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Personal income taxes: deduction: homeownership savings accounts.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 1736 · Assembly Bill · 2015–2016

Stage
Session ended
Started in
Assembly
Sponsors
31
Latest action
May 27, 2016

What it does

The Personal Income Tax Law, in modified conformity with federal income tax laws, allows various exclusions from gross income, and allows various deductions in computing the income that is subject to the taxes imposed by that law, including miscellaneous itemized deductions that are allowed only to the extent that the aggregate amount of those deductions exceeds 2% of adjusted gross income.

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · May 27, 2016

  3. Floor (Needs attention)

    The session ended first

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Personal income taxes: deduction: homeownership savings accounts. | 52