Roger Niello
- Republican
Author
(1) The Personal Income Tax Law, in modified conformity to specified provisions of the federal Mortgage Forgiveness Debt Relief Act of 2007, allows an exclusion from a taxpayer's income for the discharge of qualified principal residence indebtedness, as defined, if that debt is discharged after January 1, 2007, and before January 1, 2009, as provided. The Emergency Economic Stabilization Act of 2008 extended the operation of those federal provisions to debt that is discharged before January 1, 2013. This bill would provide further conformity to those federal acts, including allowance of the exclusion for debt that is discharged before 2013, as provided. (2) This bill would take effect immediately as a tax levy.
No votes to display
From committee without further action.
In committee: Set, second hearing. Held under submission.
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
In committee: Hearing postponed by committee.
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
In committee: Hearing postponed by committee.
From printer. May be heard in committee March 12.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1779 | HTML |
| 02/09/10 - Introduced | |
| 05/03/10 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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