AB 180: Taxation trailer bill.

Official summary

Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.

(1)Existing law, the Senior Citizens Manufactured Home Property Tax Postponement Law (manufactured home law), authorizes a claimant, as defined, to file with the Controller a claim for postponement of a sum equal to but not exceeding the amount of property taxes for the fiscal year for which the claim is made. Existing law also establishes the Senior Citizens and Disabled Citizens Property Tax Postponement Fund and continuously appropriates moneys in that fund to the Controller for specified purposes relating to the postponement of property taxes pursuant to specified law, including the manufactured home law. Existing law requires the Controller, on June 30, 2018, and June 30 of each year thereafter, to transfer any moneys in the fund in excess of $15,000,000 to the General Fund and further requires that, on July 1, 2019, and July 1 of each year thereafter, up to 1% of the amount available in the fund be available for disbursements for manufactured home property tax postponements under the manufactured home law.

This bill, beginning July 1, 2026, would increase the amount available on July 1 of each year for manufactured home property tax postponement disbursements from the above-described fund to $300,000. By increasing the limit to the amounts available for disbursement from the Senior Citizens and Disabled Citizens Property Tax Postponement Fund for property tax postponements under the manufactured home law, the bill would make an appropriation.

(2)The Personal Income Tax Law and the Corporation Tax Law allow a credit (CalCompetes tax credit) against the taxes imposed under those laws, for each taxable year beginning on and after January 1, 2014, and before January 1, 2030, in an amount as provided in a written agreement between the Governor’s Office of Business and Economic Development and the taxpayer, approved by the California Competes Tax Credit Committee, and based on specified factors, including the number of jobs the taxpayer will create or retain in the state and the amount of investment in the state by the taxpayer.

This bill would extend the CalCompetes tax credit through taxable years beginning before January 1, 2035. The bill would also make conforming changes.

(3)Existing law, the Personal Income Tax Law, generally conforms to federal tax law through January 1, 2025, including conforming to federal law in its treatment of deferred compensation, except as otherwise provided.

Existing federal law, Public Law 119-21, enacted July 4, 2025, provides for a tax-deferred investment account for children known as a 530A account.

Sponsors

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. August 6, 2026Ordered to inactive file at the request of Senator Laird.
2. June 29, 2026Read second time. Ordered to third reading.
3. June 29, 2026From committee: Do pass. (Ayes 18. Noes 0.) (June 29).
4. June 26, 2026From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F. R.
5. April 2, 2025Referred to Com. on B. & F. R.
6. March 20, 2025In Senate. Read first time. To Com. on RLS. for assignment.
7. March 20, 2025Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 17. Page 753.)
8. March 18, 2025Read second time. Ordered to third reading.
9. March 17, 2025Ordered to second reading.
10. March 17, 2025(Ayes 53. Noes 17. Page 643.)
11. March 17, 2025Withdrawn from committee.
12. February 3, 2025Referred to Com. on BUDGET.