Personal income taxes: income exclusion: mortgage debt forgiveness.
The Personal Income Tax Law provides for modified conformity to specified provisions of federal income tax law relating to the exclusion of the discharge of qualified principal residence indebtedness, as defined, from an individual's income if that debt is discharged after January 1, 2007, and before January 1, 2013, as provided. The federal American Taxpayer Relief Act of 2012 extended the operation of those provisions to qualified principal residence indebtedness that is discharged before January 1, 2014.
us/states/ca
California Legislature
20132014
AB 1393
California AB 1393 (20132014)
bill
Personal income taxes: income exclusion: mortgage debt forgiveness.
California AB 1393 (20132014) — Personal income taxes: income exclusion: mortgage debt forgiveness.
The Personal Income Tax Law provides for modified conformity to specified provisions of federal income tax law relating to the exclusion of the discharge of qualified principal residence indebtedness, as defined, from an individual's income if that debt is discharged after January 1, 2007, and before January 1, 2013, as provided. The federal American Taxpayer Relief Act of 2012 extended the operation of those provisions to qualified principal residence indebtedness that is discharged before January 1, 2014.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 1393 INS. Consent Calendar Second Day — 76–0 (pass) · lower
Sponsors
Perea — primary (person)
Cannella — principal coauthor (person)
Cooley — coauthor (person)
Evans — principal coauthor (person)
Fox — coauthor (person)
Muratsuchi — coauthor (person)
Quirk-Silva — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2013-03-04 Read first time. To print. reading-1
2013-03-05 From printer. May be heard in committee April 4.
2013-03-14 Referred to Com. on INS. referral-committee
2013-04-10 From committee: Do pass. To consent calendar. (Ayes 13. Noes 0.) (April 10). committee-passage-favorable, committee-passage
2013-04-11 Read second time. Ordered to consent calendar. reading-2, reading-1
2013-04-18 Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1008.) reading-3, reading-1, passage
2013-04-18 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2013-05-02 Referred to Com. on L. & I.R. referral-committee
2013-06-12 From committee: Do pass. (Ayes 4. Noes 0.) (June 12). committee-passage-favorable, committee-passage
2013-06-13 Read second time. Ordered to third reading. reading-2, reading-1
2013-09-06 Read third time and amended. Ordered to second reading. reading-3, 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
2014-04-07 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS. amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee
2014-04-22 Re-referred to Com. on GOV. & F. referral-committee
2014-05-19 From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (May 14). committee-passage-favorable, committee-passage, amendment-passage
2014-05-20 Read second time and amended. Re-referred to Com. on APPR. amendment-passage, reading-2, reading-1, referral-committee
2014-06-15 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee
2014-06-23 From committee: Do pass. (Ayes 7. Noes 0.) (June 23). committee-passage-favorable, committee-passage
2014-06-24 Read second time. Ordered to third reading. reading-2, reading-1
2014-06-25 Ordered to special consent calendar.
2014-06-26 From consent calendar.
2014-06-26 Ordered to third reading.
2014-06-30 Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 34. Noes 0. Page 4195.). reading-3, reading-1, passage
2014-06-30 In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 2 pursuant to Assembly Rule 77.
2014-07-03 Urgency clause adopted. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 5799.). committee-passage-favorable, amendment-passage
2014-07-11 Enrolled and presented to the Governor at 3:30 p.m.
2014-07-21 Approved by the Governor. executive-signature
2014-07-21 Chaptered by Secretary of State - Chapter 152, Statutes of 2014.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/579c776a-ff61-4e54-b960-c960ac883a73. Confidence: reported (aggregated from official California legislature records).