Bill > SB881

This bill extends the authorization for tax credits for qualified taxpayers who donate fresh fruits, vegetables, and certain processed foods to California food banks, allowing these credits to be claimed for taxable years beginning before January 1, 2032, an extension from the previous expiration date of January 1, 2027. Additionally, it extends the provisions governing the Emergency Food for Families Voluntary Tax Contribution Fund, which allows individuals to contribute excess tax liability to support food banks, until January 1, 2037, also an extension from the prior expiration of January 1, 2026. The bill also extends the reporting requirement for the Franchise Tax Board (FTB), the state agency responsible for tax administration, regarding the utilization of these tax credits, from January 1, 2026, to January 1, 2031. These extensions are intended to address ongoing food insecurity in California, exacerbated by rising food costs and changes in federal nutrition assistance programs.

Budget and Finance

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB881