California legislation · 2025-2026 Regular Session
California AB760: Income taxes: exclusions: 2026 Garden Grove chemical leak.
Status: Vetoed, September 27, 2026
What the bill says
An act to add and repeal Sections 17138.9 and 24309.8 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. taxation, to take effect immediately, tax levy Income taxes: exclusions: 2026 Garden Grove chemical leak. The Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally define “gross income” as income from whatever source derived, except as specifically excluded, and provide various exclusions from gross income…
From the enrolled text, September 4, 2026:
An act to add and repeal Sections 17138.9 and 24309.8 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. taxation, to take effect immediately, tax levy Income taxes: exclusions: 2026 Garden Grove chemical leak. The Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally define “gross income” as income from whatever source derived, except as specifically excluded, and provide various exclusions from gross income. This bill would, for taxable years beginning on or after January 1, 2027, and before January 1, 2032, provide an exclusion from gross income for any qualified taxpayer, as defined, for amounts received for costs and losses associated with the 2026 Garden Grove chemical leak, as provided. Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals that 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 take effect immediately as a tax levy. MAJORITY NO YES NO YES NO YES NO NO NO NO The people of the State of California do enact as follows: SECTION 1. (a) The Legislature finds and declares all of the following: (1) In 2026, a chemical leak …
Sponsors
- Tri Ta (R, AD70) · primary sponsor
- Tony Strickland (R, SD36)
- Phillip Chen (R, AD59)
- Laurie Davies (R, AD74)
- Diane Dixon (R, AD72)
- Sharon Quirk-Silva (D, AD67)
- Kate Sanchez (R, AD71)
- Steven Choi (R, SD37)
- Thomas Umberg (D, SD34)
Latest actions
- : Vetoed by Governor.
- : Enrolled and presented to the Governor at 1:30 p.m.
- : Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6975.).
- : Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0.).
- : From committee: That the Senate amendments be concurred in. (Ayes 7. Noes 0.) (August 27).
- : Joint Rule 62(a), file notice suspended. (Page 6563.)
- : Joint Rule 62(a), file notice suspended.
- : Re-referred to Com. on REV. & TAX. pursuant to Assembly Rule 77.2.
- : In Assembly. Concurrence in Senate amendments pending.
- : Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.).
Votes
- AB 760 Ta Concurrence in Senate Amendments (August 31, 2026): 78 yea, 0 nay, passed
- With recommendation: That Senate amendments be concurred in. (August 27, 2026): 7 yea, 0 nay, passed
- Assembly 3rd Reading AB760 Ta et al. By Umberg (August 24, 2026): 40 yea, 0 nay, passed
- Do pass as amended (August 13, 2026): 7 yea, 0 nay, passed
- Placed on suspense file (August 3, 2026): 7 yea, 0 nay, passed
- Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] (June 24, 2026): 4 yea, 0 nay, passed
Common questions
- What is AB760?
- AB760 is a bill in the California Legislature (2025-2026 Regular Session): Income taxes: exclusions: 2026 Garden Grove chemical leak.
- What does AB760 do?
- In its own words: An act to add and repeal Sections 17138.9 and 24309.8 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. taxation, to take effect immediately, tax levy Income taxes: exclusions: 2026 Garden Grove chemical leak. The Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally define “gross income” as income from whatever source derived, except as specifically excluded, and provide various exclusions from gross income…
- What is the status of AB760?
- Vetoed as of September 27, 2026. Latest action: Vetoed by Governor. (September 27, 2026).
- Who sponsored AB760?
- Tri Ta (R, AD70), with 8 co-sponsors.
- Where is the official record for AB760?
- On the California Legislature website: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB760
Source: official California record. Tracked by Delilah, AI for legislation across all 50 states and Congress.