CA AB2369

Redefines "tax liability" to exclude interest, penalties, costs, fees (except limited liability company fees under Section 17942), and other amounts relating to tax assessment.

Requires that interest, penalties, costs, and fees accruing with a particular tax liability must expire at the same time as the related tax liability, rather than being subject to separate collection periods.

Changes the Franchise Tax Board's authority from "may not collect" to "shall not collect" tax liabilities after the 20-year statute of limitations expires.

Maintains the existing 20-year collection period for tax liabilities, starting from the date the latest tax liability becomes due and payable.

Clarifies that any amounts collected after the 20-year period expires shall be treated as overpayments subject to credit and refund procedures.