---
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: "SB 209"
citation: "California SB 209 (20132014)"
classification: ["bill"]
subjects: ["Income taxes: exclusion: deferral: qualified small business stock."]
status: "enacted"
primary_sponsors: ["Lieu"]
version_count: 8
action_count: 31
vote_count: 8
first_action: "2013-02-11"
last_action: "2013-10-04"
source: "openstates"
source_identifier: "ocd-bill/6227051d-9b6d-41de-89df-a2dee949fd86"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB209"
source_hash: "a39d21f79d2d8956925949b0e4e5ef55f2cde787cc9d779fbbcb00d853a392e3"
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 SB 209 (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. **02/11/13 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20999INT)
2. **04/03/13 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20998AMD)
3. **05/24/13 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20997AMD)
4. **09/04/13 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20996AMD)
5. **09/11/13 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20995AMD)
6. **10/04/13 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20993CHP)
7. **SB209** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB209)
8. **09/18/13 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB209&version=20130SB20994ENR)

## Votes

- 3rd Reading — **34–3** (pass) · upper
- Placed on Appropriations Suspense file. — **5–0** (pass) · upper
- Do pass, but re-refer to the Committee on Appropriations. — **6–1** (pass) · upper
- Do pass and be re-referred to the Committee on Appropriations. — **9–0** (pass) · lower
- SB 209 Lieu Senate Third Reading By GORELL — **73–0** (pass) · lower
- Do pass as amended. — **5–0** (pass) · upper
- Unfinished Supp 2 SB209 Lieu Concurrence — **36–2** (pass) · upper
- Do pass as amended. — **17–0** (pass) · lower

## Sponsors

- Lieu — primary (person)
- Gorell — principal coauthor (person)
- Perea — principal coauthor (person)

## Timeline

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

- **2013-02-11** Introduced. Read first time. To Com. on RLS. for assignment. To print. `reading-1, introduction`
- **2013-02-12** From printer. May be acted upon on or after March 14.
- **2013-02-21** Referred to Com. on RLS. `referral-committee`
- **2013-04-03** From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. `committee-passage, amendment-passage, reading-2, reading-1, referral-committee`
- **2013-04-11** Re-referred to Com. on GOV. & F. `referral-committee`
- **2013-04-16** Set for hearing May 1.
- **2013-05-01** From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1. Page 751.) (May 1). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2013-05-03** Set for hearing May 13.
- **2013-05-13** Placed on APPR. suspense file.
- **2013-05-17** Set for hearing May 23.
- **2013-05-23** From committee: Do pass as amended. (Ayes 5. Noes 0. Page 1008.) (May 23). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-05-24** Read second time and amended. Ordered to third reading. `reading-2, reading-1, amendment-passage`
- **2013-05-30** Read third time. Passed. (Ayes 34. Noes 3. Page 1197.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2013-05-30** In Assembly. Read first time. Held at Desk. `reading-1`
- **2013-06-14** Referred to Com. on REV. & TAX. `referral-committee`
- **2013-08-12** Set, first hearing. Referred to REV. & TAX. suspense file. `referral-committee`
- **2013-08-12** From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (August 12). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2013-08-21** Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2013-09-03** From committee: Do pass as amended. (Ayes 17. Noes 0.) (August 30). `committee-passage-favorable, committee-passage, amendment-passage`
- **2013-09-04** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2013-09-05** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2013-09-11** Assembly Rule 69(e) suspended. (Page 3196.)
- **2013-09-11** Read third time and amended. (Page 3197.) `reading-3, reading-1, amendment-passage`
- **2013-09-11** Ordered to third reading.
- **2013-09-12** Assembly Rule 69(d) suspended. (Page 3272.)
- **2013-09-12** Read third time. Passed. (Ayes 73. Noes 0. Page 3273.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2013-09-12** In Senate. Concurrence in Assembly amendments pending.
- **2013-09-12** Assembly amendments concurred in. (Ayes 36. Noes 2. Page 2434.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2013-09-20** 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 543, Statutes of 2013.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6227051d-9b6d-41de-89df-a2dee949fd86`. Confidence: reported (aggregated from official California legislature records).