Assemblymember Wallis announced that Assembly Bill 2312 has successfully passed out of the Revenue and Taxation Committee. The bill proposes a significant change to state income tax deductions, allowing Californians to deduct 100% of the interest paid on student loans, regardless of whether they itemize deductions.
Property owners in Riverside County paid 0.5% of the value of their homes in property taxes in the first quarter of 2024, which is less than 0.4 times the national average, according to the real estate analysis posted by Coachella Today.