California SB180 amends various tax codes to adjust credits, allocations, and reporting requirements for businesses and taxpayers.

California SB180 modifies several sections of the Revenue and Taxation Code to adjust tax credits, allocations, and reporting requirements for businesses and taxpayers. It establishes a Senior Citizens and Disabled Citizens Property Tax Postponement Fund and sets rules for its administration. The bill also revises the California Competes Tax Credit, detailing the terms and conditions for credit allocation, including factors like job creation, investment, and compliance with antidiscrimination laws.

California SB180 amends various tax codes to adjust credits, allocations, and reporting requirements for businesses and taxpayers.

California SB180 modifies several sections of the Revenue and Taxation Code to adjust tax credits, allocations, and reporting requirements for businesses and taxpayers. It establishes a Senior Citizens and Disabled Citizens Property Tax Postponement Fund and sets rules for its administration. The bill also revises the California Competes Tax Credit, detailing the terms and conditions for credit allocation, including factors like job creation, investment, and compliance with antidiscrimination laws.