Income taxes: exclusions: wildfire loss mitigation payments.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Budget and Fiscal Review
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
Assembly Bill 195 expresses the California Legislature’s intention to make changes to the Budget Act of 2025. This bill serves as a statement of purpose, indicating that the legislature plans to revise the budget framework. It does not detail specific changes or new provisions but rather sets the stage for future legislative action regarding the budget. The bill focuses solely on outlining the legislature’s desire to modify the Budget Act.
Key provisions
- Expresses the intent to enact statutory changes.
- Relates to the Budget Act of 2025.
- Does not contain specific budgetary provisions.
- Serves as a preparatory measure for future budget revisions.
Who is affected
- The State of California
- State Agencies
- Taxpayers
- Legislative Bodies
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Committee on Budget
Arguments
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