AB 17

  • California Assembly Bill
  • 2023-2024 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Personal income tax: rate.

Bill Subjects

Personal Income Tax Rate

Abstract

The Personal Income Tax Law, in modified conformity with federal income tax law, imposes taxes on taxable income, as provided. This bill, for taxable years beginning on or after January 1, 2023, and before January 1, 2028, would revise the income tax rates and taxable income brackets by imposing an income tax rate of 4% instead of 6% or 8%, as applicable, on specified taxable income. This bill would take effect immediately as a tax levy.

Bill Sponsors (1)

Votes


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Actions


Feb 01, 2024

Assembly

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

Jan 31, 2024

Assembly

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

Mar 21, 2023

Assembly

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

Mar 06, 2023

Assembly

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

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

Mar 02, 2023

Assembly

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

Assembly

Referred to Com. on REV. & TAX.

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

Dec 06, 2022

Assembly

From printer. May be heard in committee January 5.

Dec 05, 2022

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB17 HTML
12/05/22 - Introduced PDF
03/02/23 - Amended Assembly PDF

Related Documents

Document Format
No related documents.

Sources

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