2020 - Senate Bill 1415 (Borgeas, Andreas), Income Tax Credit for Backup Generators (Dead)
Bill Number
SB 1415
Legislative Session
2019-2020
Bill Information
Category
Air Quality and Emissions, Enforcement and Penalties, Local Air Districts, Incentives
Status
Dead
Author
Borgeas.Andreas
Contact
Office of Legislative Affairs
Email
Summary
Would have provided an income tax credit for each taxable year beginning on or after January 1, 2021 and before January 1, 2026, to individuals and small businesses for the purchase of a backup generator for use in a residential or commercial property in a designated wildfire zone. The bill would have limited the tax credit to 50 percent of the total cost incurred by the customer, not to exceed $7,000. Was not heard in the Senate Governance and Finance Committee.