BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1352
                                                                  Page  1

          Date of Hearing:   May 11, 2011

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                    AB 1352 (Logue) - As Amended:  March 22, 2011 

          Policy Committee:                              Revenue and 
          Taxation     Vote:                            9-0

          Urgency:     No                   State Mandated Local Program: 
          Yes    Reimbursable:              No

           SUMMARY  

          This bill grants the State Board of Equalization (BOE) 
          discretion to relieve interest under specified circumstances.  
          Specifically, this bill:

          1)Provides that if BOE finds in its discretion that a person's 
            failure to make a timely payment was due to "extraordinary 
            circumstances" and that it is inequitable to compute interest 
            in accordance with the Sales and Use Tax (SUT) Law, then BOE 
            may relieve all or part of the interest imposed on that 
            payment as specified:

          2)Limits the aggregate amount of relief granted to all persons 
            to $50,000 in a 12-month period but specifies that the $50,000 
            limitation does not apply to relief of interest granted by the 
            BOE pursuant to Revenue and Taxation Code (R&TC) Section 6593, 
            related to disasters.

          3)Provides that any relief granted may be rescinded, and all 
            interest reestablished, without regard to any statute of 
            limitations, if a person fails to comply with the requirement 
            to make the underlying payment.  

           FISCAL EFFECT  

          1)The BOE staff states it is difficult to determine to what 
            extent relief of interest would be sought by taxpayers in 
            general, and to what extent BOE would act to provide relief 
            under the provisions of this bill.  Therefore, the interest 
            revenue loss related to this bill is indeterminable. Under the 
            terms of this bill itself, however, the loss would not exceed 








                                                                  AB 1352
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            $50,000 during any 12-month period.  BOE staff indicates 
            administrative costs are minor and absorbable.

          2)Negligible non-reimbursable costs for perjury convictions 
            which are unlikely.

           COMMENTS  

           1)Purpose.   According to the author, AB 1352 will allow BOE, the 
            bill's sponsor, some limited flexibility in providing interest 
            relief to taxpayers in situations where otherwise law-abiding 
            taxpayers make a late payment that was caused by a personal 
            tragedy, such as the death of a family member, or a medical 
            incapacity, or even criminal misconduct by a taxpayer's own 
            employee.  The bill was prompted by a specific case where a 
            bookkeeper embezzled a substantial amount of sales tax 
            collected from the taxpayer's customers.  Even though the 
            taxpayer had previously an excellent payment record with BOE, 
            and acted swiftly and appropriately when he discovered the 
            embezzlement and fired the bookkeeper (who was later 
            prosecuted and sentenced to prison), under the law, BOE had no 
            authority to grant the taxpayer any relief of the interest.

           2)Related Legislation.   AB 2375 (Knight), introduced in the 
            2009-10 legislative session, is identical to this bill.  AB 
            2375 failed passage in the Senate Revenue and Taxation 
            Committee.   



           Analysis Prepared by  :    Roger Dunstan / APPR. / (916) 319-2081