· CA legislature · 20252026

Personal Income Tax Law: Corporation Tax Law: Bobcat Fire: exclusions.

The Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally define "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

Tom Lackey (R-CA)

Introduced

2025-01-07

Policy area

Taxation

Latest action

Referred to Com. on REV. & TAX.