BILL NUMBER: SB 654	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Steinberg

                        FEBRUARY 18, 2011

   An act relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 654, as introduced, Steinberg. Income taxes: federal
conformity: Patient Protection and Affordable Care Act.
   The Personal Income Tax Law, in specified conformity with federal
income tax law, provides certain gross income exclusions, imposes
specified tax rates, and allows various deductions and credits in
computing the income that is subject to the taxes imposed by that
law, as specified.
   This bill would state the intent of the Legislature to enact
legislation to conform the Personal Income Tax Law to provisions of
the Patient Protection and Affordable Care Act.
   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.  It is the intent of the Legislature to enact
legislation to conform the Personal Income Tax Law to provisions of
the federal Patient Protection and Affordable Care Act.