California would conform to tax treatment of retirement account loans that are part of the federal coronavirus relief law under a bill approved by lawmakers.
A.B. 276 by Assemblywoman Laura Friedman (D) won final approval in the Assembly late Sunday. Gov. Gavin Newsom (D) hasn’t taken a position on the bill, which passed the Senate 39-0 Aug. 28. An earlier version of the bill with unrelated provisions first passed the Assembly ...