Files
2026-07-06 17:28:36 -04:00

7.5 KiB
Raw Permalink Blame History

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 Tax Law: Corporation Tax Law: insurance tax law: low-income housing tax credit: Existing law establishes a low-income housing tax credit program pursuant to which the California Tax Credit Allocation Committee (CTCAC) provides procedures and requirements for the allocation, in modified conformity with federal law, of state insurance, personal income, and corporation tax credit amounts to qualified low-income housing projects that have been allocated, or qualify for, a federal low-income housing tax credit, and farmworker housing. Existing law limits the total annual amount of the state low-income housing credit for which a federal low-income housing credit is required, as specified. That law authorizes a taxpayer to make an election in its application to the CTCAC to sell all or any portion of any credit allowed. us/states/ca California Legislature 20252026 AB 480 California AB 480 (20252026)
bill
CorporationTaxLaw
PersonalIncomeTaxLaw
insurancetaxlaw
low-incomehousingtaxcredit
enacted
Quirk-Silva
4 28 9 2025-02-10 2025-10-10 openstates ocd-bill/0075fb14-2293-4bcd-96c4-179c163d8dfc http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB480 946c9d85e4cbfee48760652f1573cbe64398c01474d333391f12ad7fb1fa262a 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California AB 480 (20252026) — Personal Income Tax Law: Corporation Tax Law: insurance tax law: low-income housing tax credit:

Existing law establishes a low-income housing tax credit program pursuant to which the California Tax Credit Allocation Committee (CTCAC) provides procedures and requirements for the allocation, in modified conformity with federal law, of state insurance, personal income, and corporation tax credit amounts to qualified low-income housing projects that have been allocated, or qualify for, a federal low-income housing tax credit, and farmworker housing. Existing law limits the total annual amount of the state low-income housing credit for which a federal low-income housing credit is required, as specified. That law authorizes a taxpayer to make an election in its application to the CTCAC to sell all or any portion of any credit allowed.

Version chain

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

  1. 02/10/25 - Introduced (filed) — source
  2. 10/10/25 - Chaptered (committee substitute) — source
  3. AB480 (committee substitute) — source
  4. 09/08/25 - Enrolled (enrolled) — source

Votes

  • Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — 50 (pass) · upper
  • Do pass and be re-referred to the Committee on [Appropriations] — 70 (pass) · lower
  • Do pass. — 140 (pass) · lower
  • Special Consent AB480 Quirk-Silva By McNerney — 390 (pass) · upper
  • Do pass, but first be re-referred to the Committee on [Revenue and Taxation] with the recommendation: To Consent Calendar — 90 (pass) · upper
  • Do pass and be re-referred to the Committee on [Revenue and Taxation] with recommendation: To Consent Calendar — 100 (pass) · lower
  • AB 480 Quirk-Silva Assembly Third Reading — 790 (pass) · lower
  • Placed on suspense file — 60 (pass) · upper
  • Do pass — 70 (pass) · upper

Sponsors

  • Quirk-Silva — primary (person)

Timeline

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

  • 2025-02-10 Read first time. To print. reading-1
  • 2025-02-11 From printer. May be heard in committee March 13.
  • 2025-02-24 Referred to Coms. on REV. & TAX. and H. & C.D. referral-committee
  • 2025-03-03 Re-referred to Coms. on H. & C.D. and REV. & TAX. pursuant to Assembly Rule 96. referral-committee
  • 2025-03-26 From committee: Do pass and re-refer to Com. on REV. & TAX. with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (March 26). Re-referred to Com. on REV. & TAX. committee-passage, committee-passage-favorable, referral-committee
  • 2025-04-21 In committee: Hearing postponed by committee.
  • 2025-04-28 In committee: Set, first hearing. Referred to REV. & TAX. suspense file. referral-committee
  • 2025-04-29 From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 28). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
  • 2025-05-14 In committee: Hearing postponed by committee.
  • 2025-05-21 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
  • 2025-05-21 Joint Rule 62(a), file notice suspended. (Page 1627.)
  • 2025-05-23 From committee: Do pass. (Ayes 14. Noes 0.) (May 23). committee-passage, committee-passage-favorable
  • 2025-05-27 Read second time. Ordered to third reading. reading-1, reading-2
  • 2025-06-02 Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 1832.) passage, reading-1, reading-3
  • 2025-06-03 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
  • 2025-06-11 Referred to Coms. on HOUSING and REV. & TAX. referral-committee
  • 2025-06-18 From committee: Do pass and re-refer to Com. on REV. & TAX. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (June 17). Re-referred to Com. on REV. & TAX. committee-passage, committee-passage-favorable, referral-committee
  • 2025-07-09 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (July 9). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
  • 2025-08-13 In committee: Hearing postponed by committee.
  • 2025-08-25 In committee: Referred to suspense file. referral-committee
  • 2025-08-29 From committee: Do pass. (Ayes 7. Noes 0.) (August 29). committee-passage, committee-passage-favorable
  • 2025-08-29 Read second time. Ordered to third reading. reading-1, reading-2
  • 2025-09-02 Ordered to special consent calendar.
  • 2025-09-04 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2521.). passage, reading-1, reading-3
  • 2025-09-04 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
  • 2025-09-11 Enrolled and presented to the Governor at 4 p.m.
  • 2025-10-10 Approved by the Governor. executive-signature
  • 2025-10-10 Chaptered by Secretary of State - Chapter 492, Statutes of 2025. became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/0075fb14-2293-4bcd-96c4-179c163d8dfc. Confidence: reported (aggregated from official California legislature records).