Club Industry is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CA Introduces Tax Credit Bill

SACRAMENTO, CA — A pending bill in the California Assembly would give businesses a tax credit to improve the fitness of their employees. The credit would be equal to 10 percent of what businesses spend each year on fitness improvement.

Bill AB1439, introduced by Assemblyman Lloyd Levine, D-Van Nuys, says that fitness expenditures include an employee gym, swimming pool, weight room, tracks, courts and sports fields. Other costs that would count toward the credit include equipping an amateur athletic team and subsidizing health club memberships for workers.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish