Bill Text: CA AB719 | 2017-2018 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Underground storage tanks: Expedited Claim Pilot Project.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2018-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB719 Detail]
Download: California-2017-AB719-Amended.html
NOYES
Local Program:
NO
month, year, the time period within which a person is required to submit a report or pay a sum of money under this part. The extension may be granted at any time if a request is filed with the board within, or prior to the commencement of, within the period for which the extension may be granted.SECTION 1. Section 17001 of the Revenue and Taxation Code is amended to read: 17001.
Bill Title: Underground storage tanks: Expedited Claim Pilot Project.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2018-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB719 Detail]
Download: California-2017-AB719-Amended.html
|
Amended
IN
Assembly
March 27, 2017 |
CALIFORNIA LEGISLATURE—
2017–2018 REGULAR SESSION
| Assembly Bill | No. 719 |
| Introduced by Assembly Member Fong |
February 15, 2017 |
An act to amend Section 17001 50111 of the Revenue and Taxation Code, relating to taxation.
LEGISLATIVE COUNSEL'S DIGEST
AB 719, as amended, Fong.
Personal income tax. Underground Storage Tank Maintenance Fee Law: returns and payments: extensions.
The Underground Storage Tank Maintenance Fee Law authorizes the State Board of Equalization to extend the time, for up to one month for good cause and up to 3 months in the case of a disaster, for a taxpayer to submit a report or pay a sum of money pursuant to that law. Existing law, with regard to an extension for good cause, requires a request to be filed within, or prior to the commencement of, the period for which the extension may be granted.
This bill would authorize the board to allow an extension of time for a taxpayer to submit a report or pay a sum of money under that law of up to one year for good cause and up to 2 years in the case of a
disaster. The bill would revise the filing requirement, with regard to an extension for good cause, to instead require that the request be filed within the period for which the extension may be granted.
The Personal Income Tax Law imposes taxes on the entire taxable income of California residents and on the taxable income of nonresidents derived from sources in California.
This bill would make a nonsubstantive change to the provision that names that law.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 50111 of the Revenue and Taxation Code is amended to read:50111.
(a) Except as provided in subdivision (b), the board for good cause may extend, for up to one(b) (1) In the case of a disaster, the board, for a period not to exceed three months, two years, may extend the time for making any report or return or paying any fee required under this part. The extension may be granted at any time provided a request therefor is filed with the board within or before the period for which the extension may be granted.
(2) For purposes of this section, “disaster” means fire, flood, storm, tidal wave, earthquake, or similar public calamity, whether or not resulting from natural causes.
(c) Any person to whom an extension is granted shall pay, in addition to the fee, interest at the modified adjusted rate per month, or
fraction thereof, established pursuant to Section 6591.5, from the date on which the fee would have been due without the extension until the date of payment.
This part shall be known and may be cited as the “Personal Income Tax Law.”
