CA SB934

Eliminates the $25 filing fee for nonprofit organizations applying for tax exemption from the Franchise Tax Board, effective January 1, 2021.

Eliminates the $10 filing fee (increased to $25 for late payment) required from tax-exempt organizations when filing annual returns with the Franchise Tax Board, effective January 1, 2021.

Removes the filing fee requirement for organizations whose exemption was revoked and are applying to reestablish as exempt organizations, effective January 1, 2021.

Makes nonsubstantive conforming changes to cross-references in the Revenue and Taxation Code and Health and Safety Code related to nonprofit tax exemptions.

Updates Vehicle Code Section 5168 to reference the modified tax exemption provisions for nonprofit organizations administering the Pet Lover's specialized license plate program.