BILL ANALYSIS
AB 132
Page 1
Date of Hearing: May 7, 2003
ASSEMBLY COMMITTEE ON APPROPRIATIONS
Darrell Steinberg, Chair
AB 132 (Chavez) - As Amended: April 21, 2003
Policy Committee: Revenue and
Taxation Vote: 7-0
Urgency: No State Mandated Local Program:
No Reimbursable:
SUMMARY
This bill provides ordering rules to be used by the Franchise
Tax Board (FTB) when adding income tax checkoffs to the personal
income tax return.
FISCAL EFFECT
Negligible. This bill merely clarifies the ordering rules to be
used by FTB when adding income tax checkoffs to the form.
COMMENTS
1)Background . Current law allows taxpayers to contribute money
to one or more of 11 voluntary contribution funds by checking
a box on their state income tax return. California law
requires contributions made through checkoffs to be made from
taxpayers' own resources (not from their tax liability, as is
possible on federal tax returns). Checkoff amounts may be
claimed as charitable contributions on taxpayers' tax returns
during the subsequent year.
To address the concern that the proliferation of income tax
checkoffs would require California's 540-Series tax forms to
be expanded from two to three pages, at a cost to the state of
several million dollars annually, the Legislature has in
recent years incorporated language into checkoff bills
requiring a $250,000 minimum contribution requirement for a
checkoff to remain on the tax form, and the requirement that
an existing checkoff be removed before a new one is added to
the tax form (so-called queuing language).
AB 132
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2)Purpose . This bill, sponsored by the author, is intended to
do two things: a) allow FTB to add contingent income tax
checkoffs to the return if there is room to do so, regardless
of how many checkoffs were removed from the return that year,
and b) clarify the ordering rules that should be used by FTB
when adding contingent checkoffs to the return.
Analysis Prepared by : Stephen Shea / APPR. / (916) 319-2081