BILL NUMBER: AB 2439	CHAPTERED  07/20/06

	CHAPTER  90
	FILED WITH SECRETARY OF STATE  JULY 20, 2006
	APPROVED BY GOVERNOR  JULY 20, 2006
	PASSED THE SENATE  JUNE 29, 2006
	PASSED THE ASSEMBLY  APRIL 27, 2006

INTRODUCED BY   Assembly Member Klehs

                        FEBRUARY 23, 2006

   An act to add Section 19303 to the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2439, Klehs  Taxation: refunds: direct deposit.
   The Personal Income Tax Law imposes taxes on taxable income and is
administered by the Franchise Tax Board. Existing law authorizes the
Franchise Tax Board to electronically deposit a taxpayer's refund
into the taxpayer's checking or savings account.
   This bill would authorize the Franchise Tax Board to allow an
individual taxpayer to request that his or her refund be
electronically deposited into more than one checking or savings
account.


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


  SECTION 1.  Section 19303 is added to the Revenue and Taxation
Code, to read:
   19303.  The Franchise Tax Board shall revise returns required to
be filed pursuant to Article 1 (commencing with Section 18501) of
Chapter 2 of Part 10.2 of Division 2 to allow a taxpayer, who is an
individual, to designate more than one account at financial
institutions for direct deposit of the taxpayer's refund.