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:
Section 17003 of the Revenue and Taxation Code
2 is amended to read:
“Franchise Tax Board” means the Franchise Tax Board
4described in Part
begin delete 10, Division 3,end delete Title 2 of the Government Code. “Board”
6means the State Board of Equalization.