Bill Text: CA AB3346 | 2019-2020 | Regular Session | Introduced

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Bill Title: Personal income taxes.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-02-24 - Read first time. [AB3346 Detail]

Download: California-2019-AB3346-Introduced.html

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CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Assembly Bill

No. 3346

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Introduced by Assembly Member Diep

February 21, 2020

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An act to amend Section 17011 of the Revenue and Taxation Code, relating to taxation.

LEGISLATIVE COUNSEL'S DIGEST

AB 3346, as introduced, Diep. Personal income taxes.

The Personal Income Tax Law imposes taxes on income and provides definitions of specified terms for purposes of that law, including a definition for “fiscal year.”

This bill would make a nonsubstantive change to that definition provision.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 17011 of the Revenue and Taxation Code is amended to read:

17011.

 “Fiscal year” means an accounting period of 12 months ending that ends on the last day of any month other than December.