Tax break planned in California for Haiti donors

SAN DIEGO (Press Release)­­ To recognize and encourage residents who provided much needed cash to help aid Haiti in the recovery process, the Legislature is moving a bill (AB 347) to   allow a tax deduction for cash contributions made between January 11, 2010 and March 1, 2010 for the rescue and recovery efforts to be applied toward the contributors 2009 tax returns.

“Many in our state are suffering the dire effects of our troubled economy,” said Assemblymember Marty Block (Democrat-San Diego) who is a principal co-author of the bill, “and yet residents have responded in full measure to the calamitous situation in Haiti. It is my hope that AB 347 will give at least a small amount of relief to those who have helped others.”

AB 347 now moves to the state Senate for consideration.  For additional information on AB 347 contact Assemblymember Marty Block’s Sacramento office at (916) 319-2078.

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Preceding provided by Assemblyman Marty Block