Bill Text: CA AB1833 | 2013-2014 | Regular Session | Introduced

---

Bill Title: Personal income taxes: voluntary contributions:

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-04-28 - In committee: Set, second hearing. Hearing canceled at the request of author. [AB1833 Detail]

Download: California-2013-AB1833-Introduced.html

---

BILL NUMBER: AB 1833	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Garcia

                        FEBRUARY 18, 2014

   An act to amend Section 18724 of the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1833, as introduced, Garcia. Personal income taxes: voluntary
contributions: California Fund for Senior Citizens.
   Existing law allows an individual to designate on his or her tax
return that a specified amount in excess of his or her tax liability
be transferred to the California Fund for Senior Citizens. Existing
law requires moneys in the California Fund for Senior Citizens, upon
appropriation by the Legislature, to be allocated to the Franchise
Tax Board and the Controller for reimbursement of costs, as provided,
and the balance to the California Senior Legislature, for its
ongoing activities on behalf of older persons. Existing law requires
the funds allocated to the California Senior Legislature to be spent
pursuant to the purview of the Joint Rules Committee of the
California Senior Legislature in a manner consistent with the bylaws
of the California Senior Legislature, as specified.
   Existing law provides that these provisions remain in effect only
until January 1, 2020, and as of December 1, 2020, are repealed, but
further provides for an earlier repeal if the Franchise Tax Board
determines that the amount of contributions estimated to be received
during a calendar year will not at least equal the specified minimum
contribution amount for that calendar year, in which case these
provisions would be repealed on December 1 of that year.
   This bill would eliminate that minimum contribution requirement.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 18724 of the Revenue and Taxation Code is
amended to read:
   18724.  (a) Except as otherwise provided in subdivision (b), this
article shall remain in effect only for taxable years beginning
before January 1, 2020, and as of December 1, 2020, is repealed.

   (b) (1) By September 1, 2006, and by September 1 of each
subsequent calendar year that the California Fund for Senior Citizens
appears on a tax return, the Franchise Tax Board shall determine
whether the amount of contributions estimated to be received during
the calendar year will equal or exceed two hundred fifty thousand
dollars ($250,000). The Franchise Tax Board shall estimate the amount
of contributions to be received by using the actual amounts received
and an estimate of the contributions that will be received by the
end of that calendar year.  
   (2) The Franchise Tax Board shall provide written notification to
the California Senior Legislature of the amount determined pursuant
to paragraph (1).  
   (3) If the Franchise Tax Board determines the amount of
contributions estimated to be received during a calendar year will
not at least equal the minimum contribution amount for the calendar
year, this article shall become inoperative for taxable years
beginning on or after January 1 of that calendar year, and shall be
repealed on December 1 of that calendar year.  
   (4) For purposes of this section, the minimum contribution amount
for a calendar year means two hundred fifty thousand dollars
($250,000).  
   (c) 
    (b)  Notwithstanding the repeal of this article, any
contribution amounts designated pursuant to this article prior to its
repeal shall continue to be transferred and disbursed in accordance
with this article as in effect immediately prior to that repeal.