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Personal Income Tax Law: Corporation Tax Law: wildfires: exclusions.

It was vetoed on Sep 29, 2024.

CA SB 542 · Senate Bill · 2023–2024

Stage
Vetoed
Started in
Senate
Sponsors
2
Latest action
Sep 29, 2024

What it does

The Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally defines "gross income" as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income.

Read the full text

Where it stands

This bill failed and is no longer moving.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Needs attention)

    Vetoed

What moved

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Who is involved

Sponsors

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

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: wildfires: exclusions. | 52