Politics.AIAssembly BillFailedRevenue and Taxation
AB 895: Personal Income Tax Law: Corporation Tax Law: credits: fast food restaurants.
What AB 895 does, verified February 3, 2026
The bill provides a tax credit to qualified taxpayers who are fast food restaurant franchisees or independent operators. A credit of $12,000 per qualified fast food restaurant will be allowed against the personal income tax and corporation tax for taxable years beginning on or after January 1, 2026, and before January 1, 2031. The bill requires specific goals, performance indicators, and data collection requirements for any new tax expenditure, and also includes additional information for this tax credit. The tax credit will take effect immediately as a tax levy.
Bill journey
✓IntroducedComplete
2In CommitteeCurrent
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. (2026-02-02)Alert me
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| Feb. 02, 2026 | From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. |
| Jan. 31, 2026 | Died pursuant to Art. IV, Sec. 10(c) of the Constitution. |
| May. 05, 2025 | In committee: Set, second hearing. Held under submission. |
| Apr. 07, 2025 | In committee: Set, first hearing. Referred to REV. & TAX. suspense file. |
| Mar. 25, 2025 | Re-referred to Com. on REV. & TAX. |