2009-2010 session

SB 1272 ( Wolk )

Income and corporation taxes: credits: information and operative limitations.

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Status:
Enrolled Aug. 30, 2010
In Floor Process  
Scheduled hearings:
None
Latest bill language

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Vote required
Appropriations
Local program
Urgency
Tax levy
Majority
No
No
No
No

Bill history [ Beta! ]

Location: Sen Sen. Floor Analyses
Oct. 5, 2010
Sept. 24, 2010
In Senate. To unfinished business. (Veto)
Sept. 23, 2010
Vetoed by Governor.
Sept. 3, 2010
Enrolled. To Governor at 3 p.m.
Aug. 30, 2010
 Version: Enrolled
Aug. 25, 2010
 Vote: Senate Floor
Ayes: 22
Noes: 12
Abstain: 5
Aug. 25, 2010
Senate concurs in Assembly amendments. (Ayes 22. Noes 12. Page 4900.) To enrollment.
Aug. 24, 2010
In Senate. To unfinished business.
Aug. 23, 2010
 Vote: Assembly Floor
Ayes: 47
Noes: 27
Abstain: 4
Aug. 23, 2010
Read third time. Passed. (Ayes 47. Noes 27. Page 6535.) To Senate.
Aug. 17, 2010
Read second time. To third reading.
Aug. 16, 2010
Read second time. Amended. To second reading.
 Version: Amended Assembly
Aug. 13, 2010
(Heard in committee August 12.)
Aug. 12, 2010
 Vote: Asm Appropriations
Ayes: 12
Noes: 5
Abstain: 0
Aug. 5, 2010
Set, first hearing. Referred to APPR. suspense file.
Aug. 3, 2010
Aug. 2, 2010
Joint Rule 62(a) file notice suspended. (Page 5989.)
 Version: Amended Assembly
July 1, 2010
(Heard in committee on June 28.)
June 28, 2010
 Vote: Asm Revenue and Taxation
Ayes: 6
Noes: 3
Abstain: 0
June 25, 2010
June 10, 2010
To Com. on REV. & TAX.
June 3, 2010
 Vote: Senate Floor
Ayes: 21
Noes: 15
Abstain: 2
June 3, 2010
Read third time. Passed. (Ayes 21. Noes 15. Page 3786.) To Assembly.
June 2, 2010
 Vote: Senate Floor
Ayes: 35
Noes: 0
Abstain: 3
June 2, 2010
 Vote: Senate Floor
Ayes: 20
Noes: 16
Abstain: 2
June 2, 2010
(Ayes 35. Noes 0. Page 3744.)
May 5, 2010
Read second time. To third reading.
May 4, 2010
From committee: Do pass. (Ayes 6. Noes 3. Page 3428.)
May 3, 2010
 Vote: Sen Appropriations
Ayes: 6
Noes: 3
Abstain: 2
April 23, 2010
Set for hearing May 3.
April 21, 2010
Read second time. Amended. Re-referred to Com. on APPR.
 Version: Amended Senate
April 20, 2010
From committee: Do pass as amended, but first amend, and re-refer to Com. on APPR. (Ayes 3. Noes 2. Page 3186.)
April 14, 2010
 Vote: Sen Revenue and Taxation
Ayes: 3
Noes: 2
Abstain: 0
April 9, 2010
Set for hearing April 14.
April 8, 2010
Re-referred to Com. on REV. & TAX.
April 5, 2010
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on RLS.
 Version: Amended Senate
March 4, 2010
To Com. on RLS.
Feb. 21, 2010
From print. May be acted upon on or after March 23.
Feb. 19, 2010
Introduced. Read first time. To Com. on RLS. for assignment. To print.
 Version: Introduced
Headlines 1 - 8 (of 8):

NEW: Bill Would Slash Tax Credits for Business
CalWatchdog, Aug. 31, 2011
... en to 10 years, but still opposed the bill. The bill's analysis stated that SB 508 is identical to SB 1272, also by Wolk, in the 2009-10 Session, which Gov. Arnold Schwarzenegger vetoed, stating: "I am returning Senate Bill 1272 without my signature. While the sponsors seem intent ...

NEW: Top 20 Worst Bills To Veto
CalWatchdog, Sept. 16, 2010
... tions, despite the fact that these cost businesses much higher transaction fees than credit cards. SB 1272 (Wolk) – Creates a seven-year sunset for all future tax incentives for employers in California, as well as various other onerous requirements, leading to more uncer ...

3 bills on tax loopholes survive legislative votes
Sacramento Bee, Aug. 26, 2010
3 bills on tax loopholes survive legislative votes - Sacramento Politics - California Politics | Sacramento Bee var insitecookie = 'sacbee_user_auth' var mi = { "media_domain" : "http: } var thisArticleId = "2984735"; var thisArticleUrl = "/2010/08/26/2984735/three-bills-attacking-state-tax.html"; var thisArticleTitle = "3 bills on tax loopholes survive legislative votes"; var ...

Capitol Digest: Three bills attacking state tax loopholes are headed to Schwarzenegger's desk
Sacramento Bee, Aug. 26, 2010
Capitol Digest: Three bills attacking state tax loopholes are headed to Schwarzenegger's desk - Sacramento Politics - California Politics | Sacramento Bee var insitecookie = 'sacbee_user_auth' var mi = { "media_domain" : "http: } var thisArticleId = "2983635"; var thisArticleUrl = "/2010/08/26/2983635/three-bills-attacking-state-tax.html"; var thisArticleTitle = "Capitol Digest: Three ...

Three anti-tax loophole bills gain legislative approval
Sacramento Bee - Capitol Alert, Aug. 25, 2010
August 25, 2010 Three anti-tax loophole bills gain legislative approval Three bills that obliquely attack state tax loopholes survived legislative votes Wednesday and are headed to uncertain fates on Gov. Arnold Schwarzenegger's desk. The three, while not a formal package, reflect pressures by unions and other liberal groups for closing loopholes, especially in corporate taxes, to raise state ...

Viewpoints: Shine light on corporate tax breaks
Sacramento Bee - Opinion, Aug. 21, 2010
Viewpoints: Shine light on corporate tax breaks - Sacramento Opinion - Sacramento Editorial | Sacramento Bee var insitecookie = 'sacbee_user_auth' var mi = { "media_domain" : "http: } var thisArticleId = "2972952"; var thisArticleUrl = "/2010/08/21/2972952/shine-light-on-corporate-tax-breaks.html"; var thisArticleTitle = "Viewpoints: Shine light on corporate tax breaks"; var ...

Wolk's water bills take another step forward
The Reporter (Vacaville), Aug. 13, 2010
... over-all stability of the Delta system, Wolk said.Other Wolk measures bound for the Assembly floor: SB 1272, which strengthens accountability for future state tax credits; and SB 1214, a measure to allow the continuing operation of crisis nurseries, which provide temporary emergen ...

Sen. Wolk's tax reform measure approved by Assembly committee
The Reporter (Vacaville), July 1, 2010
... lk, who chairs the Senate's Revenue and Taxation Committee, told her Assembly counterparts that her SB 1272 will help bring needed accountability to the state's tax expenditure programs."Without a two-thirds vote, we cannot change existing tax credits. What we can do is review new ...

- // STRIPE FORM