Personal income taxes: credit: principal residence.
Summary
The Personal Income Tax Law authorizes various credits against the taxes imposed by that law. This bill would authorize a credit against those taxes in an amount equal to the lesser of 5% of the purchase price of a qualified principal residence, as defined, or $10,000 dollars. This bill would take effect immediately as a tax levy.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2009
Committee Review
Senate Passage
Feb 2009
Assembly Passage
Feb 2009
Signed into Law
Feb 2009
Introduced Feb 11, 2009
Signed Feb 20, 2009
Floor votes · Senate Feb 15, 2009 · Assembly Feb 19, 2009
How they voted
33–1
Passed · 1 other
Total votes 35
Feb 15, 2009
D
Democratic22
90% Yea
R
Republican13
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
23
Key actions
3
Committee
0
Feb 20, 2009
Signed into law
Approved by Governor.
legislature
Feb 19, 2009
Assembly · Passed
Assembly Vote: pass (48-9-5)
assembly
Feb 15, 2009
Senate · Passed
Senate Vote: pass (33-1-1)
senate
Feb 11, 2009
Introduced
Introduced. Read first time. To Com. on RLS.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
RA
Roy Ashburn
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 15
Scope: CA
Hi! I can help you understand SB 15. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline