BILL NUMBER: AB 2201	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Brough
   (Coauthors: Assembly Members Gallagher, Gipson, Mullin, and
Waldron)
   (Coauthors: Senators Anderson, Berryhill, Cannella, Gaines, Huff,
Nielsen, and Vidak)

                        FEBRUARY 18, 2016

   An act to repeal and add Sections 6591.6, 7655.5, 8876.5, 12631.5,
30281.5, 32252.5, 40101.5, 41095.5, 43155.5, 45153.5, 46154.5,
50112.1, 55042.5, and 60207.5 to the Revenue and Taxation Code,
relating to taxation.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 2201, as introduced, Brough. State Board of Equalization:
administration: interest.
   Existing law requires the payment of interest on late payments, or
late prepayments, of tax, fee, or surcharge payments at the modified
adjusted rate per month under the provisions of the Sales and Use
Tax Law, Motor Vehicle Fuel Tax Law, Use Fuel Tax Law, Cigarette and
Tobacco Products Tax Law, Alcoholic Beverage Tax Law, Energy
Resources Surcharge Law, Emergency Telephone Users Surcharge Act,
Hazardous Substances Tax Law, Integrated Waste Management Fee Law,
Oil Spill Response, Prevention, and Administration Fees Law,
Underground Storage Tank Maintenance Fee Law, Fee Collection
Procedures Law, Diesel Fuel Tax Law, and the law governing the
taxation of insurance companies. Interest is charged on a per-month
basis, with one month's interest charged for each month, or fraction
of a month, that a payment or prepayment is unpaid. Existing law,
until January 1, 2016, allowed the members of the State Board of
Equalization, meeting as a public body, to find, under specified
circumstances, that it is inequitable to compute interest on a
monthly basis and to instead compute interest on a daily basis with
respect to electronic payments or prepayments of taxes, fees, and
surcharges.
   This bill would reinstate those provisions.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


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

  SECTION 1.  Section 6591.6 of the Revenue and Taxation Code is
repealed. 
   6591.6.  (a) If the board finds, taking into account all facts and
circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or the prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 2.  Section 6591.6 is added to the Revenue and Taxation Code,
to read:
   6591.6.  (a) If the board finds, taking into account all facts and
circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or the prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
  SEC. 3.  Section 7655.5 of the Revenue and Taxation Code is
repealed. 
   7655.5.  (a) If the board finds, taking into account all facts and
circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or the prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 4.  Section 7655.5 is added to the Revenue and Taxation Code,
to read:
   7655.5.  (a) If the board finds, taking into account all facts and
circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or the prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
  SEC. 5.  Section 8876.5 of the Revenue and Taxation Code is
repealed. 
   8876.5.  (a) If the board finds, taking into account all facts and
circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

   (g) This section shall be operative only until January 1, 2016.

  SEC. 6.  Section 8876.5 is added to the Revenue and Taxation Code,
to read:
   8876.5.  (a) If the board finds, taking into account all facts and
circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

  SEC. 7.  Section 12631.5 of the Revenue and Taxation Code is
repealed. 
   12631.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, or a determination where no return has
been filed.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 8.  Section 12631.5 is added to the Revenue and Taxation Code,
to read:
   12631.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, or a determination where no return has
been filed.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
  SEC. 9.  Section 30281.5 of the Revenue and Taxation Code is
repealed. 
   30281.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no report or return
has been filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

   (g) This section shall be operative only until January 1, 2016.

  SEC. 10.  Section 30281.5 is added to the Revenue and Taxation
Code, to read:
   30281.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no report or return
has been filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

  SEC. 11.  Section 32252.5 of the Revenue and Taxation Code is
repealed. 
   32252.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

   (g) This section shall be operative only until January 1, 2016.

  SEC. 12.  Section 32252.5 is added to the Revenue and Taxation
Code, to read:
   32252.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

  SEC. 13.  Section 40101.5 of the Revenue and Taxation Code is
repealed. 
   40101.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the surcharge was
due until the date of payment, if all of the following occur:
   (1) The payment of the surcharge was made one business day after
the date the surcharge was due.
   (2) The person was granted relief from all penalties that applied
to that payment of the surcharge.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, or a determination where no return has
been filed.
   (f) This section shall only apply to electronic payments of
surcharges.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 14.  Section 40101.5 is added to the Revenue and Taxation
Code, to read:
   40101.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the surcharge was
due until the date of payment, if all of the following occur:
   (1) The payment of the surcharge was made one business day after
the date the surcharge was due.
   (2) The person was granted relief from all penalties that applied
to that payment of the surcharge.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, or a determination where no return has
been filed.
   (f) This section shall only apply to electronic payments of
surcharges.
  SEC. 15.  Section 41095.5 of the Revenue and Taxation Code is
repealed. 
   41095.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the surcharge was
due until the date of payment, if all of the following occur:
   (1) The payment of the surcharge was made one business day after
the date the surcharge was due.
   (2) The person was granted relief from all penalties that applied
to that payment of the surcharge.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, or a determination where no return has
been filed.
   (f) This section shall only apply to electronic payments of
surcharges.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 16.  Section 41095.5 is added to the Revenue and Taxation
Code, to read:
   41095.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the surcharge was
due until the date of payment, if all of the following occur:
   (1) The payment of the surcharge was made one business day after
the date the surcharge was due.
   (2) The person was granted relief from all penalties that applied
to that payment of the surcharge.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, or a determination where no return has
been filed.
                                              (f) This section shall
only apply to electronic payments of surcharges.
  SEC. 17.  Section 43155.5 of the Revenue and Taxation Code is
repealed. 
   43155.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or the prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no report or return
has been filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 18.  Section 43155.5 is added to the Revenue and Taxation
Code, to read:
   43155.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax or
prepayment was due until the date of payment, if all of the following
occur:
   (1) The payment of tax or the prepayment was made one business day
after the date the tax or prepayment was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax or prepayment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no report or return
has been filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments or
prepayments of taxes.
  SEC. 19.  Section 45153.5 of the Revenue and Taxation Code is
repealed. 
   45153.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 20.  Section 45153.5 is added to the Revenue and Taxation
Code, to read:
   45153.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
  SEC. 21.  Section 46154.5 of the Revenue and Taxation Code is
repealed. 
   46154.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 22.  Section 46154.5 is added to the Revenue and Taxation
Code, to read:
   46154.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed, or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
  SEC. 23.  Section 50112.1 of the Revenue and Taxation Code is
repealed. 
   50112.1.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 24.  Section 50112.1 is added to the Revenue and Taxation
Code, to read:
   50112.1.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
  SEC. 25.  Section 55042.5 of the Revenue and Taxation Code is
repealed. 
   55042.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
   (g) This section shall be operative only until January 1, 2016.

  SEC. 26.  Section 55042.5 is added to the Revenue and Taxation
Code, to read:
   55042.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the fee was due
until the date of payment, if all of the following occur:
   (1) The payment of the fee was made one business day after the
date the fee was due.
   (2) The person was granted relief from all penalties that applied
to that fee payment.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of fees.
  SEC. 27.  Section 60207.5 of the Revenue and Taxation Code is
repealed. 
   60207.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.

   (g) This section shall be operative only until January 1, 2016.

  SEC. 28.  Section 60207.5 is added to the Revenue and Taxation
Code, to read:
   60207.5.  (a) If the board finds, taking into account all facts
and circumstances, that it is inequitable to compute interest at the
modified adjusted rate per month or fraction thereof, as defined in
subdivision (b) of Section 6591.5, interest shall be computed at the
modified adjusted daily rate from the date on which the tax was due
until the date of payment, if all of the following occur:
   (1) The payment of tax was made one business day after the date
the tax was due.
   (2) The person was granted relief from all penalties that applied
to that payment of tax.
   (3) The person files a request for an oral hearing before the
board.
   (b) For purposes of this section, "modified adjusted daily rate"
means the modified adjusted rate per annum as defined in subdivision
(a) of Section 6591.5 determined on a daily basis by dividing the
modified adjusted rate per annum by 365.
   (c) For purposes of this section, "board" means the members of the
State Board of Equalization meeting as a public body.
   (d) For purposes of this section, "business day" means any day
other than a Saturday, Sunday, or any day designated as a state
holiday.
   (e) This section shall not apply to any payment made pursuant to a
deficiency determination, a determination where no return has been
filed or a jeopardy determination issued by the board.
   (f) This section shall only apply to electronic payments of taxes.