BILL NUMBER: AB 1700	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member La Malfa

                        FEBRUARY 23, 2007

   An act to add Section 17053.55 to the Revenue and Taxation Code,
relating to taxation, to take effect immediately, tax levy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1700, as introduced, La Malfa. Personal income taxes: credit:
volunteer firefighters.
   The Personal Income Tax Law authorizes various credits against the
taxes imposed by that law.
   This bill would authorize a credit against that tax for each
taxable year beginning on and after January 1, 2008, in an amount
equal to the amount paid or incurred by a volunteer firefighter
during the taxable year for qualified volunteer firefighter expenses,
as defined.
   This bill would take effect immediately as a tax levy.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 17053.55 is added to the Revenue and Taxation
Code, to read:
   17053.55.  (a) For each taxable year beginning on or after January
1, 2008, there shall be allowed as a credit against the "net tax,"
as defined in Section 17039, of a volunteer firefighter an amount
equal to the amount paid or incurred during the taxable year for
qualified volunteer firefighter expenses.
   (b) For purposes of this section, all of the following apply:
   (1) "Qualified volunteer firefighter expenses" means the amount
paid or incurred by a volunteer firefighter, for which the
firefighter was not reimbursed, for training and equipment that was
required to be obtained in order to serve as a volunteer firefighter.

   (2) "Volunteer firefighter" means a person registered as an active
firefighting member of any regularly organized volunteer fire
department having official recognition, and full or partial support
of the government of the county, city, town, or district in which the
volunteer fire department is located in the state.
   (c) No deduction shall be allowed as otherwise provided in this
part for that portion of expenses paid or incurred for the taxable
year which is equal to the amount of the credit allowed under this
section attributable to those expenses.
   (d) In the case where the credit allowed by this section exceeds
the "net tax," the excess may not be carried over to reduce the "net
tax" in succeeding years.
  SEC. 2.  This act provides for a tax levy within the meaning of
Article IV of the Constitution and shall go into immediate effect.