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CA AB1791

Bill

Official Source

Status

Failed

11/30/2016

Primary Sponsor

Patty Lopez

Click for details

Origin

State Assembly

2015-2016 Session

AI Summary

  • Excludes military retirement pay from gross income for California personal income tax purposes for taxable years beginning on and after January 1, 2016, and before January 1, 2019
  • Excludes survivor benefits received from the federal government under Chapter 73 of Title 10 of the United States Code from gross income for the same taxable year period
  • Applies to retirement pay and survivor benefits received from military service in the Armed Forces of the United States, the reserve component of the Armed Forces, or the National Guard
  • Becomes operative only upon the effective date of a budget measure that specifically appropriates funds to the Franchise Tax Board for administering these provisions
  • Takes effect immediately as a tax levy

Legislative Description

Personal income taxes: exclusion: military retirement pay.

Last Action

From committee without further action.

11/30/2016

Committee Referrals

Appropriations5/11/2016
Revenue and Taxation3/17/2016

Full Bill Text

No bill text available