Bill Text: CA SB1476 | 2015-2016 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Personal income taxes: voluntary contributions.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Passed) 2016-09-24 - Chaptered by Secretary of State. Chapter 597, Statutes of 2016. [SB1476 Detail]

Download: California-2015-SB1476-Amended.html

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BILL NUMBER: SB 1476	AMENDED
	BILL TEXT

	AMENDED IN SENATE  APRIL 14, 2016

INTRODUCED BY   Committee on Governance and Finance (Senators
Hertzberg (Chair), Beall, Hernandez, Lara, Moorlach, Nguyen, and
Pavley)

                        MARCH 7, 2016

   An act to add Section  18410.3   18873 
to the Revenue and Taxation Code, relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1476, as amended, Committee on Governance and Finance. Income
taxation: voluntary contributions.
   Existing law authorizes taxpayers to contribute amounts in excess
of their personal income tax liability for the support of specified
funds.  Existing law also has administrative provisions
applicable to voluntary contributions. 
   This bill would  require   include, as
generally applicable administrative provisions, that  any new or
extended voluntary contribution  to  include the
words "voluntary tax contribution" in the name of the fund, 
require   that  the administering  agency
  agency, as defined,   to 
include specified information about the fund on its Internet Web
site,  include a continuous appropriation of  
that  the contributed funds  be continuously appropriated
 to the administering agency, and  specify the 
minimum contribution amount for the continuation of any voluntary
 contribution.   tax contribution on the tax
return form, and a generally applicable inoperative date for a
voluntary tax contribution. 
   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.  Section  18410.3   18873  is
added to the Revenue and Taxation Code, to read:
    18410.3.   18873.   Notwithstanding any
other law,  all of the following requirements shall apply to
 any new voluntary tax contributions, including an extension of
existing voluntary tax  contributions, shall include all of
the following:   contribution: 
   (a) The words "voluntary tax contribution" shall be included as
part of the name of the fund.
   (b)  (1)    The administering agency's Internet
Web site shall  be required to  report the process
for awarding money, the amount of money spent on administration, and
an itemization of how program funds were awarded by the agency,
including, but not limited to, information regarding recipients of
funds. 
   (2) An "administering agency" means the state agency or other
governmental entity, other than Franchise Tax Board and the
Controller, to which funds are allocated to accomplish the purposes
of the voluntary tax contribution designation.  
   (c) The voluntary contribution shall include a minimum
contribution amount that must be received for the fund to continue
appearing on the tax return as follows:  
   (1) The minimum contribution amount shall be two hundred fifty
thousand dollars ($250,000) for the second calendar year after the
first appearance of the fund on the personal income tax return.
 
   (2) For each calendar year, beginning with the third calendar year
after the first appearance of the fund on the personal income tax
return, the Franchise Tax Board shall adjust, on or before September
1 of that calendar year, the minimum contribution amount as follows:
 
   (A) The minimum contribution amount for the calendar year shall be
an amount equal to the product of the minimum contribution amount
for the prior calendar year multiplied by the inflation factor
adjustment as specified in subparagraph (A) of paragraph (2) of
subdivision (h) of Section 17041, rounded off to the nearest dollar.
 
   (B) The inflation factor adjustment used for the calendar year
shall be based on the figures for the percentage change in the
California Consumer Price Index for all items received on or before
August 1 of the calendar year pursuant to paragraph (1) of
subdivision (h) of Section 17041.  
   (C) The minimum contribution amount shall be adjusted until it
reaches five hundred thousand dollars ($500,000), and shall remain at
five hundred thousand dollars ($500,000) for each subsequent year.
 
   (c) (1) Except as otherwise provided in paragraph (2) or where
another inoperative or repeal date is provided, the article
establishing the voluntary tax contribution shall remain in effect
only until January 1 of the seventh calendar year following the first
appearance of the contribution on the personal income tax return,
and is repealed as of December 1 of that year.  
   (2) The minimum contribution amount that must be received for the
fund to continue appearing on the tax return is two hundred fifty
thousand dollars ($250,000) for the second calendar year after the
first appearance of the fund on the personal income tax return and
each calendar year thereafter. 
   (d) Funds contributed pursuant to the tax check-off shall be
continuously appropriated to the administering agency to be spent as
prescribed in the act in which the voluntary  tax 
contribution is enacted.