BILL NUMBER: SB 693	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Correa

                        FEBRUARY 22, 2013

   An act relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 693, as introduced, Correa. Income taxes: credits: school
expenses.
   The Personal Income Tax Law and the Corporation Tax Law allow
various credits against the taxes imposed by those laws.
   This bill would state that it is the intent of the Legislature to
enact legislation that would allow credit and deduction for
education-related expenses for low-income parents and a refundable
credit for costs of instructional and classroom materials paid by
low-income teachers, as specified.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


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

  SECTION 1.  It is the intent of the Legislature to enact
legislation that would allow the following:
   (a) A personal income tax credit or deduction for low-income
parents for education-related expenses, including, but not limited
to, tuition, textbooks, uniforms, computer hardware and educational
software, tutors, transportation, and other nontuition educational
expenses, for dependent children in kindergarten and grades 1 to 12,
inclusive, attending private or public schools or homeschooling.
   (b) A refundable personal income tax credit for the costs of
instructional materials and classroom supplies paid by low-income
teachers of kindergarten and grades 1 to 12, inclusive, in public and
private schools.