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California's renter's tax credit, created to help income-eligible residents who don't benefit from the tax breaks given to homeowners, has remained flat since 1979, never adjusted for inflation.
Gov. Gavin Newsom plans to revive California's EV rebate if Trump ends the federal tax credit. But Tesla, the largest electric-vehicle maker, would be excluded under the proposal.
The California Climate Credit is a program administered by the California Public Utilities Commission and the California Air Resources Board in which ratepayers receive a refund on their gas and electricity bills.
California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers ...
Chairs the Tax Credit Allocation Committee and serves as an ex officio board member of the California Housing Finance Agency. These panels award hundreds of millions of dollars annually in tax credits for affordable housing and finances affordable housing projects throughout the state.
The Work Opportunity Tax Credit (WOTC) is a federal tax credit providing incentives to employers for hiring groups facing high rates of unemployment, such as veterans, youths and others. WOTC helps these targeted groups obtain employment so they are able to gain the skills and experience necessary to obtain better future job opportunities.