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Personal Income Tax Law: exclusion: student loan debt forgiveness.

It became law on Oct 2, 2019.

CA SB 63 · Senate Bill · 2019–2020

Stage
Became law
Started in
Senate
Sponsors
+9
Latest action
Oct 2, 2019

What it does

The Personal Income Tax Law provides for various exclusions from gross income, 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 passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Oct 2, 2019

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

It is law in California. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Personal Income Tax Law: exclusion: student loan debt forgiveness. | 52