Transcription of ASSEMBLY BILL No. 35 - California
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ASSEMBLY BILL No. 35 - California
AMENDED IN ASSEMBLY MAY 20, 2015 AMENDED IN ASSEMBLY APRIL 16, 2015 AMENDED IN ASSEMBLY APRIL 6, 2015 AMENDED IN ASSEMBLY MARCH 2, 2015california legislature 2015 16 regular sessionASSEMBLY bill No. 35 Introduced by ASSEMBLY Members Chiu and Atkins(Principal coauthor: ASSEMBLY Member Wilk)(Coauthors: ASSEMBLY Members Chau and Steinorth)December 1, 2014An act to amend Sections 12206, 17058, and of the Revenueand Taxation Code, relating to taxation, to take effect immediately, counsel s digestAB 35, as amended, Chiu. Income taxes: credits: low-income housing: allocation law establishes a low-income housing tax credit programpursuant to which the California tax credit allocation Committeeprovides procedures and requirements for the allocation of stateinsurance, personal income, and corporation income tax credit amountsamong low-income housing projects based on federal law.
May 20, 2015 · line 4 (2) (A) The California Tax Credit Allocation Committee shall line 5 certify to the housing sponsor the amount of tax credit under this line 6 section allocated to the housing sponsor for each credit period.
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