AB 558 is sponsored by Portantino.

Where can I track AB 558?

Track AB 558 free on One Click Politics — get push/email alerts when it moves.

California 2011-2012 Regular Session Status: In Committee

AB 558 — Taxation: retirement plan distributions: penalties.

Last action February 01, 2012 — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

No card. One bill, free forever — alerts when it moves.

✓
Introduced
2
In Committee
3
Passed Assembly
4
Passed Senate
5
To Executive
6
Enacted

This bill died with 2011-2012 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The Personal Income Tax Law, in modified conformity to federal income tax laws, imposes a tax upon early distributions from qualified pension plans, as provided. This bill would, for taxable years beginning on or after January 1, 2011, and before January 1, 2013, waive that tax for the first $25,000, distributed to individuals who have exhausted their unemployment insurance benefits. This bill would take effect immediately as a tax levy.

Bill Text

Amended 05/18/11 - Amended Assembly Current pdf May 18, 2011
Introduced 02/16/11 - Introduced pdf February 16, 2011
AB558 View text html

Action History

February 01, 2012
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
February 01, 2012
Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
May 27, 2011
Held under submission.
May 27, 2011
In committee: Set, first hearing. Referred to APPR. suspense file.
May 19, 2011
Re-referred to Com. on APPR.
May 18, 2011
Read second time and amended.
May 17, 2011
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (May 16).
May 09, 2011
In committee: Set, second hearing. Referred to REV. & TAX. suspense file.
May 02, 2011
In committee: Hearing postponed by committee.
April 26, 2011
In committee: Hearing postponed by committee.
April 04, 2011
In committee: Set, first hearing. Hearing canceled at the request of author.
March 03, 2011
Referred to Com. on REV. & TAX.
February 17, 2011
From printer. May be heard in committee March 19.
February 16, 2011
Read first time. To print.

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Portantino

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do pass as amended and be re-referred to the Committee on Appropriations.

May 16, 2011

Passed 8 Yea · 0 Nay · 1 Other

Party	Yea	Nay	Present	Not Voting
Unaffiliated	7	0	0	1
Democratic	1	0	0	0
Total	8	0	0	1
% of votes cast	89%	0%	0%	11%

How each member voted (9)

Member	Party	Vote
Gordon	—	Yea
Cedillo	—	Not Voting
Nestande	—	Yea
Beall	—	Yea
Donnelly	—	Yea
Perea	—	Yea
Harkey	—	Yea
Fuentes	—	Yea
Calderon, Lisa	Democratic	Yea

Official roll call →

Subjects

taxation

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 558 do?: The Personal Income Tax Law, in modified conformity to federal income tax laws, imposes a tax upon early distributions from qualified pension plans, as provided. This bill would, for taxable years beginning on or after January 1, 2011, and before January 1, 2013, waive that tax for the first $25,000, distributed to individuals who have exhausted their unemployment insurance benefits. This bill would take effect immediately as a tax levy.
Who sponsors AB 558?: AB 558 is sponsored by Portantino.
What is the current status of AB 558?: This bill died with 2011-2012 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 558?: Track AB 558 free on One Click Politics — get push/email alerts when it moves.

Keep track of this bill

Add this bill to your alerts and we'll email you when it moves — or keep it on a watchlist and see it in your weekly digest.

Create a free account →

At a glance

Identifier: AB 558
Jurisdiction: California
Session: 2011-2012 Regular Session
Type: Bill
Introduced: February 16, 2011
Status: In Committee
Prime sponsor: Portantino

Make your voice heard on AB 558

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of AB 558

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →