Assembly BillIntroducedRevenue and Taxation
AB 1550: Personal income taxes: deductions: tips: overtime compensation.
What AB 1550 does, verified April 29, 2026
The bill aims to modify the personal income tax law to conform to federal income tax laws regarding qualified tips and overtime compensation. This change would allow taxpayers to deduct these amounts from their taxable income, in addition to the standard deduction. The bill requires the inclusion of specific goals, performance indicators, and data collection requirements for any new tax expenditure. Additionally, the bill adds new information requirements for tax expenditures. The changes would take effect immediately as a tax levy.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: In committee: Set, final hearing. Held under submission. (2026-04-27)Alert me
Author and sponsors
Full contact details, staff, and committees with Connect, $15/moUnlockRecent actions8 total · showing 5
| Apr. 27, 2026 | In committee: Set, final hearing. Held under submission. |
| Apr. 06, 2026 | In committee: Set, second hearing. Referred to REV. & TAX. suspense file. |
| Mar. 17, 2026 | Re-referred to Com. on REV. & TAX. |
| Mar. 16, 2026 | In committee: Set, first hearing. Hearing canceled at the request of author. |
| Mar. 16, 2026 | From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended. |