Relating to: a tax credit for relocating to this state due to Hurricane Helene or the Los Angeles wildfires. (FE)

AB 139 creates a $10,000 tax credit for residents of Los Angeles County, California, or North Carolina who relocated to this state due to Hurricane Helene (2024) or the Los Angeles wildfires (January 2025). It directly affects individuals who lived in those areas before the disasters, moved to this state because of them, and filed income tax returns in LA County or North Carolina for 2022-2023. To qualify, claimants must not have a felony conviction and must file the credit within the timeframe specified in tax law. The credit applies against state income tax for taxable years 2025, up to the full amount of the tax liability.