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CA AB2238

Bill

Status

Vetoed

9/20/2024

Primary Sponsor

Evan Low

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Adds the Lieutenant Governor and the Treasurer as members of the Franchise Tax Board, effective July 1, 2025.

  • Expands the Franchise Tax Board from three members (Controller, Director of Finance, and Chairperson of the State Board of Equalization) to five members.

  • Designates the Controller as the chair of the Franchise Tax Board.

  • Maintains the Franchise Tax Board's existing duties, powers, and jurisdiction over state personal income taxes and corporation franchise and income taxes.

Legislative Description

Franchise Tax Board: membership.

Last Action

Vetoed by Governor.

9/20/2024

Committee Referrals

Appropriations6/26/2024
Revenue and Taxation6/5/2024
Rules5/23/2024
Appropriations4/2/2024
Revenue and Taxation2/26/2024

Full Bill Text

No bill text available