· CA legislature · 20252026

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

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. This bill, for taxable years beginning on or after January 1,…

Sponsor

Heather Hadwick (R-CA)

Introduced

2025-02-05

Policy area

Taxation

Latest action

Referred to Com. on REV. & TAX.