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.
Cal. Rev. & Tax. Code § 17158.5
Items Specifically Excluded from Gross Income
Added by Stats. 2025, Ch. 231, Sec. 26
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.