SB 230

  • California Senate Bill
  • 2023-2024 Regular Session
  • Introduced in Senate Jan 23, 2023
  • Passed Senate Jan 29, 2024
  • Assembly
  • Governor

Income tax: health savings accounts.

Abstract

The Personal Income Tax Law authorizes various deductions in computing income that is subject to tax under that law. This bill, for taxable years beginning on or after January 1, 2025, and before January 1, 2030, would allow a deduction in computing adjusted gross income in connection with health savings accounts in modified conformity with federal law. In general, the deduction would be an amount equal to the aggregate amount paid in cash during the taxable year by, or on behalf of, an eligible individual, as defined, to a health savings account of that individual, as provided. The bill, for taxable years beginning on or after January 1, 2025, and before January 1, 2030, would also provide related conformity to that federal law with respect to the allowance of rollovers from Archer Medical Savings Accounts, health flexible spending arrangements, or health reimbursement accounts to a health savings account, and penalties in connection therewith. Existing law requires a bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives 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. This bill would take effect immediately as a tax levy.

Bill Sponsors (10)

Votes


Actions


Jun 13, 2024

Assembly

From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on REV. & TAX.

Jun 10, 2024

Assembly

June 10 set for first hearing. Placed on suspense file.

May 16, 2024

Assembly

From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on REV. & TAX.

Apr 29, 2024

Assembly

Referred to Com. on REV. & TAX.

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

Jan 29, 2024

Assembly

In Assembly. Read first time. Held at Desk.

Senate

Read third time. Passed. (Ayes 28. Noes 4. Page 3049.) Ordered to the Assembly.

Jan 22, 2024

Senate

Read second time. Ordered to third reading.

Jan 18, 2024

Senate

From committee: Do pass. (Ayes 5. Noes 1. Page 3011.) (January 18).

Jan 17, 2024

Senate

Set for hearing January 18.

Jan 16, 2024

Senate

January 16 hearing: Placed on APPR suspense file.

Jan 12, 2024

Senate

Set for hearing January 16.

Jan 11, 2024

Senate

Read second time and amended. Re-referred to Com. on APPR.

  • Amendment-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on APPR.

Jan 10, 2024

Senate

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 3. Page 2970.) (January 10).

Dec 21, 2023

Senate

Set for hearing January 10.

May 03, 2023

Senate

May 3 set for first hearing. Failed passage in committee. (Ayes 4. Noes 2. Page 992.) Reconsideration granted.

Apr 20, 2023

Senate

Set for hearing May 3.

Mar 15, 2023

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on GOV. & F.

Feb 01, 2023

Senate

Referred to Com. on GOV. & F.

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

Jan 24, 2023

Senate

From printer. May be acted upon on or after February 23.

Jan 23, 2023

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB230 HTML
01/23/23 - Introduced PDF
03/15/23 - Amended Senate PDF
01/11/24 - Amended Senate PDF
05/16/24 - Amended Assembly PDF
06/13/24 - Amended Assembly PDF

Related Documents

Document Format
04/28/23- Senate Governance and Finance PDF
01/05/24- Senate Governance and Finance PDF
01/12/24- Senate Appropriations PDF
01/22/24- Sen. Floor Analyses PDF
06/07/24- Assembly Revenue and Taxation 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.