CA SB1035

Changes the annual interest rate on restitution orders to the adjusted annual rate under Revenue and Taxation Code Section 19521, not to exceed 10 percent per annum, instead of the previous 1 percent cap.

Caps the annual interest rate charged by the Franchise Tax Board on delinquent criminal payments including fines, fees, and restitution at 1 percent per annum.

Requires the Franchise Tax Board to use a sliding scale model considering income and ability to pay when issuing withholding orders to collect restitution.

Mandates that entities collecting restitution must first apply payments toward restitution orders before using funds for restitution fines or administrative costs.