AB 1758 California Assembly · 2017-2018 Regular Session

Personal income taxes: gross income exclusion: homeownership savings accounts.

Summary

The Personal Income Tax Law, in modified conformity with federal income tax laws, allows various exclusions from gross income. This bill, on or after January 1, 2018, would exclude from gross income any income earned on the moneys contributed to a homeownership savings account, as described. This bill would take effect immediately as a tax levy.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2018

Committee Review

Floor Vote

Governor

Introduced Jan 4, 2018 Last action Apr 11, 2018

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 11, 2018

Lower · Passed

In committee: Set, first hearing. Hearing canceled at the request of author.

lower

Apr 4, 2018

Committee

Re-referred to Com. on H. & C.D.

lower

Apr 3, 2018

Introduced

From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.

lower

Jan 16, 2018

Committee

Referred to Coms. on H. & C.D. and REV. & TAX.

lower

Jan 5, 2018

Lower · Passed

From printer. May be heard in committee February 4.

lower

1 primary · 0 co-sponsors