Calif. Committee To Review Trio Of Tax Break Bills

Law360, San Diego (April 6, 2012, 6:37 PM EDT) -- A California panel will take a look at three bills on Monday that seek to give tax breaks to small companies and create more manufacturing and research and development jobs.

The Assembly Revenue and Taxation Committee will consider A.B. 1605, introduced on Feb. 7 by Assemblyman Martin Garrick, R-Carlsbad, that would reduce the minimum franchise tax for small businesses for the first year they are in operation from $800 to $99.

It will also review A.B. 1972, proposed on Feb. 23 by Assemblywoman Alyson Huber, D-El...
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