Bill Text: CA SB637 | 2019-2020 | Regular Session | Introduced
Bill Title: Personal income taxes: voluntary contributions: Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2019-09-20 - Chaptered by Secretary of State. Chapter 327, Statutes of 2019. [SB637 Detail]
Download: California-2019-SB637-Introduced.html
Senate Bill | No. 637 |
Introduced by Senator McGuire (Coauthors: Assembly Members Levine and Maienschein) |
February 22, 2019 |
LEGISLATIVE COUNSEL'S DIGEST
Digest Key
Vote: MAJORITY Appropriation: YES Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
The heading of Article 23 (commencing with Section 18901) of Chapter 3 of Part 10.2 of Division 2 of the Revenue and Taxation Code is amended to read:Article 23. Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund
SEC. 2.
Section 18901 of the Revenue and Taxation Code is amended to read:18901.
(a) An individual may designate on the tax return that a contribution in excess of the tax liability, if any, be made to the Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund established by Section 18901.1. That designation is to be used as a voluntary contribution on the tax return.SEC. 3.
Section 18901.1 of the Revenue and Taxation Code is amended to read:18901.1.
There is hereby established in the State Treasury the Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund to receive contributions made pursuant to Section 18901. The Franchise Tax Board shall notify the Controller of both the amount of money paid by taxpayers in excess of their tax liability and the amount of refund money that taxpayers have designated pursuant to Section 18901 to be transferred to the Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund. The Controller shall transfer from the Personal Income Tax Fund to the Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund an amount not in excess of the sum of the amounts designated by individuals pursuant to Section 18901 for payment into that fund.SEC. 4.
Section 18901.2 of the Revenue and Taxation Code is amended to read:18901.2.
(a)SEC. 5.
Section 18901.3 of the Revenue and Taxation Code is amended to read:18901.3.
(a) Except as otherwise provided in subdivision (b), this article shall remain in effect only until January 1 of the fifth taxable year following the first appearance of the Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund on the tax return, or January 1, 2022, whichever occurs first, and is repealed as of December 1 of that year.(A)Determine the minimum contribution amount required to be received during the next calendar year for the fund to appear on the tax return for the taxable year that includes that next calendar year.
(B)Provide written notification to the Department of Food and Agriculture of the amount determined in subparagraph (A).
(C)Determine whether the amount of contributions estimated to be received during the calendar year will equal or exceed the minimum contribution amount determined by the Franchise Tax Board for the calendar year pursuant to subparagraph (A). The Franchise Tax Board shall estimate the amount of contributions to be received by using the actual amounts received and an estimate of the contributions that will be received by the end of that calendar year.
(c)For each calendar year, beginning with the third calendar year after the first appearance of the Prevention of Animal Homelessness and Cruelty Fund on the tax return, the Franchise Tax Board shall adjust, on or before September 1 of that calendar year, the minimum estimated contribution amount specified in subdivision (b) as follows:
(1)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 paragraph
(2) of subdivision (h) of Section 17041, rounded off to the nearest dollar.
(2)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 received on or before August 1 of the calendar year pursuant to paragraph (1) of subdivision (h) of Section 17041.