Assembly Speaker Karen Bass, D-Los Angeles, said this morning she intends to introduce a bill this week that will provide tax relief to Californians donating money to Haiti earthquake relief efforts in January.
“Giving is one way for people to deal with the enormity of a catastrophe like this,” Bass said. “Many Californians have responded by giving even if it means taking on an extra financial burden in these tough times. This legislation makes it easier for more to give and participate in the relief effort that our neighbors in Haiti desperately need.”
It’ll allow individual and corporate taxpayers making cash contributions this month to eligible charitable organizations for relief Haiti earthquake victims to deduct these contributions in the 2009 tax year. The Legislature passed a similar measure in response to the Indian Ocean tsunami of December 2004.
Bass yesterday announced that her successor as Speaker, John Perez, D-Los Angeles, will be sworn into his leadership post March 1.