California Legislature—2015–16 Regular Session

Assembly Bill No. 2430

Introduced by Assembly Member Beth Gaines

February 19, 2016

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

LEGISLATIVE COUNSEL’S DIGEST

AB 2430, as introduced, Beth Gaines. Personal income taxes.

The Personal Income Tax Law imposes taxes on income and provides a definition of 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 1.  

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

17003.  

“Franchise Tax Board” means the Franchise Tax Board
described in Part begin delete 10, Division 3, end delete begin insert 10 (commencing with Section
15700) of Division 3 of end insert Title 2 of the Government Code. “Board”
means the State Board of Equalization.