Read second time. Ordered to third reading.
Summary
SB 1151 adds infant formula to the list of food products that are not subject to state and local sales and use taxes, starting on Jan. 1, 2027 and ending on Jan. 1, 2040. The exemption covers retailers’ gross receipts from selling, storing, using, or otherwise consuming infant formula in California. The bill also states that the state will not reimburse local agencies for any tax revenue they lose because of this exemption.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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