CA AB2666

Requires the Franchise Tax Board to compile information on tax expenditures claimed by publicly traded companies for taxable years beginning January 1, 2010 or later

Defines "publicly traded company" as a company with securities listed or traded on national or foreign exchanges, or regularly quoted by broker-dealers in the National Daily Quotation Service

Defines "tax expenditure" as a credit against taxes imposed under Part 11 of the Revenue and Taxation Code

Mandates the Franchise Tax Board submit compiled tax expenditure information to the State Chief Information Officer beginning June 30, 2013, and annually thereafter for publication online

Requires creation of a searchable database on the Reporting Transparency in Government Internet Web site organized by company name and amount of tax expenditures claimed