CA AB233

Allows California taxpayers to voluntarily designate contributions in excess of their tax liability to the California YMCA Youth and Government Fund on their tax returns.

Establishes the California YMCA Youth and Government Fund in the State Treasury to receive designated contributions, with funds allocated to reimburse the Franchise Tax Board, Controller, and State Department of Education for administration costs.

Distributes remaining funds to the California YMCA Youth and Government Program and, if contributions exceed $300,000 annually, provides $10,000 annual grants to the African American Leaders for Tomorrow Program, Asian Pacific Youth Leadership Project, and Chicano Latino Youth Leadership Project.

Requires the Franchise Tax Board to add the fund designation to tax return forms when space becomes available and to annually determine if estimated contributions will meet a minimum threshold of $250,000 (adjusted annually for inflation).

Automatically repeals the article on January 1 of the fifth taxable year after the fund first appears on tax returns, or earlier if the Franchise Tax Board determines estimated contributions will not meet the minimum contribution amount for a calendar year.