Income taxes: credits: rehabilitation of certified historic structures.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Enacted

Summary

AB 1265 gives California taxpayers a credit of 20% of qualified historic‑building rehab costs, and 25% if the project meets certain public‑interest criteria such as affordable housing or transit‑oriented development. Taxpayers must apply for an allocation from the California Tax Credit Allocation Committee and follow new timing and reporting rules. The law also sets annual credit caps, adds a new credit regime for 2027‑2030, and requires a legislative effectiveness review.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6449.). · Aug 25, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 13, 2026
• Appropriations Committee Hearing
  Appropriations · Aug 3, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Jun 24, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Jun 10, 2026
• Appropriations Committee Hearing
  Appropriations · Jan 22, 2026

History

1. Jun 3, 2026In committee: Set, first hearing. Hearing canceled at the request of author.
2. May 6, 2026Referred to Com. on REV. & TAX.
3. Jan 27, 2026In Senate. Read first time. To Com. on RLS. for assignment.
4. Jan 26, 2026Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 3836.)
5. Jan 22, 2026Read second time. Ordered to third reading.
6. Jan 22, 2026In committee: Set, first hearing. Referred to suspense file.
7. Jan 22, 2026From committee: Do pass. (Ayes 15. Noes 0.) (January 22).
8. Jan 22, 2026Assembly Rule 63 suspended. (Page 3806.)
9. Jan 20, 2026Re-referred to Com. on APPR.
10. Jan 16, 2026Read second time and amended.
11. Jan 15, 2026From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (January 12).
12. Jan 6, 2026Re-referred to Com. on REV. & TAX.

The 12 most recent of 22 recorded actions.

Sponsors

• Matt Haney (D) · sponsor
• Haney

Bill text

Opens the legislature’s own copy.

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