AB 17 California Assembly · 2023-2024 Regular Session

Personal income tax: rate.

Summary

The Personal Income Tax Law, in modified conformity with federal income tax law, imposes taxes on taxable income, as provided. This bill, for taxable years beginning on or after January 1, 2023, and before January 1, 2028, would revise the income tax rates and taxable income brackets by imposing an income tax rate of 4% instead of 6% or 8%, as applicable, on specified taxable income. This bill would take effect immediately as a tax levy.

Bill status failed 1 of 4 stages cleared

Introduction

Dec 2022

Committee Review

Floor Vote

Governor

Introduced Dec 5, 2022 Last action Feb 1, 2024

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Feb 1, 2024

Lower · Passed

From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

lower

Mar 21, 2023

Lower · Passed

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

lower

Mar 6, 2023

Committee

Re-referred to Com. on REV. & TAX.

lower

Mar 2, 2023

Introduced

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

lower

Mar 2, 2023

Committee

Referred to Com. on REV. & TAX.

lower

Dec 6, 2022

Lower · Passed

From printer. May be heard in committee January 5.

lower

1 primary · 0 co-sponsors