members have not signed on to this bill.
Show all 119 →"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.
Subjects
Frequently asked questions
- What does SB 7 do?
- The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws, including a credit for an increase in qualified employees of a qualified employer. This bill would, under both laws, for taxable years beginning on and after January 1, 2010, allow a credit to a qualified taxpayer, as defined, in an amount equal to 25% of the wages, not to exceed $6,000, paid to each qualified veteran, as defined, by the qualified taxpayer during the taxable year. This bill would take effect immediately as a tax levy.
- Who sponsors SB 7?
- SB 7 is sponsored by Wyland, Dutton, and Denham.
- What is the current status of SB 7?
- This bill died with 2009-2010, 6th Special 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 7?
- Track SB 7 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on SB 7
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 7
Last checked for changes 2 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →