Official Summary Text
AB 2016, as amended, Jeff Gonzalez.
Personal Income Tax Law: exclusions: military retirement pay: survivor benefit pay.
State Water Resources Control Board: drinking water: hexavalent chromium removal.
The California Safe Drinking Water Act provides for the operation of public water systems and imposes on the State Water Resources Control Board various duties and responsibilities for the regulation and control of drinking water in the State of California. The act requires the state board to adopt primary drinking water standards for contaminants in drinking water based upon specified criteria, and requires a primary drinking water standard to be established for hexavalent chromium.
This bill would appropriate $69,425,000 from the General Fund to the board for the purpose of removing hexavalent chromium from drinking water. The bill would require the board to make specified grants to specified entities to undertake construction or planning
and design of facilities to remove hexavalent chromium from drinking water.
The Personal Income Tax Law, in conformity with federal income tax laws, defines “gross income” as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income, including, for taxable years beginning on or after January 1, 2025, and before January 1, 2030, an exclusion from gross income for retirement pay received by a qualified taxpayer, as defined, during the taxable year, not to exceed $20,000, from
the federal government for service performed in the uniformed services, as defined, and an exclusion for income annuity payments received by a qualified taxpayer, as defined, not to exceed $20,000, pursuant to a United States Department of Defense Survivor Benefit Plan, as specified. Existing law defines “qualified taxpayer” for the purpose of these exclusions to mean taxpayers that satisfy specified income limitations.
This bill would amend the above-described exclusions to eliminate the income limitations for taxpayers and to eliminate the $20,000 limitation on income eligible for exclusion.
Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals that the tax expenditure will achieve, detailed performance indicators, and data collection requirements.
This bill also would
include additional information required for any bill authorizing a new tax expenditure.
This bill would take effect immediately as a tax levy.