California · 2025–26 Regular Session · Assembly Bill
AB 1354: Personal Income Tax Law: credits: insurance.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
AB 1354 is a assembly bill introduced in the California Assembly on February 21, 2025. According to its official title, it concerns: Personal Income Tax Law: credits: insurance. Primary sponsor: Greg Wallis (R), Heath Flora (R). Most recent recorded action (June 5, 2025): From committee: Without further action pursuant to Joint Rule 62(a).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.
The Personal Income Tax Law allows various credits against the tax imposed by that law.
This bill would, for taxable years beginning on or after January 1, 2026, and before January 1, 2031, allow a credit against that tax to a qualified taxpayer, as defined, equal to the amount paid during the taxable year for premium payments made by the taxpayer for a policy of residential property insurance, as defined, minus the base year premium, defined as the premium paid by the taxpayer for a fire insurance policy in the 2023 calendar year.
Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives 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.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Greg Wallis | Primary sponsor | Republican | Assembly | 47 |
| Heath Flora | Primary sponsor | Republican | Assembly | 9 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- From committee: Without further action pursuant to Joint Rule 62(a).
- In committee: Set, final hearing. Held under submission.
- Re-referred to Com. on REV. & TAX.
- From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
- In committee: Set, second hearing. Referred to suspense file.
- In committee: Set, first hearing. Hearing canceled at the request of author.
- Referred to Com. on REV. & TAX.
- Read first time.
- From printer. May be heard in committee March 24.
- Introduced. To print.