AB 32 (Perez): Increases the annual cap on qualified investments in the COIN CDFI Tax Credit program from $10 million to $50 million, which in turn increases the amount of tax credits available from $2 million to $10 million.  So far, COIN has facilitated CDFI investments of more than $135 million to benefit California's most underserved urban and rural communities.

Speaker John A. Pérez AB 32 Fact Sheet