CA AB43

Authorizes a person to irrevocably assign to a customer the right to receive a tax refund if the refund amount is $50,000 or greater and represents excess tax reimbursement owed to a single customer

Requires the assignment election to be evidenced by a statement signed by both the person and customer, submitted to the State Board of Equalization with the claim for refund

Requires the Board of Equalization to make refund payments directly to the assigned customer when conditions are met

Makes proposed Board determinations involving refunds exceeding $50,000 available as public records for at least 10 days before the determination becomes effective