CA AB2243

Extends the food bank donation tax credit from taxable years beginning before January 1, 2022 to taxable years beginning before January 1, 2027 for both personal income tax and corporation tax.

Allows qualified taxpayers to claim a credit equal to 15% of the qualified value of fresh fruits, vegetables, and specified raw agricultural products or processed foods donated to California food banks.

Qualified taxpayers include persons responsible for growing, raising, harvesting, packing, or processing agricultural products, excluding retailers.

Requires food banks to provide certificates to donors documenting the type, quantity, and qualified value of donated items, with information to be reported to the Franchise Tax Board.

Franchise Tax Board must report to the Legislature by December 1, 2026 (previously 2021) on credit utilization, including qualified value, county origin, and donation dates.