Income tax: exclusion: disasters.
- Exempts up to $300,000 in annual income for taxpayers whose property was damaged or deemed uninhabitable by disasters.
- Applies to income earned during the disaster year and the following year, effective from 2025 through 2035.
- Covers homeowners, residents, and business owners affected by qualifying disasters.
- Requires affected taxpayers to provide documentation to the Franchise Tax Board upon request.
Assembly Member Tangipa's disaster relief tax measure would exclude up to $300,000 in annual income from state taxation for California residents and businesses whose properties become uninhabitable due to disasters. The exclusion would apply during both the year of the disaster and the following year.
The proposal defines qualified recipients as property owners, residents, or business operators whose real estate burns or becomes uninhabitable due to a disaster as defined in state law. To claim the exclusion, taxpayers must provide documentation to the Franchise Tax Board verifying their eligibility. The measure's authors state its purpose is enabling disaster victims to focus on recovery without tax burden concerns.
If enacted, the exclusion would take effect immediately and remain available for disasters occurring between 2025 and 2035, after which the provisions would sunset. The bill requires majority approval but no direct appropriation of state funds.
 Sharon Quirk-SilvaD Assembly Member | Committee Member |  Not Contacted | |
 Mike GipsonD Assembly Member | Committee Member | Not Contacted | |
 Tina McKinnorD Assembly Member | Committee Member | Not Contacted | |
 Jasmeet BainsD Assembly Member | Committee Member | Not Contacted | |
 Tri TaR Assembly Member | Committee Member | Not Contacted |
| Bill Number | Title | Introduced Date | Status | Link to Bill |
|---|---|---|---|---|
AB-376 | Personal Income Tax Law: exclusions: insurance proceeds: wildfires. | February 2025 | Introduced | |
SB-1004 | Income taxes: exclusions: wildfires. | February 2024 | Failed | |
AB-294 | Personal Income Tax Law: Corporation Tax Law: wildfires: exclusions. | January 2023 | Failed |
Email the authors or create an email template to send to all relevant legislators.
Introduced By
- Exempts up to $300,000 in annual income for taxpayers whose property was damaged or deemed uninhabitable by disasters.
- Applies to income earned during the disaster year and the following year, effective from 2025 through 2035.
- Covers homeowners, residents, and business owners affected by qualifying disasters.
- Requires affected taxpayers to provide documentation to the Franchise Tax Board upon request.
Email the authors or create an email template to send to all relevant legislators.
Introduced By
Assembly Member Tangipa's disaster relief tax measure would exclude up to $300,000 in annual income from state taxation for California residents and businesses whose properties become uninhabitable due to disasters. The exclusion would apply during both the year of the disaster and the following year.
The proposal defines qualified recipients as property owners, residents, or business operators whose real estate burns or becomes uninhabitable due to a disaster as defined in state law. To claim the exclusion, taxpayers must provide documentation to the Franchise Tax Board verifying their eligibility. The measure's authors state its purpose is enabling disaster victims to focus on recovery without tax burden concerns.
If enacted, the exclusion would take effect immediately and remain available for disasters occurring between 2025 and 2035, after which the provisions would sunset. The bill requires majority approval but no direct appropriation of state funds.
Sharon Quirk-SilvaD Assembly Member | Committee Member | Not Contacted | |
Mike GipsonD Assembly Member | Committee Member | Not Contacted | |
Tina McKinnorD Assembly Member | Committee Member | Not Contacted | |
Jasmeet BainsD Assembly Member | Committee Member | Not Contacted | |
Tri TaR Assembly Member | Committee Member | Not Contacted |
| Bill Number | Title | Introduced Date | Status | Link to Bill |
|---|---|---|---|---|
AB-376 | Personal Income Tax Law: exclusions: insurance proceeds: wildfires. | February 2025 | Introduced | |
SB-1004 | Income taxes: exclusions: wildfires. | February 2024 | Failed | |
AB-294 | Personal Income Tax Law: Corporation Tax Law: wildfires: exclusions. | January 2023 | Failed |