BILL NUMBER: AB 1286	CHAPTERED
	BILL TEXT

	CHAPTER  664
	FILED WITH SECRETARY OF STATE  OCTOBER 9, 2013
	APPROVED BY GOVERNOR  OCTOBER 9, 2013
	PASSED THE SENATE  AUGUST 19, 2013
	PASSED THE ASSEMBLY  MAY 16, 2013
	AMENDED IN ASSEMBLY  MAY 8, 2013

INTRODUCED BY   Assembly Member Skinner
   (Coauthors: Assembly Members Frazier and Perea)

                        FEBRUARY 22, 2013

   An act to amend Section 18796 of the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1286, Skinner. Personal income tax: voluntary contributions:
California Breast Cancer Research Fund.
   The Personal Income Tax Law allows taxpayers, until January 1,
2018, to designate on their tax returns that a specified amount in
excess of their tax liability be contributed to the California Breast
Cancer Research Fund. The minimum contribution amount is adjusted
each year to correct for inflation.
   This bill would specify that for calendar years 2014 and 2015 the
minimum contribution shall be equal to the minimum contribution
amount for the 2013 calendar year.


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

  SECTION 1.  Section 18796 of the Revenue and Taxation Code is
amended to read:
   18796.  (a) This article shall remain in effect only until January
1, 2018, and as of that date is repealed.
   (b) (1) By September 1, 2006, and by September 1 of each
subsequent calendar year that the California Breast Cancer Research
Fund appears on a tax return, the Franchise Tax Board shall do all of
the following:
   (A) Determine the minimum contribution amount required to be
received during the next calendar year for the fund to appear on the
tax return for the taxable year that includes that next calendar
year.
   (B) Provide written notification to the University of California
of the amount determined in subparagraph (A).
   (C) Determine whether the amount of contributions estimated to be
received during the calendar year will equal or exceed the minimum
contribution amount determined by the Franchise Tax Board for the
calendar year pursuant to subparagraph (A). The Franchise Tax Board
shall estimate the amount of the 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) 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 minimum contribution amount for the calendar
year, this article is repealed with respect to taxable years
beginning on or after January 1 of that calendar year.
   (3) For purposes of this section, the minimum contribution amount
for a calendar year means two hundred fifty thousand dollars
($250,000) for the 1997 calendar year or the minimum contribution
amount adjusted pursuant to subdivision (c).
   (c) Except as provided in subdivision (d), each calendar year,
beginning with calendar year 1998, the Franchise Tax Board shall
adjust, on or before September 1 of that calendar year, the minimum
contribution amount specified in subdivision (b) as follows:
   (1) The minimum contribution amount for the calendar year shall be
an amount equal to the product of the minimum contribution amount
for the prior calendar year multiplied by the inflation factor
adjustment as specified in paragraph (2) of subdivision (h) of
Section 17041, rounded off to the nearest dollar.
   (2) The inflation factor adjustment used for the calendar year
shall be based on the figures for the percentage change in the
California Consumer Price Index that are received on or before August
1 of the calendar year pursuant to paragraph (1) of subdivision (h)
of Section 17041.
   (d) For calendar years 2014 and 2015 the minimum contribution
shall be equal to the minimum contribution amount for the 2013
calendar year. This amount shall be adjusted pursuant to subdivision
(c) beginning with the 2016 calendar year.
   (e) 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.