Bill
SB 657
Personal Income Tax Law: deferred compensation: exclusions: long-term qualified tuition program.
2025-2026 Regular Session
Introduced by Juan Alanis and 10 co-sponsors
SB 657 exempts 529 qualified education plan distributions from California state income tax, reducing taxes for families using college savings accounts but decreasing state revenue.
May 23 hearing: Held in committee and under submission.