AB-1620 • 2026

Personal Income Tax Law: deductions: homeowners’ insurance premiums.

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Sanchez
Last action: 2026-05-14
Official status: In committee: Held under submission.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Personal Income Tax Law: deductions: homeowners’ insurance premiums.

AB 1620, as amended, Sanchez.

What This Bill Does

AB 1620, as amended, Sanchez.
Personal Income Tax Law: deductions: homeowners’ insurance premiums.
The Personal Income Tax Law, in modified conformity with federal income tax laws, generally allows various deductions in computing the income that is subject to the tax imposed by that law.
This bill, for taxable years beginning on or after January 1, 2026, and before January 1, 2031, would allow a deduction in computing income for the amount paid or incurred by a taxpayer qualified taxpayer, as defined, during the taxable year as premiums on a homeowners’ insurance policy on the taxpayer’s primary residence, as defined.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-05-14 California Legislative Information
In committee: Held under submission.
2026-05-14 California Legislative Information
Joint Rule 62(a), file notice suspended. (Page 5030.)
2026-05-13 California Legislative Information
In committee: Set, first hearing. Referred to APPR. suspense file.
2026-04-30 California Legislative Information
Re-referred to Com. on APPR.
2026-04-29 California Legislative Information
Read second time and amended.
2026-04-28 California Legislative Information
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 27).
2026-03-16 California Legislative Information
In committee: Set, first hearing. Referred to suspense file.
2026-02-02 California Legislative Information
Referred to Com. on REV. & TAX.
2026-01-23 California Legislative Information
From printer. May be heard in committee February 22.
2026-01-22 California Legislative Information
Read first time. To print.

Official Summary Text

AB 1620, as amended, Sanchez.
Personal Income Tax Law: deductions: homeowners’ insurance premiums.
The Personal Income Tax Law, in modified conformity with federal income tax laws, generally allows various deductions in computing the income that is subject to the tax imposed by that law.
This bill, for taxable years beginning on or after January 1, 2026, and before January 1, 2031, would allow a deduction in computing income for the amount paid or incurred by a
taxpayer
qualified taxpayer, as defined,
during the taxable year as premiums on a homeowners’ insurance policy on the taxpayer’s primary residence, as defined.
Existing law requires a bill authorizing a new tax expenditure to
contain, among other things, specific goals, purposes, and objectives the tax expenditure will achieve, detailed performance indicators, and data collection requirements.
This bill would include additional information required for any bill authorizing a new tax expenditure.
This bill would take effect immediately as a tax levy.

Current Bill Text

Read the full stored bill text

Download Bill PDF