BILL ANALYSIS                                                                                                                                                                                                    �






                 Senate Committee on Labor and Industrial Relations
                              Senator Ben Hueso, Chair

          Date of Hearing: March 26, 2014              2013-2014 Regular  
          Session                              
          Consultant: Gideon L. Baum                   Fiscal:Yes
                                                       Urgency: No
          
                                  Bill No: SB 1131
                                   Author: Walters
                      As Introduced/Amended: February 20, 2014
          

                                       SUBJECT
          
                 Income tax: withholding: limited liability company.


                                      KEY ISSUE

          Should the Legislature conform Personal Income Tax (PIT)  
          withholding with Unemployment Insurance (UI) and Disability  
          Insurance (DI) withholdings for members of Limited Liability  
          Companies (LLCs)?


                                      ANALYSIS
          
           Existing law  defines, for the purposes of Unemployment Insurance  
          taxation, an employer as an employing unit, which for some  
          portion of a day, has within the current calendar year or had  
          within the preceding calendar year employed one or more  
          employees and pays wages for employment in excess of one hundred  
          dollars ($100) during any calendar quarter.  (Unemployment  
          Insurance Code �675)

           Existing law  requires employer contributions to the Unemployment  
          Fund shall accrue and become payable by every employer for each  
          calendar year with respect to wages paid for employment.  The  
          contributions cannot be deducted in whole or in part from the  
          wages of individuals in his employ.  (Unemployment Insurance  
          Code �976)

           Existing law  excludes from the definition of "employee" any  
          members of a Limited Liability Companies recognized under  
          federal law as partnerships.  This exclusion only applies for  









          the purposes of  Unemployment Insurance and Disability Insurance  
          withholding  . 
          (Unemployment Insurance �623)
           
          This bill  would extend the above-discussed exclusion to Personal  
          Income Tax (PIT) withholding for Limited Liability Companies  
          that are recognized as partnerships by the federal government.


                                          

                                      COMMENTS

          
          1.  Need for this bill?

             Limited liability companies are a business structure that  
            combines elements of partnerships and corporate business  
            structures.  The LLC is well structured for sole proprietors  
            and partners, and, as the name suggests, serves to limit  
            liability.  From a federal taxation perspective, LLCs are  
            treated as pass-through or "disregarded entities" - a single  
            owner would treat profits as their own income, or multiple  
            owners would file as a partnership, but the LLC itself does  
            not file taxes.  

            Instead, an LLC elects how they wish to be taxed with the IRS  
            by depending on the ownership structure in place.  One of  
            these possible elections is as an "S" corporation.  An "S"  
            corporation can have 1-100 shareholders, and all profits and  
            losses are passed on directly to these individuals.  With both  
            "S" corporations and LLCs, the Internal Revenue Service (IRS)  
            requires that a "reasonable compensation" be paid to all  
            shareholders - the assumption is that no one works for free.  

            In 2010, the Legislature passed SB 1244 (Walters), which  
            excluded LLC members from the definition of employee for the  
            purposes of remitting Unemployment Insurance and Disability  
            Insurance taxes.  At that time, PIT remittances were not  
            included.  SB 1131 would extend an identical provision to  
            Personal Income Tax (PIT) remittances, freeing the LLC from  
            the responsibility of remitting PIT to EDD for its members.
          Hearing Date:  March 26, 2014                            SB 1131  
          Consultant: Gideon L. Baum                               Page 2

          Senate Committee on Labor and Industrial Relations 
          









          2.  A Brief Discussion on SB 1131 and the definition of  
            "Employee":  

            Generally speaking, statutory definitions of who is and who is  
            not an employee forms one of the prime fault lines of the  
            Committee's jurisdiction, as one's designation as an employee  
            triggers a series of labor law protections that form the  
            fundamental foundation of California law.  These protections  
            include the 8 hour day, overtime, workers' compensation, and  
            many, many others.

            SB 1131, however, falls outside of this classical rubric.  SB  
            1131 deals with tax remittance for LLC members, many of which  
            would already be considered outside of the purview of the  
            definition of an "employee".  Moreover, common law definitions  
            of who is or is not an employee for the purposes of overtime  
            and workers' compensation would still govern for the purposes  
            of California labor law enforcement.  In short, the impact on  
            SB 1131 is largely fiscal, rather than labor, related.

          3.  Double-Referral to Senate Committee on Governance and Finance:  
            
            This bill has been double referred and, if approved by this  
            committee, it will be sent to the Senate Governance and  
            Finance Committee for a hearing.




          4.  Proponent Arguments  :
            
            The California Society of Enrolled Agents (CSEA) notes that  
            California law currently conforms to the federal law by  
            exempting members of LLCs taxed as partnerships from being  
            employees for UI (unemployment insurance), ETT (employment  
            training tax) and SDI (state disability insurance) tax  
            purposes.  However, PIT (personal income tax) was excluded  
            from the federal conformity. CSEA argues that the result has  
            been confusion for tax practitioners and taxpayers alike. CSEA  
            argues that SB 1131, by conforming PIT remittance to existing  
            state law, will enable better compliance with the tax code,  
          Hearing Date:  March 26, 2014                            SB 1131  
          Consultant: Gideon L. Baum                               Page 3

          Senate Committee on Labor and Industrial Relations 
          








            which is better for the state and California taxpayers alike.

          5.  Opponent Arguments  :

            None on file.

          6.  Prior Legislation  :

            SB 1244 (Walters), Statutes of 2010, Chapter 522, was  
            discussed above.


                                       SUPPORT
          
          California Society of Enrolled Agents (CSEA)
          

                                     OPPOSITION
          
          None on file.





















          Hearing Date:  March 26, 2014                            SB 1131  
          Consultant: Gideon L. Baum                               Page 4

          Senate Committee on Labor and Industrial Relations