Fabio
103 lines
7.6 KiB
Markdown
103 lines
7.6 KiB
Markdown
---
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type: "Bill"
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title: "Personal Income Tax Law and Corporation Tax Law: exclusions: environmental credits."
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description: "Existing law, the Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally defines \"gross income\" as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income. Existing federal law authorizes an applicable entity, as defined, to receive a refund for specified environmental credits against the taxes imposed under federal law and excludes a refund payment made pursuant to that law from gross income. Existing federal law also authorizes an eligible taxpayer, as defined, to transfer the value of that refundable credit and exempts from gross income payment received by the transferor as consideration for the transfer. Existing federal law prohibits the transferee from deducting the amount paid as consideration for the transfer."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20252026"
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identifier: "SB 302"
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citation: "California SB 302 (20252026)"
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classification: ["bill"]
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subjects: ["PersonalIncomeTaxLawandCorporationTaxLaw", "environmentalcredits", "exclusions"]
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status: "enacted"
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primary_sponsors: ["Padilla"]
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version_count: 6
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action_count: 29
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vote_count: 8
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first_action: "2025-02-10"
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last_action: "2025-10-01"
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source: "openstates"
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source_identifier: "ocd-bill/4dd0fbda-79c6-48a2-a109-2f0a7ad01234"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB302"
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source_hash: "8a585bcaab1b875c82995ab0e6dc95e5684a79ff35a6be7d3274a89bacf8a1bd"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California SB 302 (20252026) — Personal Income Tax Law and Corporation Tax Law: exclusions: environmental credits.
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Existing law, the Personal Income Tax Law and the Corporation Tax Law, in conformity with federal income tax law, generally defines "gross income" as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income. Existing federal law authorizes an applicable entity, as defined, to receive a refund for specified environmental credits against the taxes imposed under federal law and excludes a refund payment made pursuant to that law from gross income. Existing federal law also authorizes an eligible taxpayer, as defined, to transfer the value of that refundable credit and exempts from gross income payment received by the transferor as consideration for the transfer. Existing federal law prohibits the transferee from deducting the amount paid as consideration for the transfer.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **02/10/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB302&version=20250SB30299INT)
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2. **03/27/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB302&version=20250SB30298AMD)
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3. **07/17/25 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB302&version=20250SB30297AMD)
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4. **10/01/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB302&version=20250SB30295CHP)
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5. **SB302** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB302)
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6. **09/13/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB302&version=20250SB30296ENR)
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## Votes
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- SB 302 Padilla Senate Third Reading By Petrie-Norris — **79–0** (pass) · lower
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- Special Consent SB302 Padilla et al. — **38–0** (pass) · upper
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- Do pass — **6–0** (pass) · upper
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- Do pass. — **15–0** (pass) · lower
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- Placed on suspense file — **7–0** (pass) · upper
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- Unfinished Business SB302 Padilla et al. Concurrence — **40–0** (pass) · upper
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- Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — **5–0** (pass) · upper
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- Do pass as amended and be re-referred to the Committee on [Appropriations] — **7–0** (pass) · lower
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## Sponsors
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- Padilla — primary (person)
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- Allen — coauthor (person)
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- Becker — coauthor (person)
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- Irwin — coauthor (person)
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- Petrie-Norris — coauthor (person)
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- Stern — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-02-10** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
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- **2025-02-11** From printer. May be acted upon on or after March 13.
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- **2025-02-19** Referred to Com. on REV. & TAX. `referral-committee`
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- **2025-03-18** Set for hearing March 26.
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- **2025-03-26** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 568.) (March 26). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2025-03-27** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee`
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- **2025-04-01** Set for hearing April 7.
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- **2025-04-07** April 7 hearing: Placed on APPR. suspense file.
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- **2025-05-16** Set for hearing May 23.
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- **2025-05-23** From committee: Do pass. (Ayes 6. Noes 0. Page 1195.) (May 23). `committee-passage, committee-passage-favorable`
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- **2025-05-23** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2025-05-27** Ordered to special consent calendar.
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- **2025-05-29** Read third time. Passed. (Ayes 38. Noes 0. Page 1324.) Ordered to the Assembly. `passage, reading-1, reading-3`
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- **2025-05-29** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2025-06-05** Referred to Com. on REV. & TAX. `referral-committee`
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- **2025-07-01** June 30 hearing postponed by committee.
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- **2025-07-15** July 14 set for first hearing. Placed on REV. & TAX. suspense file.
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- **2025-07-17** Assembly Rule 63 suspended. (Ayes 49. Noes 15. Page 2578.)
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- **2025-07-17** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (July 14). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2025-07-17** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee`
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- **2025-08-20** August 20 set for first hearing. Placed on APPR. suspense file.
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- **2025-08-29** From committee: Do pass. (Ayes 15. Noes 0.) (August 29). `committee-passage, committee-passage-favorable`
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- **2025-09-02** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2025-09-10** Read third time. Passed. (Ayes 79. Noes 0. Page 3175.) Ordered to the Senate. `passage, reading-1, reading-3`
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- **2025-09-10** In Senate. Concurrence in Assembly amendments pending.
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- **2025-09-11** Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2881.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
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- **2025-09-22** Enrolled and presented to the Governor at 11 a.m.
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- **2025-10-01** Approved by the Governor. `executive-signature`
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- **2025-10-01** Chaptered by Secretary of State. Chapter 215, Statutes of 2025. `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4dd0fbda-79c6-48a2-a109-2f0a7ad01234`. Confidence: reported (aggregated from official California legislature records).
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