California Revenue and Taxation Code

§ 17132.4

RTC § 17132.4 Effective Jan 1, 2021Div. 2 · Part 10 · Ch. 3 · Art. 3

Statute text

(a)For taxable years beginning on or after January 1, 2005, gross income does not include the death benefits received by an eligible individual.

(b)For purposes of this section:

(1)“Death benefit” means the entire amount of the death benefit payment made pursuant to Chapter 3.5 (commencing with Section 850) of Division 4 of the Military and Veterans Code.

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Legislative history

Amended by Stats. 2020, Ch. 97, Sec. 46. (AB 2193) Effective January 1, 2021.