California Legislature—2015–16 Regular Session

Assembly BillNo. 485


Introduced by Assembly Member Williams

(Principal coauthor: Senator Allen)

February 23, 2015


An act to amend Section 17003 of the Revenue and Taxation Code, relating to taxation.

LEGISLATIVE COUNSEL’S DIGEST

AB 485, as introduced, Williams. Personal income taxes.

The Personal Income Tax Law imposes taxes on income and provides a definition for the Franchise Tax Board for purposes of that law.

This bill would make a nonsubstantive change to that definition.

Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.

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

P1    1

SECTION 1.  

Section 17003 of the Revenue and Taxation Code
2 is amended to read:

3

17003.  

“Franchise Tax Board” means the Franchise Tax Board
4described in Partbegin delete 10, Division 3,end deletebegin insert 10 (commencing with Section
515700) of Division 3 ofend insert
Title 2 of the Government Code. “Board”
6means the State Board of Equalization.



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