CA SB131

Prohibits the Controller from offsetting delinquent accounts against personal income tax refunds for individuals who received the foster youth tax credit, earned income tax credit, or young child tax credit for taxable years beginning on or after January 1, 2024.

Changes the annual tax expenditure report deadline from September 15 to November 1 each year and requires reports to categorize personal income tax expenditure data by taxpayers' income levels, beginning August 1, 2023.

Expands the hiring tax credit for taxable years beginning on or after January 1, 2023 to eliminate geographic requirements for semiconductor, lithium production, lithium battery manufacturing, and electric airplane manufacturers, with extended filing deadlines for these industries.

Excludes settlement payments from PG&E related to the 2019 Kincade Fire and 2020 Zogg Fire from gross income for taxable years 2020-2027 for qualified taxpayers in affected counties.

Requires the Franchise Tax Board to issue one-time "Better for Families Tax Refund" payments to qualified recipients no later than September 30, 2023, with amounts ranging from $200-$1,050 based on filing status and income levels.