California Tax Credit Allocation Committee

State Treasurer Fiona Ma today announced that the California Tax Credit Allocation Committee (CTAC), which she chairs, has approved a plan to allocate $100 million in federal fire recovery tax credits to the 13 counties that were ravaged by wildfires. Rep. Mike Thompson, D-Napa, who chairs the House Select Revenue …continue reading

California State Treasurer Fiona Ma announced that the California Tax Credit Allocation Committee, (CTCAC) which she chairs, is clarifying its regulations to make certain that 13 counties hit by disasters receive $100 million in new federal tax credits. The federal credits, carried by Rep. Mike Thompson, D-Napa, and approved by …continue reading