AB 428 (Nazarian)

Income taxes credit: seismic retrofits.

2015

Description:

Would allow, for taxable years beginning on or after January 1, 2016, and before January 1, 2021, a tax credit under both the Personal Income Tax Law and the Corporation Tax Law in an amount equal to 30% of the qualified costs paid or incurred by a qualified taxpayer for any seismic retrofit construction on a qualified building, as defined. This bill contains other related provisions.

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