New California Laws 2026
An act to amend Sections 6041.2, 6295, 7292.8, 17039, 17039.4, 17052.10, 17053.91, 17053.98.1, 17055, 19282, 23691, 23698.1, 25128, and 36001 of, to amend the heading of Part 16 (commencing with Section 36001) of Division 2 of, to add Section 36006 to, to repeal Section 7292.9 of, to add and repeal Sec- tions 17052.11, 17132.9, 17132.10, 17138.7, 17157.5, 24309.2, and 24309.9 of, and to add and repeal Part 10.4.1 (commencing with Section 19910) of Division 2 of, the Revenue and Taxation Code, and to add Section 10010 to the Welfare and Institutions Code, relating to taxation, and making an appropriation therefor, to take effect immediately, bill related to the budget. SB 141, Committee on Budget and Fiscal Review. California Cannabis Tax Fund: Department of Can- nabis Control: Board of State and Community Cor- rections grants. This cannabis trailer bill contains the necessary changes to implement provisions ad- opted as part of the Budget Act of 2025. An act to amend Section 34019 of the Revenue and Taxation Code, relating to cannabis, and making an appropriation therefor, to take effect immediately, bill related to the budget. SB 159, Committee on Budget and Fiscal Review. Personal Income Tax Law: Corporation Tax Law: ex- emptions: wildfire. This bill is a revenue and taxation trailer bill for the 2025-26 Budget. This bill contains statutory changes necessary to facilitate implemen- tation of the Budget Act of 2025. An act to amend Sections 17138.7 and 24309.2 of the Revenue and Taxation Code, relating to taxation, and making an appropriation therefor, to take effect immediately, bill related to the budget. SB 293, Pérez. Real property tax: transfer of base year value: generational transfers: wildfire. This bill extends the current deadline for taxpayers to retro- actively apply a Proposition 58, 193, or 19 intergener- ational transfer from six months to three years under specified circumstances resulting from the 2025 Los Angeles Fires. An act to amend Sections 63.1 and 63.2 of the Reve- nue and Taxation Code, relating to taxation. SB 302, Padilla. Personal Income Tax Law and Corporation Tax Law: exclusions: environmental credits. This bill confirms state law to specific In- ternal Revenue Code sections added by the Inflation Reduction Act of 2022, relating to renewable energy development. An act to add and repeal Sections 17132.3 and 24310.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. SB 333, Laird. Transactions and use taxes: San Luis Obispo Council of Governments. This bill allows the San Luis Obispo Council of Governments to im- pose a district tax by ordinance of up to 1% even if it exceeds the 2% cap. An act to add Chapter 3.83 (commencing with Sec- tion 7294.5) to Part 1.7 of Division 2 of the Revenue and Taxation Code, relating to taxation. SB 359, Niello. Use Fuel Tax Law: Diesel Fuel Tax Law: exempt bus operation. This bill adds counties into the definition of exempt bus operator in the Die-
sel Fuel and Use Fuel Tax Laws. An act to amend Sections 8655 and 60039 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. SB 376, Valladares. Incomplete gift nongrantor trusts: Personal Income Tax Law. This bill amends the income exclusion requirement that applies to In- complete Gift Nongrantor Trusts (INGs) to provide that the definition of an ING does not include a trust, or portion of a trust, that qualifies as a Charitable Re- mainder Trust. An act to amend Section 17082 of the Revenue and Taxation Code, relating to taxation. SB 663, Allen. Winter Fires of 2025: real property tax: exemptions and reassessment. This bill makes four changes to property tax law under specified cir- cumstances resulting from the 2025 Los Angeles and Ventura County Fires. An act to amend Sections 70.5, 170, and 205.5 of, and to add and repeal Section 287 of, the Revenue and Taxation Code, relating to taxation, and declar- ing the urgency thereof, to take effect immediately. SB 710, Blakespear. Property taxation: active solar energy systems. This bill restates provisions of cur- rent law ensuring that any newly constructed active solar energy system that qualifies under the current exclusion before January 1, 2027, continues to do so after the exclusion ceases to remain in effect, until there is a subsequent change in ownership. An act to amend Section 73 of the Revenue and Taxation Code, relating to taxation. SB 711, McNerney. Taxation: federal conformity. This bill updates the conformity date to the Internal Revenue Code set by the Revenue and Taxation Code from January 1, 2015, to January 1, 2025, and then either specifically decouples, or enacts modified con- formity with, specific changes made by Congress to the Internal Revenue Code (IRC). An act to amend Sections 17024.5, 17052.6, 17052.12, 17053.91, 17062, 17063, 17076, 17085, 17087.5, 17131.4, 17131.8, 17140, 17140.3, 17144.5, 17201.6, 17204, 17220, 17225, 17241, 17250, 17255, 17270, 17271, 17276, 17323, 17501, 17551, 17559, 17560.5, 17564, 18031.5, 18036, 18042, 18409, 18622.5, 18631.7, 18666, 19058, 19141.5, 19144, 19167, 19183, 19852, 19900, 23400, 23453, 23455, 23456, 23609, 23691, 23711, 23806, 23809, 24308.6, 24344, 24349.1, 24356, 24357, 24358, 24365, 24416, 24440, 24459, 24465, 24601, 24661.5, 24661.6, 24673.2, 24721, and 24990.5 of, to amend and repeal Sections 17302 and 17737 of, to add Sections 17062.1, 17088.1, 17131.11, 17149.1, 17149.2, 17156.2, 17158.4, 17158.5, 17201.1, 17204.2, 17250.1, 17250.2, 17321.1, 17322.5, 17324, 17501.8, 17567, 18045, 18151.9, 19907, 21003.1, 24345.6, 24345.7, 24356.1, 24428, 24430, 24454.1, 24457, 24471.5, 24661.4, 24670, 24876, 24990.1, and 24990.9 to, to add and repeal Sections 17091 and 17201.3 of, to repeal Sections 17204.7, 17275.3, 17276.05, 24416.05, and 24462 of, and to repeal and add Sections 17062.3 and 23456.5 of, the Revenue and Taxation Code, relating to taxation, and declar- ing the urgency thereof, to take effect immediately. Continued on page 94
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