AB 195·CA·house
Income taxes: exclusions: wildfire loss mitigation payments.
Passed One ChamberFiled Jan 8, 2025
Sponsor: Committee on Budget
Latest Action
Read second time. Ordered to third reading.
Aug 31, 2026
Summary
The bill would let taxpayers who receive payments for wildfire loss mitigation treat those payments as non‑taxable income. This reduces the tax burden for individuals or entities involved in mitigation efforts. It aims to provide tax relief to those helping protect communities from wildfire damage.
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