SB 353

  • California Senate Bill
  • 2025-2026 Regular Session
  • Introduced in Senate Feb 12, 2025
  • Passed Senate May 29, 2025
  • Assembly
  • Governor

Income tax: credits: food banks.

Bill Subjects

Incometax Credits Foodbanks

Abstract

The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws, including, for taxable years beginning on or after January 1, 2017, and before January 1, 2027, a credit for qualified taxpayers in an amount equal to 15% of the qualified value of fresh fruits or vegetables and specified raw agricultural products or processed foods donated to a food bank. This bill would extend the authorization for those tax credits for taxable years beginning before January 1, 2032. Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals that the tax expenditure will achieve, detailed performance indicators, and data collection requirements. For purposes of complying with these requirements, existing law requires the Franchise Tax Board to submit a report to the Legislature regarding the utilization of the credit on or before December 1 of each year until January 1, 2026. This bill would extend that reporting requirement to December 1, 2035. This bill would take effect immediately as a tax levy.

Bill Sponsors (9)

Votes


Actions


Jul 15, 2025

Assembly

July 14 hearing: Retained in suspense file.

Jun 24, 2025

Assembly

June 23 set for first hearing. Placed on REV. & TAX. suspense file.

Jun 16, 2025

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 05, 2025

Assembly

Referred to Com. on REV. & TAX.

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

May 29, 2025

Assembly

In Assembly. Read first time. Held at Desk.

Senate

Read third time. Passed. (Ayes 38. Noes 0. Page 1325.) Ordered to the Assembly.

May 27, 2025

Senate

Ordered to special consent calendar.

May 23, 2025

Senate

From committee: Do pass. (Ayes 6. Noes 0. Page 1197.) (May 23).

Senate

Read second time. Ordered to third reading.

May 20, 2025

Senate

Set for hearing May 23.

May 19, 2025

Senate

May 19 hearing: Placed on APPR. suspense file.

May 15, 2025

Senate

Set for hearing May 19.

May 14, 2025

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 1082.) (May 14). Re-referred to Com. on APPR.

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

May 06, 2025

Senate

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.

Mar 18, 2025

Senate

Set for hearing May 14.

Feb 19, 2025

Senate

Referred to Com. on REV. & TAX.

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

Feb 13, 2025

Senate

From printer. May be acted upon on or after March 15.

Feb 12, 2025

Senate

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

Bill Text

Bill Text Versions Format
SB353 HTML
02/12/25 - Introduced PDF
05/06/25 - Amended Senate PDF
06/16/25 - Amended Assembly PDF

Related Documents

Document Format
05/09/25- Senate Revenue and Taxation PDF
05/16/25- Senate Appropriations PDF
05/25/25- Sen. Floor Analyses PDF
06/20/25- Assembly Revenue and Taxation PDF
07/11/25- Assembly Revenue and Taxation PDF

Sources

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