AB 757

  • California Assembly Bill
  • 2009-2010 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Income taxes: education savings account.

Abstract

The Personal Income Tax Law provides for the specified treatment of amounts deposited in an education savings account that meets specified requirements. This bill would allow amounts to be deposited in an education savings account, as defined, established for purposes of paying for qualified education expenses, as defined. Interest earned by the account and distributions would not be subject to taxation, as provided. This bill would take effect immediately as a tax levy.

Bill Sponsors (1)

Votes


No votes to display

Actions


Feb 02, 2010

Assembly

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

Jan 31, 2010

Assembly

Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

May 04, 2009

Assembly

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

Mar 23, 2009

Assembly

Referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Feb 27, 2009

Assembly

From printer. May be heard in committee March 29.

Feb 26, 2009

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB757 HTML
02/26/09 - Introduced PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.