SB 30

  • California Senate Bill
  • 2013-2014 Regular Session
  • Introduced in Senate Dec 03, 2012
  • Passed Senate Jun 20, 2013
  • Assembly
  • Governor

Taxation: cancellation of indebtedness: mortgage debt forgiveness.

Abstract

The Personal Income Tax Law conforms to specified provisions of the federal Mortgage Forgiveness Debt Relief Act of 2007, relating to the exclusion of the discharge of qualified principal residence indebtedness, as defined, from a taxpayer's income if that debt is discharged after January 1, 2007, and before January 1, 2010, as provided. The federal Emergency Economic Stabilization Act of 2008 extended the operation of those provisions to debt that is discharged before January 1, 2013. This bill would extend the operation of the exclusion of the discharge of qualified principal residence indebtedness to debt that is discharged on or after January 1, 2013, and before January 1, 2014. The bill would become operative only if SB 391 is enacted and takes effect. This bill would declare that it is to take effect immediately as an urgency statute.

Bill Sponsors (9)

Votes


Actions


Nov 30, 2014

Assembly

From committee without further action.

Assembly

From Assembly without further action.

Aug 30, 2013

Assembly

Set, second hearing. Held in committee and under submission.

Aug 21, 2013

Assembly

Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR APPR. suspense file.

Aug 13, 2013

Assembly

Read second time and amended. Re-referred to Com. on APPR.

  • Amendment-Passage
  • Reading-2
  • Reading-1
  • Referral-Committee
Com. on APPR.

Aug 12, 2013

Assembly

Set, first hearing. Referred to REV. & TAX. suspense file.

  • Referral-Committee
REV. & TAX. suspense file. REV. & TAX

Assembly

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (August 12).

Jun 24, 2013

Assembly

Referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Jun 20, 2013

Assembly

In Assembly. Read first time. Held at Desk.

Senate

Read third time. Urgency clause adopted. Passed. (Ayes 36. Noes 0. Page 1459.) Ordered to the Assembly.

Senate

Amendments by Senator Anderson tabled on motion of Senator Corbett. (Ayes 23. Noes 12. Page 1459.)

Jun 04, 2013

Senate

Read second time. Ordered to third reading.

Jun 03, 2013

Senate

Ordered to second reading.

Senate

Withdrawn from committee.

May 30, 2013

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.

  • Committee-Passage
  • Amendment-Passage
  • Reading-2
  • Reading-1
  • Referral-Committee
Com. on RLS.

May 29, 2013

Senate

(Ayes 27. Noes 10. Page 1152.) .

Senate

Read second time. Ordered to third reading.

Senate

Re-referred to Com. on RLS.

  • Referral-Committee
Com. on RLS.

May 28, 2013

Senate

Read second time and amended. Ordered to third reading.

Senate

Ordered to second reading.

Senate

Read third time and amended.

May 24, 2013

Senate

From committee: Do pass as amended. (Ayes 7. Noes 0. Page 1005.) (May 23).

May 17, 2013

Senate

Set for hearing May 23.

Apr 08, 2013

Senate

Placed on APPR. suspense file.

Mar 22, 2013

Senate

Set for hearing April 8.

Mar 13, 2013

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0. Page 290.) (March 13). Re-referred to Com. on APPR.

  • Committee-Passage-Favorable
  • Referral-Committee
  • Committee-Passage
Com. on APPR.

Mar 06, 2013

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.

  • Committee-Passage
  • Amendment-Passage
  • Reading-2
  • Reading-1
  • Referral-Committee
Com. on GOV. & F.

Feb 28, 2013

Senate

Set for hearing March 13.

Jan 10, 2013

Senate

Referred to Com. on GOV. & F.

  • Referral-Committee
Com. on GOV. & F.

Dec 04, 2012

Senate

From printer. May be acted upon on or after January 3.

Dec 03, 2012

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB30 HTML
12/03/12 - Introduced PDF
03/06/13 - Amended Senate PDF
05/28/13 - Amended Senate PDF PDF
05/30/13 - Amended Senate PDF
08/13/13 - Amended Assembly PDF

Related Documents

Document Format
No related documents.

Sources

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