BILL NUMBER: AB 832	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Ammiano

                        FEBRUARY 17, 2011

   An act to amend Section 995 of the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 832, as introduced, Ammiano. Property taxation: storage media
for computer programs.
   Existing law requires storage media for computer programs to be
valued on the 1972 lien date and thereafter as if there were no
computer program on the media except basic operational programs, and
otherwise prohibits the valuation of computer programs for the
purpose of property taxation.
   This bill would make technical, nonsubstantive changes to this
provision.
   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 995 of the Revenue and Taxation Code is amended
to read:
   995.  Storage media for computer programs shall be valued on the
1972 lien date and thereafter as if there were no computer program on
 such   the  media except basic
operational programs. Otherwise, computer programs shall not be
valued for purpose of property taxation.
   As used in this section, storage media for computer programs may
take the form of, but are not limited to, punched cards, tapes, discs
or drums on which computer programs may be embodied or stored.
   As used in this section, a computer program may be, but is not
limited to ,  a set of written instructions, magnetic
imprints, required documentation or other process designed to enable
the user to communicate with or operate a computer or other
machinery.