California SB1073 establishes a voluntary tax contribution fund for the Black Cultural District in Los Angeles.

California SB1073 creates the Black Cultural District Voluntary Tax Contribution Fund, allowing taxpayers to voluntarily contribute excess tax amounts to support the Black Cultural District in Los Angeles. Contributions can be made on tax returns for taxable years between 2026 and 2032. The fund supports the construction and maintenance of the district, celebrating diversity and promoting local arts and culture. The fund will be repealed after 2033 unless contributions meet a minimum annual amount.

California SB1073 establishes a voluntary tax contribution fund for the Black Cultural District in Los Angeles.

California SB1073 creates the Black Cultural District Voluntary Tax Contribution Fund, allowing taxpayers to voluntarily contribute excess tax amounts to support the Black Cultural District in Los Angeles. Contributions can be made on tax returns for taxable years between 2026 and 2032. The fund supports the construction and maintenance of the district, celebrating diversity and promoting local arts and culture. The fund will be repealed after 2033 unless contributions meet a minimum annual amount.