CA AB1765

Allows California taxpayers to voluntarily designate contributions in excess of their tax liability to a new Habitat for Humanity Fund on their personal income tax returns.

Establishes the Habitat for Humanity Fund in the State Treasury to receive contributions, with funds distributed to the Franchise Tax Board, Controller, and Department of Housing and Community Development for administrative costs, and remaining balance allocated as grants to qualified Habitat for Humanity affiliates in California.

Requires the Department of Housing and Community Development to award grants through a competitive, project-specific process, prohibiting use of grant funds for administrative expenses or purposes outside California.

Sunsets on January 1, 2021, or January 1 of the fifth taxable year following the fund's first appearance on tax returns, whichever is earlier, with earlier repeal if annual contributions fall below $250,000 (adjusted annually for inflation).

Allows a deduction for contributions made under this article and requires the Franchise Tax Board to revise tax return forms to include the Habitat for Humanity Fund designation space.