BILL NUMBER: AB 2205	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Charles Calderon

                        FEBRUARY 18, 2010

   An act to amend Section 17048 of the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2205, as introduced, Charles Calderon. Income taxes: tax
tables.
   The Personal Income Tax Law imposes specified taxes based upon
gross income, and, among other things, provides for the computation
of taxes in accordance with tax tables prescribed by the Franchise
Tax Board.
   This bill would make technical, nonsubstantive changes to those
provisions.
   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 17048 of the Revenue and Taxation Code is
amended to read:
   17048.  (a) In lieu of the tax imposed under Section 17041,
individuals with taxable income of such amounts as prescribed by the
Franchise Tax Board, shall compute their taxes under tax tables
prescribed by the Franchise Tax Board. The tax tables shall reflect
the tax imposed under Section 17041 in income progressions of not
less than one hundred dollars ($100)  , giving effect to
  taking into account  the marital or other status
of the individual. For purposes of this part, the tax imposed by this
section shall be treated as tax imposed by Section 17041.
   (b) Subdivision (a) shall not apply to any of the following:
   (1) An individual to whom subdivision (b) of Section 17504
(relating to the tax on lump-sum distributions) applies for the
taxable year.
   (2) An individual making a return under Section 443(a)(1) of the
Internal Revenue Code for a period of less than 12 months on account
of a change in annual accounting period.
   (3) An estate or trust.