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Author of AB 97 seeks tax exemption for Bobcat Fire settlements; bill moved to suspense file
2665768 · March 17, 2025
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Summary
Assemblymember Lackey presented AB 97 to exempt settlement payments arising from the 2020 Bobcat Fire from state taxation; the committee referred the bill to the suspense file after supporters emphasized fairness to victims and references to prior vetoes directing budgetary resolution.
AB 97, introduced by Assemblymember Lackey, would exempt settlement payments related to damages from the 2020 Bobcat Fire from California gross income.
Lackey told the committee the bill is similar in purpose to others on the docket, arguing it…
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