California AB691 would allow a tax credit for pet adoption and medical expenses.
California AB691 would allow a tax credit for pet adoption and medical expenses. The bill would allow a credit against the "net tax" for qualified pet adoption costs, up to $250, and qualified pet medical expenses, up to $500. The bill would require documentation from a qualified animal rescue organization and a licensed veterinarian. The bill would also require the Franchise Tax Board to report annually on the number of taxpayers allowed a credit and the total dollar value of credits allowed. The credit would expire on December 1, 2030.
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