Section 17158.5

Rev. & Tax. Code § 17158.5, under Items Specifically Excluded from Gross Income.

Rev. & Tax. Code § 17158.5

Section 3 of the Federal Disaster Tax Relief Act of 2023 (Public Law 118-148), relating to exclusion from gross income for compensation for losses or damages resulting from certain wildfires, shall not apply.

(Added by Stats. 2025, Ch. 231, Sec. 26. (SB 711) Effective October 1, 2025.)