Revenue and Taxation Code section 24308.5

(a)

For taxable years beginning on or after January 1, 2021, and before January 1, 2026, gross income does not include a bill credit or credits received by a customer from a utility applicant pursuant to the California Arrearage Payment Program Under the American Rescue Plan Act of 2021 (Article 12 (commencing with Section 16429.5) of Chapter 2 of Part 2 of Division 4 of Title 2 of the Government Code).

(b)

This section shall remain in effect only until December 1, 2026, and as of that date is repealed.

Source: Section 24308.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=24308.­5.­ (updated Feb. 9, 2022; accessed Nov. 17, 2025).

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Verified:
Nov. 17, 2025

§ 24308.5's source at ca​.gov