republic-os/legislation/us/states/ca/20192020/ab-276.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Personal income taxes: qualified employer plan: loans: CARES Act.	The Personal Income Tax Law, in partial conformity with federal income tax law, allows a qualified employer plan, as defined, to provide specified loans to a participant or a beneficiary that are not treated as taxable distributions from the plan if specified conditions are met, including that the maximum amount that a plan may permit as a loan does not exceed (1) the greater of $10,000 or 50% of the participant's vested account balance, or (2) $50,000, whichever is less, and that generally the loan be repaid within 5 years.	us/states/ca	California Legislature	20192020	AB 276	California AB 276 (20192020)	bill	Personal income taxes: qualified employer plan: loans: CARES Act.	enacted	Friedman	9	41	10	2019-01-28	2020-09-11	openstates	ocd-bill/1f7aed69-92a7-4e01-aad8-c7b9e167bae2	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB276	4bdae0dc306464e821a7930c95ac9ed79164853f8afd5e30dc38455d6c79e445	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 276 (20192020) — Personal income taxes: qualified employer plan: loans: CARES Act.

The Personal Income Tax Law, in partial conformity with federal income tax law, allows a qualified employer plan, as defined, to provide specified loans to a participant or a beneficiary that are not treated as taxable distributions from the plan if specified conditions are met, including that the maximum amount that a plan may permit as a loan does not exceed (1) the greater of $10,000 or 50% of the participant's vested account balance, or (2) $50,000, whichever is less, and that generally the loan be repaid within 5 years.

Version chain

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

1. 01/28/19 - Introduced (filed) — source
2. 01/06/20 - Amended Assembly (committee substitute) — source
3. 01/15/20 - Amended Assembly (committee substitute) — source
4. 02/21/19 - Amended Assembly (committee substitute) — source
5. 03/21/19 - Amended Assembly (committee substitute) — source
6. 07/02/20 - Amended Senate (committee substitute) — source
7. 09/11/20 - Chaptered (committee substitute) — source
8. AB276 (committee substitute) — source
9. 09/01/20 - Enrolled (enrolled) — source

Votes

• AB 276 Friedman Concurrence in Senate Amendments — 75–0 (pass) · lower
• Do pass — 7–0 (pass) · upper
• Do pass and be re-referred to the Committee on [Appropriations] — 6–0 (pass) · lower
• Be re-referred to the Committee on [Education] — 12–0 (pass) · lower
• Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — 7–0 (pass) · upper
• With recommendation: That Senate amendments be concurred in. — 11–0 (pass) · lower
• AB 276 Friedman Assembly Third Reading — 74–0 (pass) · lower
• Do pass. — 18–0 (pass) · lower
• Special Consent AB276 — 39–0 (pass) · upper
• Placed on suspense file — 7–0 (pass) · upper

Sponsors

• Friedman — primary (person)

Timeline

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

• 2019-01-28 Read first time. To print. reading-1
• 2019-01-29 From printer. May be heard in committee February 28.
• 2019-02-07 Referred to Com. on PUB. S. referral-committee
• 2019-02-21 From committee chair, with author's amendments: Amend, and re-refer to Com. on PUB. S. Read second time and amended. reading-1, reading-2, amendment-passage, amendment-introduction
• 2019-02-25 Re-referred to Com. on PUB. S. referral-committee
• 2019-03-12 In committee: Set, first hearing. Hearing canceled at the request of author.
• 2019-03-19 In committee: Set, second hearing. Hearing canceled at the request of author.
• 2019-03-21 From committee chair, with author's amendments: Amend, and re-refer to Com. on PUB. S. Read second time and amended. reading-1, reading-2, amendment-passage, amendment-introduction
• 2019-03-25 Re-referred to Com. on PUB. S. referral-committee
• 2019-04-02 In committee: Hearing postponed by committee.
• 2020-01-06 From committee chair, with author's amendments: Amend, and re-refer to Com. on PUB. S. Read second time and amended. reading-1, reading-2, amendment-passage, amendment-introduction
• 2020-01-06 Re-referred to Com. on PUB. S. referral-committee
• 2020-01-06 Re-referred to Com. on RLS. pursuant to Assembly Rule 96. referral-committee
• 2020-01-06 From committee: Be re-referred to Com. on ED. Re-referred. (Ayes 12. Noes 0.) (January 6). Re-referred to Com. on ED. committee-passage, referral-committee
• 2020-01-15 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (January 15). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
• 2020-01-15 From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended. reading-1, reading-2, amendment-passage, amendment-introduction
• 2020-01-16 Re-referred to Com. on APPR. referral-committee
• 2020-01-23 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
• 2020-01-23 From committee: Do pass. (Ayes 18. Noes 0.) (January 23). committee-passage-favorable, committee-passage
• 2020-01-23 Read second time. Ordered to third reading. reading-1, reading-2
• 2020-01-27 Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 0. Page 3890.) passage, reading-3, reading-1
• 2020-01-28 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2020-06-23 Referred to Com. on ED. referral-committee
• 2020-07-02 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on ED. reading-1, reading-2, amendment-passage, referral-committee, amendment-introduction
• 2020-07-27 Withdrawn from committee.
• 2020-07-27 Re-referred to Com. on RLS. referral-committee
• 2020-07-27 Re-referred to Com. on GOV. & F. referral-committee
• 2020-07-30 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (July 29). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
• 2020-08-13 In committee: Referred to APPR. suspense file. referral-committee
• 2020-08-20 From committee: Do pass. (Ayes 7. Noes 0.) (August 20). committee-passage-favorable, committee-passage
• 2020-08-20 Read second time. Ordered to third reading. reading-1, reading-2
• 2020-08-25 Ordered to special consent calendar.
• 2020-08-28 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 4380.). passage, reading-3, reading-1
• 2020-08-28 In Assembly. Concurrence in Senate amendments pending.
• 2020-08-30 Re-referred to Com. on REV. & TAX. pursuant to Assembly Rule 77.2. referral-committee
• 2020-08-30 Joint Rule 62(a), file notice suspended. (Page 5274.)
• 2020-08-30 From committee: That the Senate amendments be concurred in. (Ayes 11. Noes 0.) (August 30). committee-passage
• 2020-08-30 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 75. Noes 0. Page 5378.). amendment-passage, committee-passage-favorable
• 2020-09-08 Enrolled and presented to the Governor at 4:30 p.m.
• 2020-09-11 Approved by the Governor. executive-signature
• 2020-09-11 Chaptered by Secretary of State - Chapter 62, Statutes of 2020.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/1f7aed69-92a7-4e01-aad8-c7b9e167bae2. Confidence: reported (aggregated from official California legislature records).