Personal Income Tax Law: deferred compensation: exclusions: long-term qualified tuition program.

Summary

The bill changes California tax law so that distributions from a long‑term qualified tuition program, such as the Scholarshare trust, are not counted as gross income when they are transferred directly to a Roth IRA. The exemption applies to taxable years beginning Jan. 1, 2025 through Dec. 31, 2029 and aligns state rules with recent federal tax changes. It also adds reporting and performance‑tracking requirements but provides no new funding.

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

Vote

From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0. Page 1083.) (May 14). Re-referred to Com. on APPR. · May 14, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 19, 2025
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · May 14, 2025

History

1. Feb 2, 2026Returned to Secretary of Senate pursuant to Joint Rule 56.
2. May 23, 2025May 23 hearing: Held in committee and under submission.
3. May 20, 2025Set for hearing May 23.
4. May 19, 2025May 19 hearing: Placed on APPR. suspense file.
5. May 15, 2025Set for hearing May 19.
6. May 14, 2025From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0. Page 1083.) (May 14). Re-referred to Com. on APPR.
7. Apr 29, 2025From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.
8. Mar 18, 2025Set for hearing May 14.
9. Mar 5, 2025Referred to Com. on REV. & TAX.
10. Feb 21, 2025From printer. May be acted upon on or after March 23.
11. Feb 20, 2025Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

• Niello · sponsor
• Alanis
• Chen
• Choi
• Hadwick
• Jones
• Ochoa Bogh
• Strickland
• Valladares
• Wallis
• Wilson

Bill text

Opens the legislature’s own copy.

Similar bills in other states

Loading the map of where bills like this one were filed.

Topics

Share