Gallagher Bill to Provide Tax Relief for Wildfire Victims Signed by Governor (09/29/2022)
SACRAMENTO- Today Governor Newsom signed Assemblyman James Gallagher’s (R-Yuba City) Assembly Bill 1249 to make PG&E wildfire victims’ settlement payments tax-free. AB 1249 will provide financial relief to wildfire victims by exempting them from paying state taxes on settlement payments made out of PG&E’s “Fire Victims Trust”. Gallagher said, “Today is…