Personal Income Tax Law and Corporation Tax Law: deductions: accelerated depreciation for new manufacturing operations.
Committee hearing: it can still change before the session ends.
- Stage
- Committee hearing
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Apr 27, 2026
What it does
The Personal Income Tax Law and the Corporation Tax Law, in conformity or modified conformity with federal income tax laws, allows various deductions in computing the income that is subject to the taxes imposed by those laws, including a deduction for depreciation of certain property put into the service of a trade or business.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
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Where it goes next
While a bill can still move, the questions are about people and money in California.