California · 2025–26 Regular Session · Assembly Bill

AB 490: Personal Income Tax Law: deduction from gross income: car loan interest payments.

Did not advance Last action February 2, 2026: From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

Plain-language summary

AB 490 is a assembly bill introduced in the California Assembly on February 10, 2025. According to its official title, it concerns: Personal Income Tax Law: deduction from gross income: car loan interest payments. Primary sponsor: David Tangipa (R). Most recent recorded action (February 2, 2026): From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

Sponsors

Primary sponsor: David Tangipa (Republican).