CSBA Supports balanced state budget including budget reform, without an increase in taxes. Target areas are any increases in the cost of doing business in California including, unemployment tax and corporate franchise tax. We Support taxes for e-commerce, the elimination of the minimum corporate franchise tax in non-profitable years and a carryover of net operating losses to conform to federal tax laws.

Co-Chair

Glenn Younger
Phone: 619-234-4829
Email: glenn@grahsecurity.com

Co- Chair

William J. Kelley
Phone: 949-622-5577
Email: wjk@kelleyandkelleylaw.com

Co-Chair

Jeannine English
Tel: (916) 216-0600
Email: English@jeannineenglish.com

Legislative Bills

Bill	CSBA POSITION	House of Origin		Second House		Governor
Bill	CSBA POSITION	COMM.	FLOOR	COMM.	FLOOR	Governor
AB 11 – De Leon Tax law	Support					To Enrollment
AB 111 – Niello Personal income tax	Support
AB 326 – Garrick HAS	Support
AB 327 – Garrick Franchise tax	Support
AB 484 – Eng Franchise tax	Support
AB 829 – Caballero Intent of Leg	Support
AB 847 – Calderon Sales and Use tax	Support
AB 1299 – Coto CA Constitution	Oppose
AB 1342 – Evans Local taxes	Watch
AB 1382 – Niello Budget	Support
AB 1411 – Torrico Delayed budget bill	Support					Inactive File
SB 328 – Dutton Leg intent	Support
SB 353 – Dutton HAS	Support
SB 402 – Wolk FIRMS	Support					Enrolled
SB 472 – Dutton Gross income	Support
SB 508 – Dutton Credit	Support
SB 568 – Hollingsworth Sales tax	Support

KEY:

= PASSED

= UNDER CONSIDERATION

= DIED / FAILED PASSAGE

Updated: October 7, 2009

BILL SUMMARIES

AB 11 – De Leon: The Corporation Tax Law, in specified conformity to federal income tax laws, imposes certain limitations on the use of built-in losses in conjunction with corporate reorganizations. This bill clarifies that a specified federal admin. notice relating to those limitations does not apply for purposes of CA law.

AB 111 – Niello: The Personal Income Tax Law conforms to specified provisions of the federal Mortgage Forgiveness Debt Relief Act of 2007. The Emergency Economic Stabilization Act of 2008 extended the operation of those provisions to debt that is discharged before January 1, 2013. This bill provide further conformity to those federal acts, as provided.

AB 326 – Garrick: Allows a deduction in connection with health savings accounts in conformity with federal law.

AB 327 – Garrick: Existing law, generally, imposes a minimum franchise tax of $800, on every corporation incorporated in this state. This bill would reduce that minimum tax to $100.

AB 484 – Eng: This bill would require a state governmental licensing entity, issuing professional or occupational licenses, certificates, registrations, or permits to provide to the Franchise Tax Board the name and social security number or federal taxpayer identification number of each individual licensee of that entity.

AB 829 – Caballero: Declares the intent of the Legislature to exempt from sales and use taxes the sale of, and the storage, use, or other consumption of, manufacturing equipment used in the manufacturing process, as specified.

AB 847 – Calderon: The Sales and Use Tax Law imposes a sales tax on a retailer measured by the gross receipts from the retail sale in this state of tangible personal property and a use tax on the storage, use, or other consumption of tangible personal property in this state of tangible personal property purchased from a retailer for storage, use, or other consumption in this state. This bill would repeal that sales tax exemption.

AB 1299 – Coto: The CA Constitution provides that any changes in state taxes enacted for the purpose of increasing revenues collected pursuant to those taxes, whether by increased rates or changes in methods of computation, must be imposed by a bill passed by not less than 2/3 of the membership of each house of the Legislature. Clarifies the meaning of state taxes for purposes of this constitutional vote requirement.

AB 1342 – Evans: Existing law authorizes various local governmental entities to impose local taxes for various purposes. This bill would authorize the board of supervisors of any county, by ordinance, to impose either a personal income tax or a vehicle license fee, or both, in accordance with specified requirements.

AB 1382 – Niello: This bill would require that the budget submitted by the Gov. to the Legislature for the 2011-12 fiscal year and each following year be developed pursuant to performance-based budgeting methods, for each state agency. Requires the Dept. of Finance to utilize the annual report on the measurements of performance-based budgeting methods prepared by the Joint Budget Committee.

AB 1411 – Torrico: Legislature: delayed budget bill passage. This bill would prohibit, if the Budget Bill is not passed by the Legislature and sent to the Governor by midnight on June 15 of each year, payment to the Members of the Legislature of travel and living expenses until the Budget Bill is passed and sent to the Governor.

SB 328 – Dutton: This bill would make legislative findings and declarations relating to this state's taxes, and declare the Legislature's intent to eliminate specified taxes and adopt a flat tax, as declared.

SB 353 – Dutton: This bill would allow a deduction in connection with health savings accounts in conformity with federal law for each tax year beginning on or after January 1, 2009.

SB 402 – Wolk: Requires the board, in coordination with financial institutions doing business in this state, to operate a Financial Institution Record Match System utilizing automated data exchanges to the maximum extent feasible in order to allow the board to match its list of delinquent tax debtors with the lists provided by the financial institutions. Authorizes the board to institute civil proceedings to enforce specified provisions of the bill, and would impose specified penalties on financial institutions for failure to provide records in connection with the match system, as provided. Provides that the specified use of certain data is a misdemeanor.

SB 472 – Dutton: Provides that gross income does not include 50% of any gain from the sale or exchange of a capital asset, that is held for more than 3 years.

SB 508 – Dutton: Authorizes a hiring credit under those respective laws for qualified taxpayers who hire qualified employees, as defined.

SB 568 – Hollingsworth: Allows a taxpayer to elect to pay a tax on the sale or disposition of any capital asset, as defined, that results in a net capital gain, as defined, in an amount equal to 2% of the total net capital gain, as provided.

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