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CA AB2068

Bill

Status

Passed

9/25/2020

Primary Sponsor

Cottie Petrie-Norris

Click for details

Origin

State Assembly

2019-2020 Session

AI Summary

  • Renames the California Firefighters' Memorial Fund and California Peace Officer Memorial Foundation Fund to the "Voluntary Tax Contribution Fund" versions and extends the sunset date from January 1, 2021 to January 1, 2028

  • Allows taxpayers to continue designating voluntary tax contributions on personal income tax returns for both memorial funds through the extended deadline

  • Requires the California Fire Foundation and California Peace Officers Memorial Foundation, Inc. to annually post distribution information on their websites detailing how funds are used

  • Maintains a $250,000 minimum annual contribution threshold for each fund to remain on the tax return form, with automatic adjustment for inflation beginning in 2005

  • Permits contributions to be used for memorial maintenance and repair, ceremonies honoring fallen firefighters and peace officers, survivor assistance programs, and related activities

Legislative Description

Voluntary tax contributions: California Firefighters’ Memorial Voluntary Tax Contribution Fund: California Peace Officer Memorial Foundation Voluntary Tax Contribution Fund.

Last Action

Chaptered by Secretary of State - Chapter 173, Statutes of 2020.

9/25/2020

Committee Referrals

Appropriations7/30/2020
Governance and Finance6/23/2020
Rules6/9/2020
Appropriations5/11/2020
Revenue and Taxation2/14/2020

Full Bill Text

No bill text available