SB 353: Income tax: credits: food banks.
SB 353 status: Hearing Scheduled — June 29 hearing. Held in committee and under submission (updated Jun 30, 2026).
What this bill does
Overall score
Bill summary
OfficialThe Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws, including, for taxable years beginning on or after January 1, 2017, and before January 1, 2027, a credit for qualified taxpayers in an amount equal to 15% of the qualified value of fresh fruits or vege...
Key analysis
Impact analysis
Environment
Benefits
- No direct environmental benefit identified
Risks
- No direct environmental risk identified
Economy
Benefits
- Extends tax credits for food donations, potentially increasing agricultural product utilization.
- Encourages businesses to donate surplus food, reducing waste.
Risks
- Reduces state tax revenue due to the extended credit.
Society
Benefits
- Increases support for food banks by incentivizing donations.
- Ensures continued availability of tax credits for food donations.
Risks
- No direct social risk identified
How trustworthy & consequential it is
Source
LegiScan
Confidence
highhigh
Analysis status
LegiScan full bill text
The bill extends the tax credit indefinitely, which could have long-term implications for state revenue.
The bill amends existing tax law; full understanding requires reviewing the cited sections of the Revenue and Taxation Code.
Where it stands
Introduced
CompleteCommittee
CurrentJune 29 hearing. Held in committee and under submission.
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