AB 2979

  • California Assembly Bill
  • 2023-2024 Regular Session
  • Introduced in Assembly
  • Passed Assembly May 21, 2024
  • Passed Senate Jun 27, 2024
  • Became Law Jul 15, 2024

Income taxation: exclusion: victim compensation.

Abstract

The Personal Income Tax Law, in modified conformity with federal law, generally defines "gross income" as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income for purposes of computing tax liability. Existing law generally provides for the reimbursement of victims and derivative victims of specified types of crimes by the California Victim Compensation Board from the Restitution Fund, a continuously appropriated fund, for specified losses suffered as a result of those crimes. This bill would exclude from gross income any payment received from the California Victim Compensation Board pursuant to specified law. This bill would take effect immediately as a tax levy.

Bill Sponsors (4)

Votes


Actions


Jul 15, 2024

California State Legislature

Chaptered by Secretary of State - Chapter 119, Statutes of 2024.

California State Legislature

Approved by the Governor.

Jul 03, 2024

California State Legislature

Enrolled and presented to the Governor at 3 p.m.

Jun 27, 2024

Assembly

In Assembly. Ordered to Engrossing and Enrolling.

Senate

Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.).

Jun 25, 2024

Senate

Read second time. Ordered to Consent Calendar.

Jun 24, 2024

Senate

From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.

Jun 12, 2024

Senate

From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (June 12). Re-referred to Com. on APPR.

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

May 29, 2024

Senate

Referred to Com. on REV. & TAX.

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

May 22, 2024

Senate

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

May 21, 2024

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 0. Page 5446.)

May 16, 2024

Assembly

Read second time. Ordered to Consent Calendar.

May 15, 2024

Assembly

From committee: Do pass. To Consent Calendar. (Ayes 15. Noes 0.) (May 15).

Apr 30, 2024

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 29). Re-referred to Com. on APPR.

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

Apr 18, 2024

Assembly

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

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

Apr 17, 2024

Assembly

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

Apr 08, 2024

Assembly

In committee: Hearing postponed by committee.

Mar 19, 2024

Assembly

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

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

Mar 18, 2024

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.

Feb 17, 2024

Assembly

From printer. May be heard in committee March 18.

Feb 16, 2024

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB2979 HTML
02/16/24 - Introduced PDF
03/18/24 - Amended Assembly PDF
04/17/24 - Amended Assembly PDF
07/01/24 - Enrolled PDF
07/15/24 - Chaptered PDF

Related Documents

Document Format
04/26/24- Assembly Revenue and Taxation PDF
05/14/24- Assembly Appropriations PDF
06/07/24- Senate Revenue and Taxation PDF
06/25/24- Sen. Floor Analyses PDF

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.