summary
Introduced
12/05/2022
12/05/2022
In Committee
05/01/2023
05/01/2023
Crossed Over
Passed
Dead
02/01/2024
02/01/2024
Introduced Session
2023-2024 Session
Bill Summary
An act to amend Section 17144.8 of the Revenue and Taxation Code, relating to taxation.
AI Summary
This bill would exclude from an individual's gross income, for taxable years beginning on or after January 1, 2021, and before January 1, 2026, the amount of certain student loans discharged, in whole or in part, after December 31, 2020, and before January 1, 2026, in conformity with federal law. The bill would also include additional information required for any bill authorizing a new tax expenditure and make findings and declarations related to a gift of public funds.
Committee Categories
Budget and Finance
Sponsors (14)
Steve Glazer (D)*,
Monique Limón (D)*,
Josh Newman (D)*,
Susan Rubio (D)*,
Scott Wilk (R)*,
Ben Allen (D),
Sabrina Cervantes (D),
Dave Cortese (D),
Bill Dodd (D),
John Laird (D),
Dave Min (D),
Richard Roth (D),
Henry Stern (D),
Tom Umberg (D),
Last Action
Returned to Secretary of Senate pursuant to Joint Rule 56. (on 02/01/2024)
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