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CA AB2238
Bill
AI Summary
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Adds the Lieutenant Governor and the Treasurer as members of the Franchise Tax Board, effective July 1, 2025.
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Expands the Franchise Tax Board from three members (Controller, Director of Finance, and Chairperson of the State Board of Equalization) to five members.
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Designates the Controller as the chair of the Franchise Tax Board.
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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