---
type: "Bill"
title: "Income taxes: exclusion: deferral: qualified small business stock."
description: "The Personal Income Tax Law, in modified conformity with federal law, provides various exclusions from gross income in computing tax liability."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "AB 1412"
citation: "California AB 1412 (20132014)"
classification: ["bill"]
subjects: ["Income taxes: exclusion: deferral: qualified small business stock."]
status: "enacted"
primary_sponsors: ["Bocanegra"]
version_count: 7
action_count: 32
vote_count: 6
first_action: "2013-03-19"
last_action: "2013-10-04"
source: "openstates"
source_identifier: "ocd-bill/2c9f9382-ec00-4ebc-a0d4-d74059450f82"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1412"
source_hash: "292a2b9f49f116144c9861c509ba27f24a41ad5225ce75fff8d814ed8b5c3d05"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 1412 (20132014) — Income taxes: exclusion: deferral: qualified small business stock.

The Personal Income Tax Law, in modified conformity with federal law, provides various exclusions from gross income in computing tax liability.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **03/19/13 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1412&version=20130AB141299INT)
2. **05/24/13 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1412&version=20130AB141298AMD)
3. **07/10/13 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1412&version=20130AB141297AMD)
4. **09/06/13 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1412&version=20130AB141296AMD)
5. **10/04/13 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1412&version=20130AB141294CHP)
6. **AB1412** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1412)
7. **09/18/13 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1412&version=20130AB141295ENR)

## Votes

- W/O REF. TO FILE AB1412 Bocanegra By Lieu — **36–1** (pass) · upper
- Do pass and be re-referred to the Committee on Appropriations. — **8–0** (pass) · lower
- AB 1412 REV. & TAX. Assembly Third Reading By BOCANEGRA — **78–0** (pass) · lower
- Do pass as amended. — **17–0** (pass) · lower
- AB 1412 BOCANEGRA Concurrence in Senate Amendments — **77–0** (pass) · lower
- Do pass as amended, and re-refer to the Committee on Appropriations. — **7–0** (pass) · upper

## Sponsors

- Bocanegra — primary (person)
- Gatto — author (person)
- Gorell — coauthor (person)
- Lieu — principal coauthor (person)
- Perea — coauthor (person)
- Wieckowski — coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2013-03-19** Read first time. To print. `reading-1`
- **2013-03-20** From printer. May be heard in committee April 19.
- **2013-04-01** Referred to Com. on REV. & TAX. `referral-committee`
- **2013-04-29** In committee: Set, first hearing. Referred to REV. & TAX. suspense file. `referral-committee`
- **2013-04-30** From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 29). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2013-05-08** In committee: Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2013-05-24** From committee: Do pass as amended. (Ayes 17. Noes 0.) (May 24). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-05-24** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2013-05-28** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2013-05-30** Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1828.) `reading-3, reading-1, passage`
- **2013-06-03** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2013-06-13** Referred to Com. on GOV. & F. `referral-committee`
- **2013-07-09** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (July 3). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-07-10** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-2, reading-1, referral-committee`
- **2013-08-08** In committee: Set, first hearing. Hearing canceled at the request of author.
- **2013-08-19** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage`
- **2013-08-20** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2013-08-22** Ordered to inactive file at the request of Senator Padilla.
- **2013-09-06** From inactive file.
- **2013-09-06** Ordered to second reading.
- **2013-09-06** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2013-09-09** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2013-09-09** Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(c). `referral-committee`
- **2013-09-09** Re-referred to Com. on GOV. & F. `referral-committee`
- **2013-09-11** Withdrawn from committee.
- **2013-09-11** Ordered to third reading.
- **2013-09-11** Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 1. Page 2354.). `reading-3, reading-1, passage`
- **2013-09-11** In Assembly. Concurrence in Senate amendments pending.
- **2013-09-12** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 3287.). `committee-passage-favorable, amendment-passage`
- **2013-09-26** Enrolled and presented to the Governor at 4:30 p.m.
- **2013-10-04** Approved by the Governor. `executive-signature`
- **2013-10-04** Chaptered by Secretary of State - Chapter 546, Statutes of 2013.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2c9f9382-ec00-4ebc-a0d4-d74059450f82`. Confidence: reported (aggregated from official California legislature records).