29th Legislature, 2018
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HB518       (?)

Report Title: Irrigation; Irrigation System Revolving Fund; Income Tax Credit
Description: Establishes an income tax credit for farmers who purchase water at higher rates from county water boards rather than at lower state irrigation system rates.  Establishes the amount of the credit as the difference between the amount charged by state irrigation systems and the amount the state irrigation systems should charge in order to sustain operations.  Deducts the cost of the tax credit from the irrigation system revolving fund.  Applies to taxable years beginning after 12/31/2017.
Package: None
Current Referral: AGR, FIN
Introducer(s): YAMASHITA, CREAGAN, TAKAYAMA, Choy, DeCoite, Gates, Ing, LoPresti

Sort by Date Status Text
1/20/2017HPending introduction.
1/23/2017HPass First Reading
1/25/2017HReferred to AGR, FIN, referral sheet 3
2/6/2017HBill scheduled to be heard by AGR on Wednesday, 02-08-17 8:30AM in House conference room 312.
2/8/2017HThe committee(s) on AGR recommend(s) that the measure be deferred.
11/30/2017DCarried over to 2018 Regular Session.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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