AB 1399, as introduced, Baker. Corporation tax law: credits: domestic violence shelters.
The Corporation Tax Law allows various credits against the tax imposed by that law. Under existing law, the Office of Emergency Services is responsible for administering the Comprehensive Statewide Domestic Violence Program, which distributes grant awards to domestic violence shelter service providers and provides financial and technical assistance to local domestic violence centers in implementing specified services and requires priority for this assistance to be given to, among others, emergency shelters.
This bill would, for taxable years beginning on or after January 1, 2016, and before January 1, 2021, allow a credit against the tax imposed under that law for 50% of monetary contributions to a domestic violence shelter service provider or emergency shelter, as defined, eligible to receive a grant award or financial and technical assistance pursuant to that program. The bill would provide that the credit would not exceed $200,000 per taxpayer, that the credit would be awarded on a first-come-first-serve basis, and that the credit would have an aggregate cap of $50,000,000 for each calender year. The bill would require the Franchise Tax Board and the Office of Emergency Services to administer the credit, as specified.
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 23692 is added to the Revenue and
2Taxation Code, to read:
(a) For each taxable year beginning on or after January
41, 2016, and before January 1, 2021, there shall be allowed as a
5credit against the “tax,” as defined in Section 23036, an amount
6equal to 50 percent of a monetary contribution made by a taxpayer
7to a domestic violence shelter service provider or emergency
8shelter.
9(b) For the purposes of this section, the following definitions
10shall apply:
11(1) “Domestic violence shelter service provider” shall have the
12same meaning as in Section 13823.15 of the Penal Code and
13eligible to receive a grant award pursuant to the program.
14(2) “Emergency shelter” shall have the same
meaning as in
15Section 13823.15 of the Penal Code and eligible for financial or
16technical assistance pursuant to the program.
17(3) “Program” means the Comprehensive Statewide Domestic
18Violence Program described in Section 13823.15 of the Penal
19Code.
20(c) The amount of the credit shall not exceed two hundred
21thousand dollars ($200,000) per taxpayer, per taxable year.
22(d) Upon application by the taxpayer to the Franchise Tax Board,
23the Franchise Tax Board shall certify a contribution meeting the
24requirements of this section pursuant to paragraph (1) of
25subdivision (i).
26(e) In the case where the credit allowed by this section exceeds
27the “tax,” the excess may be carried over to reduce the “tax” in
28the following year, and succeeding five years, if necessary,
until
29the credit is exhausted.
30(f) This credit shall be in lieu of any other credit or deduction
31that the taxpayer may otherwise claim pursuant to this part with
32respect to a contribution described in subdivision (a).
33(g) This credit shall be claimed on a timely filed original return.
P3 1(h) (1) The aggregate amount of credits allowed under this
2section shall not exceed fifty million dollars ($50,000,000) for
3each calendar year.
4(2) The allocation of credits shall be on a first-come-first-served
5basis.
6(i) The Franchise Tax Board and the Office of Emergency
7
Services shall administer this credit.
8(1) The Franchise Tax Board shall perform all of the following:
9(A) Adopt rules and regulations as necessary or appropriate to
10implement this credit.
11(B) Establish application forms and procedures.
12(C) Track credits claimed.
13(D) Post aggregate totals of the credits claimed on the Internet
14Web site of the Franchise Tax Board.
15(E) Determine when the aggregate total of credits reaches fifty
16million dollars
($50,000,000) for a calendar year.
17(F) Based on the list provided by the Office of Emergency
18Services pursuant to paragraph (2), certify that a contribution meets
19the requirements of this section.
20(2) The Office of Emergency Services shall annually submit to
21the Franchise Tax Board a list of those domestic violence shelter
22service providers and emergency shelters eligible for a grant award
23or technical and financial assistance pursuant to the Comprehensive
24Statewide Domestic Violence Program described in Section
2513823.15 of the Penal Code.
26(j) The Administrative Procedure Act (Chapter 3.5 (commencing
27with Section 11340) of Part 1 of Division 3 of Title 2 of the
28Government Code) shall not apply to the rules or regulations
29adopted
pursuant to this section.
30(k) This section shall remain in effect only until December 1,
312021, and as of that date is repealed.
It is the intent of the Legislature to make the findings
33required by Section 41 of the Revenue and Taxation Code.
This act provides for a tax levy within the meaning of
35Article IV of the Constitution and shall go into immediate effect.
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