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Personal Income Tax Law: exclusion: student loan debt.

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

CA SB 1 · Senate Bill · 2023–2024

Stage
Session ended
Started in
Senate
Sponsors
14
Latest action
Feb 1, 2024

What it does

The Personal Income Tax Law, in modified conformity with federal income tax law, generally defines "gross income" as income from whatever source derived, except as specifically excluded, including an exclusion for the amount of student loan indebtedness repaid or canceled pursuant to a specified federal law.

Read the full text

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 (Current step)

    Introduced · Feb 1, 2024

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  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 Tax Law: exclusion: student loan debt. | 52