The Personal Income Tax Law provides for various exclusions from gross income. This bill would, for taxable years beginning on or after January 1, 2014, exclude from gross income the amount of student loan indebtedness repaid or canceled pursuant to a specified federal law. This bill would take effect immediately as a tax levy.
From Assembly without further action.
From committee without further action.
Re-referred to Com. on RLS. pursuant to Assembly Rule 96(a).
From committee with author's amendments. Read second time and amended. Re-referred to Com. on G.O.
Read third time. Passed. (Ayes 37. Noes 0. Page 3242.) Ordered to the Assembly.
In Assembly. Read first time. Held at Desk.
Read second time. Ordered to consent calendar.
From committee: Do pass. Ordered to consent calendar. (Ayes 9. Noes 0. Page 3091.) (April 8).
Set for hearing April 8.
From printer. May be acted upon on or after March 16.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
|Bill Text Versions||Format|
|02/13/14 - Introduced|
|06/30/14 - Amended Assembly|
|No related documents.|
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