California AB1124 excludes overtime wages for first responders from personal income tax during major disasters.

California AB1124 amends the Revenue and Taxation Code to exclude qualified overtime wages from personal income tax for first responders. This exclusion applies to first responders who reside in, are employed in, or are deployed in a county covered by a Presidential Major Disaster Declaration. The exclusion is effective for taxable years beginning on or after January 1, 2025, and before January 1, 2030. The Franchise Tax Board is authorized to create rules and guidelines to implement this exclusion. The provision expires on December 1, 2030.

California AB1124 excludes overtime wages for first responders from personal income tax during major disasters.

California AB1124 amends the Revenue and Taxation Code to exclude qualified overtime wages from personal income tax for first responders. This exclusion applies to first responders who reside in, are employed in, or are deployed in a county covered by a Presidential Major Disaster Declaration. The exclusion is effective for taxable years beginning on or after January 1, 2025, and before January 1, 2030. The Franchise Tax Board is authorized to create rules and guidelines to implement this exclusion. The provision expires on December 1, 2030.