Jesse Gabriel
- Democratic
- Assemblymember
- District 46
Author
The Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally defines "gross income" as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income. Existing law provides an exclusion from gross income for any amount received as a rebate or voucher from a local water or energy agency or supplier for the purchase or installation of a water conservation water closet, energy efficient clothes washers, and plumbing devices, as specified. This bill would, for taxable years beginning on or after January 1, 2022, and before January 1, 2027, under both of these laws, provide an exclusion from gross income for any amount received as a rebate, voucher, or other financial incentive issued by a public water system, as defined, local government, or state agency for participation in a turf replacement water conservation program. Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives that the tax expenditure will achieve, detailed performance indicators, and data collection requirements. This bill would include additional information required for any bill authorizing a new tax expenditure, and would require the Department of Finance to include an analysis of these expenditures in its annual tax expenditure report provided to the Legislature. This bill would take effect immediately as a tax levy.
Chaptered by Secretary of State - Chapter 674, Statutes of 2022.
Approved by the Governor.
Enrolled and presented to the Governor at 4 p.m.
In Assembly. Ordered to Engrossing and Enrolling.
Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 4979.).
Ordered to special consent calendar.
From committee: Do pass. (Ayes 7. Noes 0.) (August 11).
Read second time. Ordered to third reading.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (June 15). Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 4926.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 16. Noes 0.) (May 19).
Joint Rule 62(a), file notice suspended. (Page 4736.)
In committee: Set, first hearing. Referred to suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (May 5). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
In committee: Hearing for testimony only.
From printer. May be heard in committee March 18.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB2142 | HTML |
| 02/15/22 - Introduced | |
| 04/06/22 - Amended Assembly | |
| 08/25/22 - Enrolled | |
| 09/28/22 - Chaptered |
| Document | Format |
|---|---|
| 03/18/22- Assembly Revenue and Taxation | |
| 05/04/22- Assembly Revenue and Taxation | |
| 05/16/22- Assembly Appropriations | |
| 05/20/22- ASSEMBLY FLOOR ANALYSIS | |
| 06/13/22- Senate Governance and Finance | |
| 06/24/22- Senate Appropriations | |
| 08/13/22- Sen. Floor Analyses |
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.