AB 132

  • California Assembly Bill
  • 2013-2014 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Personal income taxes: retirement plans: early distributions.

Abstract

The Personal Income Tax Law, in modified conformity to federal income tax laws, imposes an additional tax upon early distributions from specified retirement plans, as provided. This bill would, for taxable years, beginning on or after January 1, 2014, and before January 1, 2017, exclude from that additional tax the first $6,000 distributed to an individual for the purpose of paying qualified costs, as defined, with respect to acquisition indebtedness for a principal residence, as provided. This bill would take effect immediately as a tax levy.

Bill Sponsors (2)

Votes


No votes to display

Actions


Jan 21, 2014

Assembly

From committee without further action pursuant to Joint Rule 62(a).

Aug 12, 2013

Assembly

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

Jun 24, 2013

Assembly

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

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

Jun 20, 2013

Assembly

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

Jun 10, 2013

Assembly

In committee: Hearing postponed by committee.

May 13, 2013

Assembly

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

Apr 01, 2013

Assembly

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

Assembly

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

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

Mar 21, 2013

Assembly

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

Jan 24, 2013

Assembly

Referred to Com. on REV. & TAX.

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

Jan 17, 2013

Assembly

From printer. May be heard in committee February 16.

Jan 16, 2013

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB132 HTML
01/16/13 - Introduced PDF
03/21/13 - Amended Assembly PDF
06/20/13 - Amended Assembly PDF

Related Documents

Document Format
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Sources

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