BILL NUMBER: AB 2519	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Patterson
   (Coauthors: Assembly Members Chávez and Harkey)
   (Coauthors: Senators Vidak and Wright)

                        FEBRUARY 21, 2014

   An act to add Section 17053.51 to the Revenue and Taxation Code,
relating to taxation, to take effect immediately, tax levy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2519, as introduced, Patterson. Personal income taxes: credit:
education expenses.
   The Personal Income Tax Law allows various credits against the
taxes imposed by that law.
   This bill would, for taxable years beginning on or after January
1, 2014, and before January 1, 2018, allow a credit in an amount
equal to 50% of the tuition paid or incurred during the taxable year
by a California resident taxpayer for education and training obtained
at a vocational institution, as defined.
   This bill would take effect immediately as a tax levy.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 17053.51 is added to the Revenue and Taxation
Code, to read:
   17053.51.  (a) For taxable years beginning on or after January 1,
2014, there shall be allowed as a credit against the "net tax," as
defined in Section 17039, an amount equal to 50 percent of the
tuition paid or incurred by a taxpayer during the taxable year for
education and training obtained at a vocational institution for job
training and career advancement studies.
   (b) For purposes of this section, "vocational institution" means
an institution of higher education in which students are taught
job-specific skills in a variety of fields, including, but not
limited to, the fields of pharmacy technician or automotive
technician.
   (c) In the case where the credit allowed by this section exceeds
the "net tax" the excess may be carried over to reduce the "net tax"
in the following year, and succeeding seven years if necessary, until
the credit is exhausted.
  SEC. 2.  This act provides for a tax levy within the meaning of
Article IV of the Constitution and shall go into immediate effect.