California § 17131.20. 17131.20. (Added by Stats. 2022, Ch. 61, Sec. 12.)

California Statutes

§ 17131.20. — 17131.20. (Added by Stats. 2022, Ch. 61, Sec. 12.)

California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 10. PART 10. PERSONAL INCOME TAX·Ch. 3. CHAPTER 3. Computation of Taxable Income·Art. 3. ARTICLE 3. Items Specifically Excluded from Gross Income

(a)For taxable years beginning on or after January 1, 2022, and before January 1, 2027, gross income does not include a bill credit or credits received by a customer from a utility applicant under the 2022 California Arrearage Payment Program, pursuant to Article 13 (commencing with Section 16429.8) of Chapter 2 of Part 2 of Division 4 of Title 2 of the Government Code.

(b)This section shall remain in effect only until December 1, 2027, and as of that date is repealed.

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(a)
For taxable years beginning on or after January 1, 2022, and before January 1, 2027, gross income does not include a bill credit or credits received by a customer from a utility applicant under the 2022 California Arrearage Payment Program, pursuant to Article 13 (commencing with Section 16429.8) of Chapter 2 of Part 2 of Division 4 of Title 2 of the Government Code.
(b)
This section shall remain in effect only until December 1, 2027, and as of that date is repealed.

California § 17131.20. (17131.20. (Added by Stats. 2022, Ch. 61, Sec. 12.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.