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Personal Income Tax Law: Corporation Tax Law: exemptions: wildfire.

It became law on Sep 17, 2025.

CA SB 159 · Senate Bill · 2025–2026

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Sep 17, 2025

What it does

Existing law establishes, in the Government Operations Agency, the Franchise Tax Board consisting of the Controller, the Director of Finance, and the Chairperson of the State Board of Equalization. Existing law prescribes various powers and duties to the Franchise Tax Board, including, among other things, the administration of state personal income taxes and corporation franchise and income taxes.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 17, 2025

What moved

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Who is involved

Sponsors

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

  • Committee on Budget and Fiscal ReviewLead sponsor

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Personal Income Tax Law: Corporation Tax Law: exemptions: wildfire. | 52