Personal Income Tax Law: Corporation Tax Law: credits: retail security measures.

California SB665 aimed to create tax credits for businesses that implement retail security measures. The bill sought to help retailers offset costs associated with improving security to protect against theft and other crimes. However, the bill ultimately failed to pass in the legislature.

Supporters of SB665 would argue that the bill was a proactive step toward enhancing safety in retail environments. They would emphasize that providing tax credits for security measures could help reduce crime rates and support local businesses in maintaining a secure shopping experience for customers.

Critics of SB665 might contend that the bill represented an unnecessary tax incentive that could lead to misuse or ineffective security spending. They could argue that it did not address the root causes of retail crime and that resources would be better allocated to more comprehensive crime prevention strategies.

Source: LegiScan roll call vote data.