summary
Introduced
02/18/2026
02/18/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to amend Section 17054 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
AI Summary
This bill increases the personal income tax exemption credit for dependents in California. Currently, taxpayers receive a credit of $475 for each dependent for the 2025 tax year, which is adjusted for inflation from a base amount. For taxable years beginning on or after January 1, 2026, and before January 1, 2031, this bill will raise the credit to a fixed $700 per dependent. After January 1, 2027, the Franchise Tax Board, the state agency responsible for administering tax laws, will resume adjusting this credit amount for inflation annually. This change is considered a tax levy, meaning it will take effect immediately upon passage.
Sponsors (1)
Last Action
From printer. May be acted upon on or after March 21. (on 02/19/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1144 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260SB1144#99INT |
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