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CA SB1407
Bill
Status
Introduced
2/20/2026
Primary Sponsor
Bob Archuleta
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AI Summary
- Removes the $20,000 cap on California state income tax exclusions for military retirement pay and Department of Defense Survivor Benefit Plan annuity payments, allowing unlimited exclusion amounts
- Eliminates income eligibility limits that previously restricted the exclusion to individuals earning under $125,000 or joint filers under $250,000 adjusted gross income
- Extends the tax exclusion period from January 1, 2030 to January 1, 2037, with provisions set to repeal December 1, 2037
- Applies to retirement pay from all uniformed services including Armed Forces, National Guard, Public Health Service commissioned corps, and NOAA Commissioned Officer Corps
- Takes effect immediately as a tax levy upon enactment
Legislative Description
Personal Income Tax Law: exclusions: military retirement pay: survivor benefit pay.
Last Action
March 25 set for first hearing canceled at the request of author.
3/12/2026
Committee Referrals
Revenue and Taxation3/4/2026
Rules2/20/2026
Full Bill Text
No bill text available