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CA AB 559

Title: Personal income tax: California Senior Citizen Advocacy Voluntary Tax Contribution Fund.
Author: Tasha Boerner Horvath

Summary
AB 559, Boerner. Personal income tax: California Senior Citizen Advocacy Voluntary Tax Contribution Fund. Existing law authorizes an individual to contribute amounts in excess of the individual’s personal income tax liability for the support of specified funds. Existing law allows a taxpayer to designate an amount in excess of personal income tax liability to be deposited into the California Senior Citizen Advocacy Voluntary Tax Contribution Fund, which is continuously appropriated to the California Senior Legislature for the purpose of funding the activities of the California Senior Legislature. Existing law requires the Franchise Tax Board to revise the return for taxable years 2017 to 2023, inclusive, to include a space for that designation, and repeals these voluntary contribution provisions on January 1, 2025.This bill would require the Franchise Tax Board to revise the return for taxable years 2017 to 2030, inclusive, to allow a taxpayer to designate an amount in excess of personal income tax liability to be deposited into the California Senior Citizen Advocacy Voluntary Tax Contribution Fund, and would extend the repeal date for these provisions to January 1, 2032. By extending a continuously appropriated fund, the bill would make an appropriation.

Status
Enrolled and presented to the Governor at 3 p.m.

Bill Documents
CA AB 559 - 06/30/23 - Enrolled
06/30/23 - CA AB 559 (06/30/23 - Enrolled)


CA AB 559 - 02/08/23 - Introduced
02/08/23 - CA AB 559 (02/08/23 - Introduced)