AB 437 — Research and Development: Small Business Grant Program.
Last action — Consideration of Governor's veto stricken from file.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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5To Executive
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6Enacted
This bill died with 2015-2016 Regular Session. It reached “To Executive” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 provides for several programs supporting small businesses, including the Office of Small Business Advocate, the duties of director of which include, among other things, representing the views and interests of small businesses before other state agencies whose policies and activities may affect small businesses. The Personal Income Tax Law imposes taxes on taxable income at specified rates based upon the amount of taxable income. The Corporation Tax Law imposes taxes upon, according to, or measured by, net income, as specified. The Personal Income Tax Law and the Corporation Tax Law, in modified conformity to a credit allowed under federal law, allow a credit against taxes imposed by those laws for increasing research expenses, as defined. Existing law allows a taxpayer to carryover any excess amounts of that credit to succeeding taxable years, until the credit is exhausted. This bill would, beginning January 1, 2017, and ending January 1, 2024, establish the Research and Development-Small Business Grant Program, which would provide qualified small businesses, as defined, grants in amounts equal to either 10% or 15% of any excess credit amount attributable to the small business for specified years under the credit described above. This bill would continuously appropriate moneys from the General Fund to award these grants, in specified amounts per calendar year, to be allocated by the Franchise Tax Board. This bill would specify that any grant money received by a qualified small business would be excluded from its income and would provide that any excess credit amount attributable to the qualified small business would be reduced by the amount allowed as a grant.
Bill Text
- Enrolled 09/04/15 - Enrolled Current pdf September 04, 2015
- Amended 08/31/15 - Amended Senate pdf August 31, 2015
- Amended 07/13/15 - Amended Senate pdf July 13, 2015
- Amended 05/28/15 - Amended Assembly pdf May 28, 2015
- Amended 05/05/15 - Amended Assembly pdf May 05, 2015
- Amended 04/13/15 - Amended Assembly pdf April 13, 2015
- Introduced 02/19/15 - Introduced pdf February 19, 2015
- AB437 View text html
Action History
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Consideration of Governor's veto stricken from file.
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Vetoed by Governor.
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Enrolled and presented to the Governor at 4 p.m.
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Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 2801.).
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Assembly Rule 77 suspended. (Page 2795.)
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In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 3 pursuant to Assembly Rule 77.
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Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 0. Page 2349.).
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Read second time and amended. Ordered to third reading.
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From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 27).
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In committee: 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: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (July 8).
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Referred to Com. on GOV. & F.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 1777.)
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Read second time. Ordered to third reading.
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Read second time and amended. Ordered returned to second reading.
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From committee: Amend, and do pass as amended. (Ayes 17. Noes 0.) (May 28).
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In committee: Set, first hearing. Referred to APPR. suspense file.
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Re-referred to Com. on APPR.
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Read second time and amended.
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From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 27).
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In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
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Re-referred to Com. on REV. & TAX.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
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Referred to Com. on REV. & TAX.
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From printer. May be heard in committee March 22.
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Read first time. To print.
Sponsors
- Atkins · Primary
- Mullin · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 120 not signed on
Sponsors (1)
- Atkins
Co-sponsors (1)
- Mullin
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 71 | 0 | 0 | 0 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 5 | 0 | 0 | 0 |
| Total | 80 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Baker | — | Yea |
| Bloom | — | Yea |
| Brough | — | Yea |
| Brown | — | Yea |
| Holden | — | Yea |
| Linder | — | Yea |
| Maienschein | — | Yea |
| Mathis | — | Yea |
| Nazarian | — | Yea |
| Rendon | — | Yea |
| Santiago | — | Yea |
| Ting | — | Yea |
| Wilk | — | Yea |
| Eggman | — | Yea |
| Cooley | — | Yea |
| Daly | — | Yea |
| Salas | — | Yea |
| Cooper | — | Yea |
| Mayes | — | Yea |
| Olsen | — | Yea |
| Weber | — | Yea |
| Frazier | — | Yea |
| Burke | — | Yea |
| Gatto | — | Yea |
| Gordon | — | Yea |
| Harper | — | Yea |
| Campos | — | Yea |
| Jones-Sawyer | — | Yea |
| Kim | — | Yea |
| Gray | — | Yea |
| Levine | — | Yea |
| Atkins | — | Yea |
| Chang | — | Yea |
| Bonilla | — | Yea |
| Low | — | Yea |
| Lopez | — | Yea |
| McCarty | — | Yea |
| Alejo | — | Yea |
| Bigelow | — | Yea |
| Chau | — | Yea |
| Chiu | — | Yea |
| Chu | — | Yea |
| Chávez | — | Yea |
| Dababneh | — | Yea |
| Dodd | — | Yea |
| Medina | — | Yea |
| Melendez | — | Yea |
| Mullin | — | Yea |
| O'Donnell | — | Yea |
| Obernolte | — | Yea |
| Perea | — | Yea |
| Quirk | — | Yea |
| Ridley-Thomas | — | Yea |
| Rodriguez | — | Yea |
| Steinorth | — | Yea |
| Thurmond | — | Yea |
| Wagner | — | Yea |
| Waldron | — | Yea |
| Williams | — | Yea |
| Wood | — | Yea |
| Gomez | — | Yea |
| Hadley | — | Yea |
| Beth Gaines | — | Yea |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Jim Patterson | — | Yea |
| Lorena Gonzalez | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| Travis Allen | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 29 | 0 | 0 | 8 |
| Democratic | 3 | 0 | 0 | 0 |
| Total | 32 | 0 | 0 | 8 |
| % of votes cast | 80% | 0% | 0% | 20% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Yea |
| Bates | — | Yea |
| Hertzberg | — | Yea |
| Lara | — | Yea |
| Leyva | — | Yea |
| Liu | — | Yea |
| Cannella | — | Yea |
| Allen | — | Yea |
| De León | — | Yea |
| Runner | — | Yea |
| Hall | — | Not Voting |
| Hancock | — | Yea |
| Mitchell | — | Not Voting |
| Hernandez | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Hill | — | Yea |
| Hueso | — | Yea |
| Huff | — | Yea |
| Leno | — | Yea |
| Mendoza | — | Yea |
| Monning | — | Not Voting |
| Moorlach | — | Not Voting |
| Morrell | — | Yea |
| Nielsen | — | Not Voting |
| Pan | — | Yea |
| Pavley | — | Not Voting |
| Roth | — | Yea |
| Vidak | — | Yea |
| Wieckowski | — | Yea |
| Wolk | — | Yea |
| Fuller | — | Yea |
| Galgiani | — | Not Voting |
| Glazer | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Not Voting |
| Mark Stone | — | Yea |
| Jackson, Corey A. | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Nguyen, Stephanie | 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 |
|---|---|---|
| Bates | — | Yea |
| Hill | — | Yea |
| Lara | — | Yea |
| Leyva | — | Yea |
| Mendoza | — | Yea |
| Beall | — | Yea |
| Nielsen | — | 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 |
|---|---|---|
| Bates | — | Yea |
| Lara | — | Yea |
| Mendoza | — | Yea |
| Beall | — | Yea |
| Hill | — | Yea |
| Leyva | — | Yea |
| Nielsen | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 1 | 0 | 0 | 0 |
| Unaffiliated | 5 | 0 | 0 | 1 |
| Total | 6 | 0 | 0 | 1 |
| % of votes cast | 86% | 0% | 0% | 14% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Hernandez | — | Yea |
| Hertzberg | — | Yea |
| Lara | — | Yea |
| Beall | — | Yea |
| Moorlach | — | Not Voting |
| Pavley | — | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 69 | 0 | 0 | 1 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 6 | 0 | 0 | 0 |
| Total | 79 | 0 | 0 | 1 |
| % of votes cast | 99% | 0% | 0% | 1% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Baker | — | Yea |
| Bloom | — | Yea |
| Brough | — | Yea |
| Brown | — | Yea |
| Jones-Sawyer | — | Yea |
| Levine | — | Yea |
| Maienschein | — | Yea |
| Mathis | — | Yea |
| O'Donnell | — | Yea |
| Perea | — | Yea |
| Ridley-Thomas | — | Yea |
| Steinorth | — | Yea |
| Wagner | — | Yea |
| Wilk | — | Yea |
| Eggman | — | Yea |
| Dababneh | — | Yea |
| Daly | — | Yea |
| Cooper | — | Yea |
| Salas | — | Yea |
| Mayes | — | Yea |
| Olsen | — | Yea |
| Frazier | — | Yea |
| Burke | — | Yea |
| Gomez | — | Yea |
| Harper | — | Yea |
| Campos | — | Yea |
| Holden | — | Yea |
| Kim | — | Yea |
| Gray | — | Yea |
| Linder | — | Yea |
| Atkins | — | Yea |
| Chang | — | Yea |
| Bonilla | — | Yea |
| Low | — | Yea |
| Lopez | — | Yea |
| McCarty | — | Yea |
| Medina | — | Yea |
| Alejo | — | Yea |
| Bigelow | — | Yea |
| Chau | — | Yea |
| Chiu | — | Yea |
| Chu | — | Yea |
| Chávez | — | Not Voting |
| Cooley | — | Yea |
| Dodd | — | Yea |
| Melendez | — | Yea |
| Mullin | — | Yea |
| Nazarian | — | Yea |
| Obernolte | — | Yea |
| Quirk | — | Yea |
| Rendon | — | Yea |
| Rodriguez | — | Yea |
| Santiago | — | Yea |
| Thurmond | — | Yea |
| Ting | — | Yea |
| Waldron | — | Yea |
| Weber | — | Yea |
| Williams | — | Yea |
| Wood | — | Yea |
| Gatto | — | Yea |
| Gonzalez | — | Yea |
| Gordon | — | Yea |
| Hadley | — | Yea |
| Beth Gaines | — | Yea |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| Travis Allen | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Patterson, Joe | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 2 | 0 | 0 | 0 |
| Unaffiliated | 13 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 17 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (17)
| Member | Party | Vote |
|---|---|---|
| Holden | — | Yea |
| Quirk | — | Yea |
| Wagner | — | Yea |
| Eggman | — | Yea |
| Chang | — | Yea |
| Gomez | — | Yea |
| Gordon | — | Yea |
| Bigelow | — | Yea |
| Daly | — | Yea |
| Rendon | — | Yea |
| Weber | — | Yea |
| Wood | — | Yea |
| Eduardo Garcia | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Gallagher, James | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 9 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Brough | — | Yea |
| Mullin | — | Yea |
| Wagner | — | Yea |
| Dababneh | — | Yea |
| Quirk | — | Yea |
| Ting | — | Yea |
| Roger Hernández | — | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Patterson, Joe | Republican | Yea |
Subjects
Frequently asked questions
- What does AB 437 do?
- Existing law provides for several programs supporting small businesses, including the Office of Small Business Advocate, the duties of director of which include, among other things, representing the views and interests of small businesses before other state agencies whose policies and activities may affect small businesses. The Personal Income Tax Law imposes taxes on taxable income at specified rates based upon the amount of taxable income. The Corporation Tax Law imposes taxes upon, according to, or measured by, net income, as specified. The Personal Income Tax Law and the Corporation Tax Law, in modified conformity to a credit allowed under federal law, allow a credit against taxes imposed by those laws for increasing research expenses, as defined. Existing law allows a taxpayer to carryover any excess amounts of that credit to succeeding taxable years, until the credit is exhausted. This bill would, beginning January 1, 2017, and ending January 1, 2024, establish the Research and Development-Small Business Grant Program, which would provide qualified small businesses, as defined, grants in amounts equal to either 10% or 15% of any excess credit amount attributable to the small business for specified years under the credit described above. This bill would continuously appropriate moneys from the General Fund to award these grants, in specified amounts per calendar year, to be allocated by the Franchise Tax Board. This bill would specify that any grant money received by a qualified small business would be excluded from its income and would provide that any excess credit amount attributable to the qualified small business would be reduced by the amount allowed as a grant.
- Who sponsors AB 437?
- AB 437 is sponsored by Atkins and Mullin.
- What is the current status of AB 437?
- This bill died with 2015-2016 Regular Session. It reached “To Executive” 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 437?
- Track AB 437 free on One Click Politics — get push/email alerts when it moves.
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