Section 17131.17 - [Effective until 12/1/2026] Bill credits pursuant to the California Arrearage Payment Program (CAPP) excluded from gross income(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 under the California Arrearage Payment Program (CAPP), 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2 of the Government Code).(b) This section shall remain in effect only until December 1, 2026, and as of that date is repealed.Ca. Rev. and Tax. Code § 17131.17
Added by Stats 2022 ch 3 (SB 113),s 10, eff. 2/9/2022. See Stats 2022 ch 3 (SB 113), s 24.