Skip to content

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

Passed first chamber: it can still change before the session ends.

CA AB 429 · Assembly Bill · 2025–2026

Draft a letter
Stage
Passed first chamber
Started in
Assembly
Sponsors
3
Latest action
Jun 18, 2025

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

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Jun 18, 2025

  4. Law (Not started)

What moved

Loading recorded actions…

Who is involved

Sponsors

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

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 Tax Law: Corporation Tax Law: exclusions: wildfires. | 52