AB 2666 - An Act to Add Section 19571 to the Revenue and Taxation Code, Relating to Taxation.

An Act to Add Section 19571 to the Revenue and Taxation Code, Relating to Taxation.

AB 2666 — 2009-2010 Legislature

Summary

The Corporation Tax Law, which is administered by the Franchise Tax Board, authorizes various credits, deductions, exclusions, exemptions, and other tax benefits with respect to the taxes imposed by that law.

This bill would, for each taxable year on or after January 1, 2010, require the board to compile information on any tax expenditure claimed and reported by a taxpayer that is a publicly traded company, and would require, beginning on June 30, 2013, and by June 30 of each year thereafter, the board to submit the information to the State Chief Information Officer for publication on the Reporting Transparency in Government Internet Web site. This bill would require the State Chief Information Officer to develop on the Reporting Transparency in Government Internet Web site a searchable database of that information, as specified.

Learn More

At LegInfo.ca.gov

Title

An Act to Add Section 19571 to the Revenue and Taxation Code, Relating to Taxation.

Author(s)

Nancy Skinner

Co-Authors

Subjects

• Corporation taxes: Franchise Tax Board: tax expenditures: Reporting Transparency in Government Inter

Major Actions

Introduced	2/19/2010
Referred to Committee
Passed Assembly Committee on Revenue and Taxation	4/19/2010
Passed Assembly Committee on Appropriations	5/28/2010
Passed Assembly	6/02/2010
Passed Revenue and Taxation	6/23/2010
Passed Senate Committee on Appropriations	8/02/2010
Passed Senate Committee on Appropriations	8/12/2010
Passed Senate	8/23/2010
Passed Assembly	8/25/2010
Presented to the governor (enrolled)	9/03/2010
Vetoed by Governor	9/29/2010
Vetoed by Governor	9/29/2010

Bill History

• All Votes
• All Actions

	Chamber/Committee	Motion	Date	Result
select this vote	Assembly Committee on Revenue and Taxation	Do pass as amended and be re-referred to the Committee on Appropriations.	4/19/2010	This motion PASSED the Assembly Committee on Revenue and Taxation 6 voted YES 3 voted NO 0 voted present/not voting
select this vote	Assembly Committee on Appropriations	Do pass as amended.	5/28/2010	This motion PASSED the Assembly Committee on Appropriations 12 voted YES 5 voted NO 0 voted present/not voting
select this vote	Assembly	AB 2666 SKINNER Assembly Third Reading	6/02/2010	This bill PASSED the Assembly 45 voted YES 28 voted NO 6 voted present/not voting
select this vote	Revenue and Taxation	Do pass as amended, and re-refer to the Committee on Appropriations.	6/23/2010	This motion PASSED the Revenue and Taxation 3 voted YES 0 voted NO 2 voted present/not voting
select this vote	Senate Committee on Appropriations	Placed on Appropriations Suspense file.	8/02/2010	This motion PASSED the Senate Committee on Appropriations 10 voted YES 0 voted NO 1 voted present/not voting
select this vote	Senate Committee on Appropriations	Do pass as amended.	8/12/2010	This motion PASSED the Senate Committee on Appropriations 7 voted YES 4 voted NO 0 voted present/not voting
select this vote	Senate	Assembly 3rd Reading AB2666 Skinner By Wolk	8/23/2010	This bill PASSED the Senate 22 voted YES 14 voted NO 3 voted present/not voting
currently selected	Assembly	AB 2666 SKINNER Concurrence in Senate Amendments	8/25/2010	This bill PASSED the Assembly 48 voted YES 26 voted NO 4 voted present/not voting

	Action	Date	Description
	Introduced	2/19/2010
		2/19/2010	Introduced. To print.
		2/21/2010	From printer. May be heard in committee March 23.
		2/22/2010	Read first time.
		4/08/2010	Referred to Com. on REV. & TAX. From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
		4/12/2010	Re-referred to Com. on REV. & TAX.
select this vote	Vote	4/19/2010	Do pass as amended and be re-referred to the Committee on Appropriations.
		4/19/2010	In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
		4/26/2010	From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 6. Noes 3.) (April 19).
		4/27/2010	Read second time and amended.
		4/28/2010	Re-referred to Com. on APPR.
		5/12/2010	In committee: Set, first hearing. Referred to APPR. suspense file.
select this vote	Vote	5/28/2010	Do pass as amended.
		5/28/2010	From committee: Amend, and do pass as amended. (Ayes 12. Noes 5.) (May 28). Read second time and amended. Ordered returned to second reading. (Corrected June 10.)
		6/01/2010	Read second time. To third reading.
		6/02/2010	Read third time, passed, and to Senate. (Ayes 45. Noes 28. Page 5526.)
select this vote	Assembly Vote on Passage	6/02/2010	AB 2666 SKINNER Assembly Third Reading
		6/03/2010	In Senate. Read first time. To Com. on RLS. for assignment.
		6/10/2010	Referred to Com. on RLS.
		6/15/2010	Re-referred to Com. on REV. & TAX.
select this vote	Vote	6/23/2010	Do pass as amended, and re-refer to the Committee on Appropriations.
		6/29/2010	From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 3. Noes 0.) (June 23).
		6/30/2010	Read second time and amended. Re-referred to Com. on APPR.
select this vote	Vote	8/02/2010	Placed on Appropriations Suspense file.
		8/02/2010	In committee: Placed on APPR suspense file.
select this vote	Vote	8/12/2010	Do pass as amended.
		8/16/2010	From committee: Amend, and do pass as amended. (Ayes 7. Noes 4.) (August 12).
		8/17/2010	Read second time and amended. Ordered to third reading.
		8/23/2010	Read third time, passed, and to Assembly. (Ayes 22. Noes 14. Page 4802.)
		8/23/2010	In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 25 pursuant to Assembly Rule 77.
select this vote	Senate Vote on Passage	8/23/2010	Assembly 3rd Reading AB2666 Skinner By Wolk
		8/24/2010	Assembly Rule 77 suspended. (Ayes 49. Noes 27. Page 6562.)
		8/24/2010	Passed on file.
		8/25/2010	Senate amendments concurred in. To enrollment. (Ayes 48. Noes 26. Page 6634.)
currently selected	Assembly Vote on Passage	8/25/2010	AB 2666 SKINNER Concurrence in Senate Amendments
		9/03/2010	Enrolled and to the Governor at 3 p.m.
	Vetoed	9/29/2010	Vetoed by Governor.