BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  SB 1548
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          Date of Hearing:  July 2, 2012

                     ASSEMBLY COMMITTEE ON REVENUE AND TAXATION
                                Henry T. Perea, Chair
                     SB 1548 (Wyland) - As Amended:  May 8, 2012

                                      VOTE ONLY
                                          
          Majority vote.  Fiscal committee.  

           SENATE VOTE  :  37-0
           
          SUBJECT  :  State Board of Equalization:  offer in compromise

           SUMMARY  :  Extends, to January 1, 2018, the sunset date for the 
          State Board of Equalization's (BOE's) existing offer in 
          compromise (OIC) program (Program).  Specifically,  this bill  :

          1)Extends, from January 1, 2013, to January 1, 2018, the sunset 
            date for those Program provisions that allow the BOE to accept 
            an OIC even if the underlying liability was generated from a 
            business that has  not  been discontinued or transferred.      

          2)Provides that no reimbursement is required by this act 
            pursuant to the California Constitution for specified reasons. 
             

           EXISTING LAW  :

          1)Allows the BOE to accept an OIC in satisfaction of a final 
            tax, fee, or surcharge liability, as specified.   

          2)Provides, as a general rule, that the BOE's OIC authority 
            extends only to liabilities generated from a business that has 
            been discontinued or transferred, where the taxpayer making 
            the offer "no longer has a controlling interest or association 
            with the transferred business or has a controlling interest or 
            association with a similar type of business as the transferred 
            or discontinued business."

          3)Provides that, notwithstanding this general rule, a 
            "qualified" liability may be compromised regardless of whether 
            the business has been discontinued or transferred or whether 
            the taxpayer has a controlling interest in or association with 
            a similar type of business.  The provisions governing 








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            "qualified" liabilities are set to expire on January 1, 2013.  


          4)Provides that, for amounts to be compromised, the taxpayer 
            must establish that the amount offered in payment is the most 
            that can be expected to be paid or collected from the 
            taxpayer's present assets or income.  It must also be shown 
            that the taxpayer does not have reasonable prospects of 
            acquiring increased income or assets in the short term.  
            Finally, the BOE must determine that acceptance of the 
            compromise is in the best interest of the state.  

          5)Provides that any person who willfully conceals property in 
            connection with an OIC shall be guilty of a felony.  

           FISCAL EFFECT  :  The BOE notes that, based on a review of OICs 
          accepted for open and active businesses during the past 
          two-and-a-half fiscal years, the estimated revenue is 
          approximately $286,034 annually.  

           COMMENTS  :

          1)The author has provided the following statement in support of 
            this bill:

               Offer in Compromise programs are mechanisms that government 
               agencies use to help taxpayers settle outstanding tax 
               liabilities that they could not pay in full without having 
               to declare bankruptcy.  The goal of establishing an OIC 
               program is to incentivize taxpayers to negotiate with the 
               government agency to pay a reduced amount to settle their 
               tax liability.  This approach allows the taxpayer to keep 
               their business open, which creates further economic 
               development.  At the same time, OIC programs increase the 
               likelihood that tax liabilities will be collected, even if 
               for a reduced amount.  Both the Internal Revenue Service 
               (IRS) and the California Franchise Tax Board (FTB) operate 
               OIC programs for both taxpayers and businesses.

          2)The BOE notes the following:

               This bill is sponsored by the Board of Equalization (BOE) 
               and would allow the BOE to continue for an additional five 
               years to compromise final tax liabilities of (1) businesses 
               that are not discontinued or transferred if the final tax 








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               liability arises from transactions in which the taxpayer 
               did not fail to remit received sales tax reimbursement or 
               use tax, (2) persons liable as successors, and (3) 
               consumers who incurred a use tax liability.

               This bill will provide an additional five years for the 
               continuation of the Offers in Compromise (OIC) program for 
               open and active businesses.  If the provisions related to 
               open and active businesses are allowed to expire on January 
               1, 2013, then the OIC program will be limited to persons 
               with businesses that have been closed and discontinued.  In 
               fiscal year 2009-10 and FY 2010-11, the BOE accepted offers 
               from eight open and active businesses; the offer amounts 
               totaled $532,668.  Of the eight, seven of the businesses 
               have remained open.

               One of the requirements for open and active businesses that 
               have an accepted OIC is that they must file and pay by the 
               due date all subsequently required returns and/or reports 
               for a five-year period, or until the business closes, 
               whichever is earlier.  Even though the offer amounts 
               accepted only totaled $532,668, the businesses that 
               remained open continued to pay their sales and use taxes 
               and for the 2009-10 and 2010-11 FY's �sic] paid over 
               $238,000 to the benefit of state and local governments. 

               The BOE is sponsoring this measure in order to address 
               those unique situations where the BOE believes that it 
               would be in the best interest of the state to compromise a 
               tax debt, when the taxpayer does not have the means to pay 
               more than the amount offered now or in the near future.  It 
               would provide for a voluntary resolution that is agreeable 
               to both taxpayers as well as the BOE.  (Emphasis in 
               original).      

          3)Proponents note:

               The authority to offer compromises has been in place since 
               2002, and was expanded in 2006 to cover all special taxes 
               administered by the BOE.  In 2008, AB 2047 (Ch. 222, St. 
               2008) expanded the offers in compromise program to ongoing 
               businesses meeting certain criteria, but included a January 
               1, 2013 sunset. 

               According to the BOE, the 2008 authority has facilitated 








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               more than half a million dollars in tax revenues under its 
               offers in compromise program, and another $238,000 in sales 
               and use tax collections, as participating taxpayers were 
               able to continue doing business and remit taxes. 

               Given the state's fiscal situation, we believe it pertinent 
               to continue BOE's offers in compromise program to provide 
               an avenue for taxpayers to reasonably resolve certain types 
               of tax liabilities.  Furthermore, it would maximize the 
               state's opportunities to collect on tax liabilities that 
               may otherwise be uncollectible if businesses are forced to 
               close their operations.  

          4)Committee Staff Comments:

              a)   What is an OIC?  :  An OIC allows for the resolution of 
               outstanding tax liabilities in cases where there is no 
               dispute over the amount owed, but where the taxpayer lacks 
               sufficient funds to pay the full liability.  Advocates 
               contend that, by negotiating an OIC, tax agencies are able 
               to collect the maximum amount feasible without forcing the 
               taxpayer into bankruptcy, which would only further delay 
               and compromise collection efforts.  

              b)   Legislative history of the BOE's OIC program  :  AB 1458 
               (Kelley), Chapter 152, Statutes of 2002, first authorized 
               the BOE to accept an OIC on certain final tax and fee 
               liabilities.  The original OIC program applied only to 
               liabilities arising under the Sales and Use Tax Law, the 
               Use Fuel Tax Law, or the Underground Storage Tank 
               Maintenance Fee Law.  In addition, the original program 
               applied exclusively to liabilities generated from 
               discontinued or transferred businesses.

               AB 3076 (Committee on Revenue and Taxation), Chapter 364, 
               Statutes of 2006, extended the BOE's OIC program to final 
               liabilities arising under the following:  the Cigarette and 
               Tobacco Products Tax Law, the Alcoholic Beverage Tax Law, 
               the Timber Yield Tax Law, the Energy Resources Surcharge 
               Law, the Emergency Telephone Users Surcharge Act, the 
               Hazardous Substances Tax Law, the Integrated Waste 
               Management Fee Law, the Oil Spill Response, Prevention, and 
               Administration Fees Law, the Fee Collection Procedures Law, 
               and the Diesel Fuel Tax Law. 









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               AB 2047 (Horton), Chapter 222, Statutes of 2008, modified 
               the BOE's OIC program in a number of respects.  Most 
               importantly, AB 2047 extended the BOE's OIC program to open 
               and active businesses, provided there is no evidence the 
               taxpayer collected tax reimbursement (e.g., sales tax 
               reimbursement from customers).  Essentially, AB 2047 
               authorized the BOE to accept an OIC from a taxpayer who may 
               otherwise have to sell or discontinue their business 
               because of an inability to pay in full a final tax 
               liability that arose from transactions in which the 
               taxpayer did not collect tax reimbursement.   

               Pursuant to an amendment suggested by the Senate Committee 
               on Revenue and Taxation, AB 2047 included a January 1, 2013 
               sunset date for the bill's modifications to the OIC 
               program.  The Senate Committee noted, "A sunset date would 
               allow the committee to evaluate the program after several 
               years of operation and determine if any improvements to the 
               program are necessary."

              c)   What would this bill do?  :  This bill would extend, to 
               January 1, 2018, the sunset date for the OIC program 
               provisions that apply to open and active businesses.  
                  
           REGISTERED SUPPORT / OPPOSITION  :

           Support 
           
          State Board of Equalization (sponsor) 
          California Chamber of Commerce
          California Grocers Association
          California Manufacturers and Technology Association
          California Taxpayers Association
          National Federation of Independent Business

           Opposition 
           
          None on file

           Analysis Prepared by  :  M. David Ruff / REV. & TAX. / (916) 
          319-2098 












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