---
type: "Bill"
title: "Capital investment incentive programs: corporation tax credit: new advanced strategic aircraft program."
description: "(1) Existing law, until July 1, 2015, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount, as defined, that does not exceed the amount of property tax derived from that portion of the assessed value of a qualified manufacturing facility that exceeds $25,000,000, to a proponent of a qualified manufacturing facility. Existing law defines a \"proponent\" as a party and requires a party to meet certain requirements, including that the party will be the fee owner of the qualified manufacturing facility upon the completion of that facility, as provided."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "SB 718"
citation: "California SB 718 (20132014)"
classification: ["bill"]
subjects: ["Capital investment incentive programs: corporation tax credit: new advanced strategic aircraft program."]
status: "enacted"
primary_sponsors: ["Roth"]
version_count: 9
action_count: 48
vote_count: 10
first_action: "2013-02-22"
last_action: "2014-08-15"
source: "openstates"
source_identifier: "ocd-bill/f5b1777a-1e0d-4014-b313-0ca36f55fc20"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB718"
source_hash: "0829e2ef77cc8d04e237bb7a075b0e825f8dbc87d3e8a2ff82332988d275889b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California SB 718 (20132014) — Capital investment incentive programs: corporation tax credit: new advanced strategic aircraft program.

(1) Existing law, until July 1, 2015, authorizes a county, city and county, or city to establish a capital investment incentive program, pursuant to which the county, city and county, or city is authorized to pay a capital investment incentive amount, as defined, that does not exceed the amount of property tax derived from that portion of the assessed value of a qualified manufacturing facility that exceeds $25,000,000, to a proponent of a qualified manufacturing facility. Existing law defines a "proponent" as a party and requires a party to meet certain requirements, including that the party will be the fee owner of the qualified manufacturing facility upon the completion of that facility, as provided.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/22/13 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71899INT)
2. **04/04/13 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71898AMD)
3. **05/15/13 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71897AMD)
4. **06/20/13 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71896AMD)
5. **08/07/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71894AMD)
6. **08/15/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71892CHP)
7. **09/03/13 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71895AMD)
8. **SB718** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB718)
9. **08/13/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB718&version=20130SB71893ENR)

## Votes

- Do pass as amended. — **5–0** (pass) · upper
- Do pass as amended. — **12–5** (pass) · lower
- Do pass. — **7–0** (pass) · lower
- Unfinished Business (Urgency Clause) — **32–4** (pass) · upper
- Do pass, but re-refer to the Committee on Labor and Industrial Relations. — **5–2** (pass) · upper
- Do pass as amended and be re-referred to the Committee on Appropriations. — **13–6** (pass) · lower
- Do pass, but re-refer to the Committee on Appropriations. — **3–1** (pass) · upper
- SB 718 Roth Third Reading Urgency By MURATSUCHI — **75–0** (pass) · lower
- From committee: That the Assembly Amendments be concurred in. — **7–0** (pass) · upper
- 3rd Reading — **21–13** (pass) · upper

## Sponsors

- Roth — primary (person)
- Achadjian — coauthor (person)
- Alejo — coauthor (person)
- Anderson — coauthor (person)
- Atkins — coauthor (person)
- Berryhill — coauthor (person)
- Block — coauthor (person)
- Bloom — coauthor (person)
- Bocanegra — coauthor (person)
- Bradford — coauthor (person)
- Cannella — coauthor (person)
- Chau — coauthor (person)
- Cooley — principal coauthor (person)
- Dickinson — coauthor (person)
- Fox — principal coauthor (person)
- Fuller — coauthor (person)
- Gaines — coauthor (person)
- Gorell — coauthor (person)
- Gray — coauthor (person)
- Grove — coauthor (person)
- Hall — coauthor (person)
- Harkey — coauthor (person)
- Hill — coauthor (person)
- Holden — coauthor (person)
- Huff — coauthor (person)
- Ian Calderon — coauthor (person)
- Knight — author (person)
- Linder — coauthor (person)
- Maienschein — coauthor (person)
- Medina — principal coauthor (person)
- Morrell — coauthor (person)
- Muratsuchi — principal coauthor (person)
- Nazarian — coauthor (person)
- Nestande — coauthor (person)
- Nielsen — coauthor (person)
- Olsen — coauthor (person)
- Padilla — coauthor (person)
- Pan — coauthor (person)
- Quirk-Silva — principal coauthor (person)
- Roger Hernández — coauthor (person)
- Salas — principal coauthor (person)
- V. Manuel Pérez — coauthor (person)
- Vidak — coauthor (person)
- Waldron — coauthor (person)
- Walters — coauthor (person)
- Wilk — coauthor (person)
- Wyland — coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2013-02-22** Introduced. To Com. on RLS. for assignment. To print. `introduction`
- **2013-02-24** From printer. May be acted upon on or after March 26.
- **2013-02-25** Read first time. `reading-1`
- **2013-03-11** Referred to Coms. on HEALTH and L. & I.R. `referral-committee`
- **2013-03-20** Set for hearing April 10.
- **2013-04-04** Hearing postponed by committee.
- **2013-04-04** From committee with author's amendments. Read second time and amended. Re-referred to Com. on HEALTH. `committee-passage, amendment-passage, reading-2, reading-1, referral-committee`
- **2013-04-05** Set for hearing April 17.
- **2013-04-18** From committee: Do pass and re-refer to Com. on L. & I.R. (Ayes 5. Noes 2. Page 618.) (April 17). Re-referred to Com. on L. & I.R. `committee-passage-favorable, referral-committee, committee-passage`
- **2013-04-19** Set for hearing April 24.
- **2013-04-24** From committee: Do pass and re-refer to Com. on APPR. (Ayes 3. Noes 1. Page 664.) (April 24). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2013-04-26** Set for hearing May 6.
- **2013-05-06** Set, first hearing. Hearing canceled at the request of author.
- **2013-05-07** Set for hearing May 13.
- **2013-05-14** From committee: Do pass as amended. (Ayes 5. Noes 0. Page 936.) (May 13). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-05-15** Read second time and amended. Ordered to third reading. `reading-2, reading-1, amendment-passage`
- **2013-05-20** Read third time. Passed. (Ayes 21. Noes 13. Page 974.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2013-05-20** In Assembly. Read first time. Held at Desk. `reading-1`
- **2013-06-03** Referred to Com. on HEALTH. `referral-committee`
- **2013-06-19** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 6.) (June 18). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-06-20** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-2, reading-1, referral-committee`
- **2013-08-14** Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2013-08-30** From committee: Do pass as amended. (Ayes 12. Noes 5.) (August 30). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-09-03** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2013-09-04** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2013-09-06** Ordered to inactive file on request of Assembly Member V. Manuel Pérez.
- **2014-08-04** Notice of intention to remove from inactive file given by Assembly Member V. Manuel Pérez.
- **2014-08-05** From inactive file.
- **2014-08-05** Ordered to third reading.
- **2014-08-07** Read third time and amended. (Page 5914.) `reading-3, reading-1, amendment-passage`
- **2014-08-07** Ordered to third reading.
- **2014-08-07** Re-referred to Com. on REV. & TAX. pursuant to Assembly Rule 77.2. `referral-committee`
- **2014-08-07** Joint Rule 62(a) file notice suspended. (Page 5915.)
- **2014-08-11** Set, first hearing. Referred to REV. & TAX. suspense file. `referral-committee`
- **2014-08-11** From committee: Do pass. (Ayes 7. Noes 0.) (August 11). `committee-passage-favorable, committee-passage`
- **2014-08-11** Ordered to third reading.
- **2014-08-11** Assembly Rule 63 suspended. (Page 5934.)
- **2014-08-11** Read third time. Urgency clause adopted. Passed. (Ayes 75. Noes 0. Page 5943.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2014-08-11** In Senate. Concurrence in Assembly amendments pending.
- **2014-08-11** Re-referred to Com. on RLS. pursuant to Senate Rule 29.10. `referral-committee`
- **2014-08-11** From committee: Be re-referred to Com. on GOV. & F. pursuant to Senate Rule 29.10. (Ayes 5. Noes 0. Page 4397.) Re-referred to Com. on GOV. & F. `referral-committee, committee-passage`
- **2014-08-12** Set for hearing August 12.
- **2014-08-12** From committee: That the Assembly amendments be concurred in. (Ayes 7. Noes 0. Page 4444.) `committee-passage`
- **2014-08-13** Urgency clause adopted.
- **2014-08-13** Assembly amendments concurred in. (Ayes 32. Noes 4. Page 4475.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2014-08-13** Enrolled and presented to the Governor at 6 p.m.
- **2014-08-15** Approved by the Governor. `executive-signature`
- **2014-08-15** Chaptered by Secretary of State. Chapter 189, Statutes of 2014.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f5b1777a-1e0d-4014-b313-0ca36f55fc20`. Confidence: reported (aggregated from official California legislature records).