Fire Recovery Legislation

 

AB 1249: State Income Tax Exemption

  • Summary: AB 1249 would clarify California’s tax code to exclude all types of claimants from paying state taxes on compensation for damages received out of PG&E’s “Fire Victims Trust”.  This would help ensure fire victims receive just compensation for the economic and non-economic damages caused by the fires.
  • Progress:
    • 2/19/21 Introduced
    • 1/11/22 Passed from the Assembly Revenue & Taxation Committee and referred to the Assembly Appropriations Committee
    • 1/20/22 Passed from the Assembly Appropriations Committee and will be heard on the floor next week

 AB 1078: Solar Panel Exemption for Wildfire Victims

  • Summary: AB 1078 would exempt homes that must be rebuilt due to destruction in a Governor-declared state of emergency from any requirement for solar panels that was not in place at the time of original construction. It would give Camp Fire victims additional time to rebuild without being subject the solar panel requirement while also extending relief to victims of some of the largest fires in state history including the August Complex, SCU Lightning Complex, LNU Lightning Complex as well as the Glass, Zogg, and Creek fires.
  • Progress:
    • 2/18/21 Introduced
    • 1/11/22 Passed from the Assembly Natural Resources Committee and referred to the Assembly Appropriations Committee
Fire Recovery Legislation