Gallagher Bill to Provide Tax Relief for Fire Victims Passes First Committee (01/10/2022)
Sacramento – Today the Assembly Committee on Revenue & Taxation passed AB 1249, Assemblyman James Gallagher’s (R-Yuba City) legislation that would 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, “AB 1249 is a…