Senate bill would offer tax credits to landlords, protect tenants from eviction

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Legislation unveiled in the California Senate this week would create a voluntary tax credit program to help landlords recoup rent that’s gone unpaid during the COVID-19 crisis.

To qualify for the credits, a rental owner would need to sign an agreement, pledging to defer rent that’s gone unpaid due to the coronavirus and not to evict the tenant for nonpayment. The tenant also would need to sign the pact.

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