AB 99

  • California Assembly Bill
  • 2015-2016 Regular Session
  • Introduced in Assembly
  • Passed Assembly Jun 01, 2015
  • Passed Senate Sep 01, 2015
  • Governor

Personal income taxes: income exclusion: mortgage debt forgiveness.

Abstract

The Personal Income Tax Law provides for modified conformity to specified provisions of federal income tax law relating to the exclusion of the discharge of qualified principal residence indebtedness, as defined, from an individual's income if that debt is discharged after January 1, 2007, and before January 1, 2014, as provided. The federal Tax Increase Prevention Act of 2014 extended the operation of those provisions to debt that is discharged before January 1, 2015. This bill would conform to that federal extension, discharge indebtedness for related penalties and interest, and make legislative findings and declarations regarding the public purpose served by the bill. This bill would declare that it is to take effect immediately as an urgency statute.

Bill Sponsors (2)

Votes


Actions


Jan 15, 2016

Assembly

Consideration of Governor's veto stricken from file.

Oct 10, 2015

Assembly

Vetoed by Governor.

Sep 09, 2015

California State Legislature

Enrolled and presented to the Governor at 4 p.m.

Sep 01, 2015

Senate

Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2343.).

Assembly

In Assembly. Ordered to Engrossing and Enrolling.

Aug 31, 2015

Senate

Read second time. Ordered to third reading.

Aug 27, 2015

Senate

From committee: Do pass. (Ayes 7. Noes 0.) (August 27).

Jun 29, 2015

Senate

In committee: Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

Jun 17, 2015

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (June 17). Re-referred to Com. on APPR.

  • Referral-Committee
  • Committee-Passage-Favorable
  • Committee-Passage
Com. on APPR.

Jun 11, 2015

Senate

Referred to Com. on GOV. & F.

  • Referral-Committee
Com. on GOV. & F.

Jun 01, 2015

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Assembly

Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 80. Noes 0. Page 1699.).

May 28, 2015

Assembly

Read second time. Ordered to third reading.

Assembly

Joint Rule 62(a), file notice suspended. (Page 1613.)

Assembly

From committee: Do pass. (Ayes 17. Noes 0.) (May 28).

May 27, 2015

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

May 21, 2015

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

May 20, 2015

Assembly

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

May 19, 2015

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (May 18). Re-referred to Com. on APPR.

  • Referral-Committee
  • Committee-Passage-Favorable
  • Committee-Passage
Com. on APPR.

Mar 23, 2015

Assembly

In committee: Set, first hearing. Referred to suspense file.

  • Referral-Committee
suspense file.

Feb 19, 2015

Assembly

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

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

Feb 18, 2015

Assembly

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

Jan 26, 2015

Assembly

Referred to Com. on REV. & TAX.

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

Jan 09, 2015

Assembly

From printer. May be heard in committee February 8.

Jan 08, 2015

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB99 HTML
01/08/15 - Introduced PDF
02/18/15 - Amended Assembly PDF
05/20/15 - Amended Assembly PDF
09/03/15 - Enrolled PDF

Related Documents

Document Format
No related documents.

Sources

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