2025-2026 Regular SessionCalifornia Legislature

AB429: Personal Income Tax Law: Corporation Tax Law: exclusions: wildfires.

Legislative Summary

An act to add and repeal Sections 17139.4 and 24309.8 of the Revenue and Taxation Code, relating to taxation, and declaring the urgency thereof, to take effect immediately.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

2/5/2025
Read first time. To print.
State Assembly
2/6/2025
From printer. May be heard in committee March 8.
State Assembly
2/18/2025
Referred to Com. on REV. & TAX.
State Assembly
3/17/2025
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
State Assembly

Status Information

Current Status
Introduced(2/5/2025)
Chamber
State Assembly
Committee
Revenue and Taxation(State Assembly)

Sponsors

Documents

Introduced
Bill Text2/5/202516.3 KB