SUPPORT
S.2287 (SENATOR SNOWE; R-ME) Increase and permanently extend the expensing of certain depreciable business assets for small businesses. Amends the Internal Revenue Code to: (1) increase the expensing allowance for depreciable business property from $100,000 to $200,000; (2) make such allowance permanent; (3) increase to $800,000 the asset cost threshold for calculating reductions in such allowance; (4) allow an annual inflation adjustment to the expensing allowance and the threshold amount after 2007; and (5) allow a taxpayer to revoke an election to expense such business property without the prior consent of the Secretary of the Treasury.
Status: Read twice and referred to the Committee on Finance
S.1066 (SENATOR VOINOVICH; R-OH) Economic Development Tax Incentives.
This bill authorizes States and subdivisions thereof, the District of Columbia, all territories and possessions of the United States to provide certain tax incentives to any person for economic development purposes.
Status: Read twice and referred to the US Senate Committee on Finance
OPPOSE
AB 1177 (Chan; D-Oakland) Tax Increase. Increases the tax burden on small business by increasing the personal income tax rate to 10 and 11 percent and the alternative tax rate to 8.5 percent.
Status: Senate Revenue and Taxes
AB 1835 (Lieber, D- San Clara) Minimum wage – Automatic Minimum Wage Increases. Increases the cost of doing business without regard to the state's economy by increasing the minimum wage with annual automatic increases.
Status: Senate Appropriations
SB 840 (Kuehl; D-Santa Monica) Government-Run Health Care. Imposes a government-run health care system on all Californians.
Status: Assembly Rules
AB 2202 (Salda?a; D-San Diego) Limits Technology. Limits the availability of thousands of consumer electronic devices in California by prohibiting the sale of those devices if they contain certain heavy metals.
Status: Senate Appropriations
SB 1675 (Kehoe; D-San Diego)Increases Gas Prices. Creates market volatility, ignores current operational limitations and supply availability by mandating the use of biodiesel in fuels.
Status: Senate Appropriations
S.2287 (SENATOR SNOWE; R-ME) Increase and permanently extend the expensing of certain depreciable business assets for small businesses. Amends the Internal Revenue Code to: (1) increase the expensing allowance for depreciable business property from $100,000 to $200,000; (2) make such allowance permanent; (3) increase to $800,000 the asset cost threshold for calculating reductions in such allowance; (4) allow an annual inflation adjustment to the expensing allowance and the threshold amount after 2007; and (5) allow a taxpayer to revoke an election to expense such business property without the prior consent of the Secretary of the Treasury.
Status: Read twice and referred to the Committee on Finance
S.1066 (SENATOR VOINOVICH; R-OH) Economic Development Tax Incentives.
This bill authorizes States and subdivisions thereof, the District of Columbia, all territories and possessions of the United States to provide certain tax incentives to any person for economic development purposes.
Status: Read twice and referred to the US Senate Committee on Finance
OPPOSE
AB 1177 (Chan; D-Oakland) Tax Increase. Increases the tax burden on small business by increasing the personal income tax rate to 10 and 11 percent and the alternative tax rate to 8.5 percent.
Status: Senate Revenue and Taxes
AB 1835 (Lieber, D- San Clara) Minimum wage – Automatic Minimum Wage Increases. Increases the cost of doing business without regard to the state's economy by increasing the minimum wage with annual automatic increases.
Status: Senate Appropriations
SB 840 (Kuehl; D-Santa Monica) Government-Run Health Care. Imposes a government-run health care system on all Californians.
Status: Assembly Rules
AB 2202 (Salda?a; D-San Diego) Limits Technology. Limits the availability of thousands of consumer electronic devices in California by prohibiting the sale of those devices if they contain certain heavy metals.
Status: Senate Appropriations
SB 1675 (Kehoe; D-San Diego)Increases Gas Prices. Creates market volatility, ignores current operational limitations and supply availability by mandating the use of biodiesel in fuels.
Status: Senate Appropriations