BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2453
                                                                  Page  1

          Date of Hearing:   May 16, 2012

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                    AB 2453 (Block) - As Amended:  March 19, 2012 

          Policy Committee:                              Revenue and 
          Taxation Committee                            Vote: 8-0

          Urgency:     No                   State Mandated Local Program: 
          No     Reimbursable:              

           SUMMARY  

          This bill allows any person against whom a determination of 
          unpaid taxes or fees is made, to petition for a redetermination 
          within 60 days of being served with notice, instead of the 
          30-day period prescribed by existing law.  This lengthened 
          redetermination period applies to the sales and use tax, motor 
          vehicle fuel tax, and 13 other taxes and fees administered by 
          the Board of Equalization (BOE).

           FISCAL EFFECT  

          Minor increased revenues to the state from taxpayers delaying 
          their payments and, as a result, the state collecting an 
          increased amount of interest on the delayed payments.  The 
          interest rate on underpayments is calculated by adding three 
          percentage points to the rate specified in the Internal Revenue 
          Code and is adjusted semiannually.  The rate for underpayments 
          is currently 7%.

           COMMENTS  

           1)Purpose.   According to the author, BOE taxpayers are primarily 
            business owners, including small business owners who hold a 
            permit or license with the BOE and file tax returns.  The 
            author argues that for some of these business owners, current 
            law does not allow ample time to develop and prepare their 
            petitions.  For example, should a business owner decide to 
            hire a tax professional, a 60-day deadline will provide time 
            to gather documents and consult with the professional.  

            The author concludes, especially in the current economic 








                                                                 AB 2453
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            crisis, business owners need all the help they can get to keep 
            their businesses afloat, and that allowing for a longer period 
            to file a petition will enable business owners to better 
            clarify and substantiate their appeal.

           2)Background  .  Taxpayers most often file petitions as the result 
            of a BOE field audit or investigation.  If BOE determines a 
            taxpayer has underpaid taxes or fees, a notice is issued.  
            Before a notice is issued, the taxpayer is informed of the 
            30-day deadline when filing a petition. Beginning with an exit 
            conference with the taxpayer and/or the taxpayer's 
            representative, the auditor explains the audit procedures used 
            and any additional taxes or fees due. If the taxpayer 
            disagrees with the audit results, the auditor generally defers 
            preparing the final audit report to allow the taxpayer a 
            reasonable amount of time to provide additional information to 
            support its arguments.  During the exit conference, the 
            auditor also explains the steps involved in filing a timely 
            petition and gives a BOE publication on the appeals process.
           3)Sponsor and purpose.   This bill is sponsored by the BOE, with 
            unanimous consent of all board members.  For some taxpayers, 
            current law does not allow ample time to develop and prepare 
            their petitions.  Allowing for a longer period to file a 
            petition will enable taxpayers to better clarify and 
            substantiate their position.  In addition, the 60-day period 
            is consistent with the filing period utilized by the Franchise 
            Tax Board (FTB).
                
           

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