The California Governor signed the Budget Act of 2025. The legislation includes providing that the California Tax Credit Allocation Committee may allocate up to $500 million for the 2026 calendar year in state low-income housing tax credits. The law took effect on June 27. [S.B. 101, enacted 06/27/25]
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.