CA SB1415

Allows a tax credit equal to 50% of the cost of a backup electricity generator, capped at $3,500 per year, for taxpayers purchasing generators up to $7,000 for residences or commercial properties in designated wildfire zones.

Credit is available for taxable years beginning January 1, 2021 through December 31, 2025, and applies to natural persons and small businesses.

Unused credits may be carried over to reduce taxes in subsequent years until fully exhausted.

Designated wildfire zones include very high fire hazard severity zones determined by the Department of Forestry and Fire Protection under state law.

Franchise Tax Board must annually publish anonymized data on credit usage through calendar year 2026 to measure program effectiveness.