CA AB2833

Expands the renter's credit for taxable years 2019-2023 to equal the greater of the base amount ($120 for joint filers/heads of household; $60 for others) or a percentage of median county rent (20% and 10% respectively), for qualified renters with adjusted gross income at or below specified thresholds.

Reverts the renter's credit back to the fixed base amounts ($120 and $60) for taxable years beginning January 1, 2024 and thereafter.

Requires the Department of Housing and Community Development to determine and report median rent by county to the Franchise Tax Board by January 1, 2020 and January 1, 2025.

Requires the Franchise Tax Board to calculate and publish the allowable credit amount by county by January 31, 2020 and January 31, 2025.

Takes effect immediately as a tax levy.