California Revenue and Taxation Code

§ 17053.5

RTC § 17053.5 Effective Jun 30, 2025Div. 2 · Part 10 · Ch. 2

Statute text

(a)(1) For a qualified renter, there shall be allowed a credit against the renter’s “net tax,” as defined in Section 17039. The amount of the credit shall be as follows:

(A)For spouses filing joint returns, heads of household, and surviving spouses, as defined in Section 17046, if adjusted gross income is fifty thousand dollars ($50,000) or less, the credit shall be equal to:

(i)For taxable years beginning before January 1, 2026, one hundred twenty dollars ($120).

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Legislative history

Amended by Stats. 2025, Ch. 22, Sec. 65. (AB 130) Effective June 30, 2025.