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AB 376

Revises provisions relating to insurance. (BDR 57-1009)

2025 Regular Session Introduced by Carrie Buck and 4 co-sponsors

AB 376 temporarily excludes from income tax certain wildfire-related settlement and insurance proceeds for property replacement in declared-emergency areas, 2023–2028 (and 2025–203

Approved by the Governor. Chapter 423.
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Bill text & amendments

AB376 Letter of Testimony in Support submitted by Anahit Baghshetsyan on behalf of Nevada Policy AB376 Proposed Amendment submitted by Adam Plain on behalf of Business and Industry Division of Insurance AB376 Letter of Testimony in Support submitted by Charles Cohn AB 376 Letter in Support submitted by Suasan Bauman, NIIA Executive Director AB 376 Letter in Support submitted by Mark Sektnan, Vice-President, American Property Casualty Insurance Association AB376 Letter of Testimony in Support submitted by Sabrina Schnur on behalf of the American Property Casualty Insurance Association AB376 Letter of Testimony in Opposition submitted by Rajat Jain AB376 Work Session Document and Amendment AB 376: Administrative, Regulatory, and Financial Considerations for Self-Insured Employers submitted by Tim Ghan AB376 Letter of Testimony in Opposition submitted by Michael DeLong on behalf of the Consumer Federation of America (CFA) AB 376 Proposed Amendment submitted by Assemblymember P.K. O'Neill