California 2009-2010, 6th Special Session Status: Introduced

AB 4 — Income taxation: exclusion: grants for specified energy property.

Last action — Died at Desk.

  1. 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 2009-2010, 6th Special Session. It reached “Introduced” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 provide various exclusions from gross income that is subject to tax imposed by those laws. This bill would provide under those laws that gross income does not include any grant to the taxpayer who places in service specified energy property in accordance with the federal American Recovery and Reinvestment Act of 2009, but would require that the amount of any grant be used to adjust the basis of the property in accordance with specified requirements. This bill would make a legislative finding and declaration as to the public purpose served by the bill. This bill would take effect immediately as a tax levy.

Bill Text

What changed in the latest version

1 added · 1 removed

1 line(s) added, 1 removed.

→
Previous
Latest
Bill Number Bill Keyword Home Bill Information California Law Publications Other Resources My Subscriptions My Favorites Bill Information >> Bill Search >> Text Bill TextBill Information PDF2 Add To My Favorites | Version:
Bill Number Bill Keyword Home Bill Information California Law Publications Other Resources My Subscriptions My Favorites Bill Information >> Bill Search >> Text Bill Text PDF2 Add To My Favorites | Version:
⬇ Download PDF
View plain text versions (2)

Action History

  1. Died at Desk.

  2. From printer.

  3. Read first time. To print.

Sponsors

  • V. Manuel Perez · Primary

Sponsorship breakdown

Export CSV (upgrade) →

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

Sponsors (1)

  • V. Manuel Perez

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 energy
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 4 do?
The Personal Income Tax Law and the Corporation Tax Law provide various exclusions from gross income that is subject to tax imposed by those laws. This bill would provide under those laws that gross income does not include any grant to the taxpayer who places in service specified energy property in accordance with the federal American Recovery and Reinvestment Act of 2009, but would require that the amount of any grant be used to adjust the basis of the property in accordance with specified requirements. This bill would make a legislative finding and declaration as to the public purpose served by the bill. This bill would take effect immediately as a tax levy.
Who sponsors AB 4?
AB 4 is sponsored by V. Manuel Perez.
What is the current status of AB 4?
This bill died with 2009-2010, 6th Special Session. It reached “Introduced” 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 4?
Track AB 4 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on AB 4

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 4

Last checked for changes 3 months ago · updated continuously

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

Track this bill →