California · 2025–26 Regular Session · Assembly Bill
AB 376: Personal Income Tax Law: Corporation Tax Law: wildfires: exclusions.
Did not advance Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Did not advance
Last official action: ·Record last updated:
Plain-language summary
AB 376 is a assembly bill introduced in the California Assembly on February 3, 2025. According to its official title, it concerns: Personal Income Tax Law: Corporation Tax Law: wildfires: exclusions. Primary sponsor: David Tangipa (R). Most recent recorded action (February 2, 2026): From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
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 and the Corporation Tax Law, in conformity with federal income tax law, generally defines “gross income” as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income.
This bill would, for taxable years beginning on or after January 1, 2023, and before January 1, 2028, provide an exclusion from gross income for a qualified taxpayer, as defined, for amounts received for costs and losses associated with wildfires, as provided.
Existing law requires a bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives the tax expenditure will achieve, detailed performance indicators, and data collection requirements.
This bill would include additional information required for any bill authorizing a new tax expenditure.
This bill would make findings and declarations related to a gift of public funds.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| David Tangipa | Primary sponsor | Republican | Assembly | 8 |
“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: Filed with the Chief Clerk pursuant to Joint Rule 56.
- Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
- In committee: Held under submission.
- In committee: Set, second hearing. Referred to REV. & TAX. suspense file.
- 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, first hearing. Hearing canceled at the request of author.
- Referred to Com. on REV. & TAX.
- From printer. May be heard in committee March 6.
- Read first time. To print.