AB 1605 - An Act to Amend Sections 17935, 17941, 17948, and 23153 of the Revenue and Taxation Code, Relating to Taxation, to Take Effect Immediately, Tax Levy.

Minimum annual tax: exemptions. 2011-2012 Legislature. View bill details
Author(s):
Summary:
Existing law generally imposes an annual minimum franchise tax of $800, except as provided, on every corporation incorporated in this state, qualified to transact intrastate business in this state, or doing business in this state, and on every limited partnership, limited liability partnership, and limited liability company registered, qualified to transact business, or doing business in this… More
Existing law generally imposes an annual minimum franchise tax of $800, except as provided, on every corporation incorporated in this state, qualified to transact intrastate business in this state, or doing business in this state, and on every limited partnership, limited liability partnership, and limited liability company registered, qualified to transact business, or doing business in this state, as specified.

This bill would reduce that minimum tax, as provided, for a corporation, limited partnership, limited liability partnership, and limited liability company that is a small business, as defined, that first commences business operations on or after January 1, 2013.

This bill would take effect immediately as a tax levy. Hide
 
Status:
The bill has been introduced. 
There have been no votes on this bill.

An Act to Amend Sections 17935, 17941, 17948, and 23153 of the Revenue and Taxation Code, Relating to Taxation, to Take Effect Immediately, Tax Levy.

AB 1605 — 2011-2012 Legislature

Summary
Existing law generally imposes an annual minimum franchise tax of $800, except as provided, on every corporation incorporated in this state, qualified to transact intrastate business in this state, or doing business in this state, and on every limited partnership, limited liability partnership, and limited liability company registered, qualified to transact business, or doing business in this state, as specified.

This bill would reduce that minimum tax, as provided, for a corporation, limited partnership, limited liability partnership, and limited liability company that is a small business, as defined, that first commences business operations on or after January 1, 2013.

This bill would take effect immediately as a tax levy.
Learn More
At LegInfo.ca.gov
Title
An Act to Amend Sections 17935, 17941, 17948, and 23153 of the Revenue and Taxation Code, Relating to Taxation, to Take Effect Immediately, Tax Levy.
Author(s)
Martin Garrick
Co-Authors
Subjects
  • Minimum annual tax: exemptions
Major Actions
Introduced2/07/2012
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced2/07/2012
2/07/2012Read first time. To print.
2/08/2012From printer. May be heard in committee March 9.
2/17/2012Referred to Com. on REV. & TAX.
2/29/2012From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
3/01/2012Re-referred to Com. on REV. & TAX.
4/09/2012In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
4/10/2012From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
4/11/2012Re-referred to Com. on REV. & TAX.
5/14/2012In committee: Set, second hearing. Held under submission.

Average contributions given to Assemblymembers from interest groups that…

supported this bill

$0
$0
$0
YES$0
$0
$0
$0
NO$0

opposed this bill

5 Organizations Supported and 5 Opposed; See Which Ones

Organizations that took a position on
An Act to Amend Sections 17935, 17941, 17948, and 23153 of the Revenue and Taxation Code, Relating to Taxation, to Take Effect Immediately, Tax Levy.

5 organizations supported this bill

Bill Horn, Supervisor, 5th District, San Diego County Board Of Supervisors
Assembly Committee on Revenue and Taxation (2012, May 11). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
California Chamber of Commerce
Assembly Committee on Revenue and Taxation (2012, April 6). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
Chambers of Commerce Alliance of Ventura & Santa Barbara Counties
The Chambers of Commerce Alliance of Ventura & Santa Barbara Counties (2012, June 4). 2012 Legislative Matrix (updated June 4). Retrieved June 5, 2012, from The Chambers of Commerce Alliance of Ventura & Santa Barbara Counties .
Oxnard Chamber of Commerce
Assembly Committee on Revenue and Taxation (2012, May 11). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
Southwest California Legislative Council
Assembly Committee on Revenue and Taxation (2012, May 11). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.

5 organizations opposed this bill

American Federation of State, County and Municipal Employees
Assembly Committee on Revenue and Taxation (2012, April 6). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
California Federation of Teachers
Assembly Committee on Revenue and Taxation (2012, April 6). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
California Professional Firefighters
Assembly Committee on Revenue and Taxation (2012, April 6). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
California Tax Reform Association
Assembly Committee on Revenue and Taxation (2012, April 6). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.
Service Employees International Union
Assembly Committee on Revenue and Taxation (2012, May 11). Assembly Committee Analysis. Retrieved June 5, 2012, from Leginfo: Bill Analysis.

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View citations of support and opposition

Includes reported contributions to campaigns of Assemblymembers in office during the 2011-2012 California State Legislature, from interest groups invested in the vote according to MapLight, January 1, 2011 – December 31, 2012.
Contributions data source: FollowTheMoney.org

Contributions by Legislator

Namesort iconPartyDistrict$ From Interest Groups
That Supported
$ From Interest Groups
That Opposed
Katcho AchadjianRCA-33$0$34,100
Luis AlejoDCA-28$0$60,000
Michael AllenDCA-7$0$217,100
Tom AmmianoDCA-13$0$41,924
Toni AtkinsDCA-76$0$53,100
Jim BeallDCA-24$0$179,044
Bill BerryhillRCA-26$1,500$19,700
Marty BlockDCA-78$0$192,950
Bob BlumenfieldDCA-40$0$75,950
Susan BonillaDCA-11$0$67,790
Steven BradfordDCA-51$0$55,200
Julia BrownleyDCA-41$0$0
Joan BuchananDCA-15$1,000$76,450
Betsy ButlerDCA-53$0$176,900
Charles CalderonDCA-58$0$0
Nora CamposDCA-23$0$60,951
Wilmer Amina CarterDCA-62$0$0
Gilbert CedilloDCA-45$0$0
Wesley ChesbroDCA-1$0$47,650
Connie ConwayRCA-34$7,800$29,900
Paul CookRCA-65$0$0
Mike DavisDCA-48$0$0
Roger DickinsonDCA-9$0$74,450
Tim DonnellyRCA-59$0$6,000
Mike EngDCA-49$0$0
Mike FeuerDCA-42$0$0
Nathan FletcherRCA-75$0$0
Paul FongDCA-22$0$108,034
Felipe FuentesDCA-39$0$0
Warren FurutaniDCA-55$0$0
Beth GainesRCA-4$3,500$8,000
Cathleen GalgianiDCA-17$0$179,180
Martin GarrickRCA-74$0$0
Mike GattoDCA-43$1,500$91,600
Rich GordonDCA-21$0$46,700
Jeff GorellRCA-37$2,500$31,200
Shannon GroveRCA-32$0$3,500
Curt HagmanRCA-60$8,800$24,000
Linda HaldermanRCA-29$0$0
Isadore HallDCA-52$0$61,600
Diane HarkeyRCA-73$8,800$8,400
Mary HayashiDCA-18$0$0
Roger HernandezDCA-57$0$54,700
Jerry HillDCA-19$0$75,000
Alyson HuberDCA-10$0$0
Ben HuesoDCA-79$0$58,300
Jared HuffmanDCA-6$0$0
Kevin JeffriesRCA-66$0$0
Brian JonesRCA-77$6,300$3,000
Steve KnightRCA-36$0$15,200
Ricardo LaraDCA-50$0$80,900
Dan LogueRCA-3$1,500$11,000
Bonnie LowenthalDCA-54$0$22,400
Fiona MaDCA-12$0$0
Allan MansoorRCA-68$1,000$7,800
Tony MendozaDCA-56$0$0
Jeff MillerRCA-71$3,500$22,000
Holly MitchellDCA-47$0$55,331
Bill MonningDCA-27$0$84,322
Mike MorrellRCA-63$1,000$14,774
Brian NestandeRCA-64$0$40,600
Jim NielsenRCA-2$0$5,500
Chris NorbyRCA-72$1,000$6,500
Kristin OlsenRCA-25$4,900$12,150
Richard PanDCA-5$3,500$140,542
Henry PereaDCA-31$0$34,200
John PerezDCA-46$0$199,900
Manuel PerezDCA-80$0$48,100
Anthony PortantinoDCA-44$0$0
Jim SilvaRCA-67$0$0
Nancy SkinnerDCA-14$0$67,405
Cameron SmythRCA-38$0$0
Jose SolorioDCA-69$0$0
Sandre SwansonDCA-16$0$0
Norma TorresDCA-61$0$51,653
David ValadaoRCA-30$0$0
Don WagnerRCA-70$7,800$0
Bob WieckowskiDCA-20$0$78,100
Das WilliamsDCA-35$0$128,300
Mariko YamadaDCA-8$0$40,453

Add Data Filters:

Legislator Filters
Legislator Filters
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NamePartyDistrict$ From Interest Groups
That Supported
$ From Interest Groups
That Opposed
Katcho AchadjianRCA-33$0$34,100
Luis AlejoDCA-28$0$60,000
Michael AllenDCA-7$0$217,100
Tom AmmianoDCA-13$0$41,924
Toni AtkinsDCA-76$0$53,100
Jim BeallDCA-24$0$179,044
Bill BerryhillRCA-26$1,500$19,700
Marty BlockDCA-78$0$192,950
Bob BlumenfieldDCA-40$0$75,950
Susan BonillaDCA-11$0$67,790
Steven BradfordDCA-51$0$55,200
Julia BrownleyDCA-41$0$0
Joan BuchananDCA-15$1,000$76,450
Betsy ButlerDCA-53$0$176,900
Charles CalderonDCA-58$0$0
Nora CamposDCA-23$0$60,951
Wilmer Amina CarterDCA-62$0$0
Gilbert CedilloDCA-45$0$0
Wesley ChesbroDCA-1$0$47,650
Connie ConwayRCA-34$7,800$29,900
Paul CookRCA-65$0$0
Mike DavisDCA-48$0$0
Roger DickinsonDCA-9$0$74,450
Tim DonnellyRCA-59$0$6,000
Mike EngDCA-49$0$0
Mike FeuerDCA-42$0$0
Nathan FletcherRCA-75$0$0
Paul FongDCA-22$0$108,034
Felipe FuentesDCA-39$0$0
Warren FurutaniDCA-55$0$0
Beth GainesRCA-4$3,500$8,000
Cathleen GalgianiDCA-17$0$179,180
Martin GarrickRCA-74$0$0
Mike GattoDCA-43$1,500$91,600
Rich GordonDCA-21$0$46,700
Jeff GorellRCA-37$2,500$31,200
Shannon GroveRCA-32$0$3,500
Curt HagmanRCA-60$8,800$24,000
Linda HaldermanRCA-29$0$0
Isadore HallDCA-52$0$61,600
Diane HarkeyRCA-73$8,800$8,400
Mary HayashiDCA-18$0$0
Roger HernandezDCA-57$0$54,700
Jerry HillDCA-19$0$75,000
Alyson HuberDCA-10$0$0
Ben HuesoDCA-79$0$58,300
Jared HuffmanDCA-6$0$0
Kevin JeffriesRCA-66$0$0
Brian JonesRCA-77$6,300$3,000
Steve KnightRCA-36$0$15,200
Ricardo LaraDCA-50$0$80,900
Dan LogueRCA-3$1,500$11,000
Bonnie LowenthalDCA-54$0$22,400
Fiona MaDCA-12$0$0
Allan MansoorRCA-68$1,000$7,800
Tony MendozaDCA-56$0$0
Jeff MillerRCA-71$3,500$22,000
Holly MitchellDCA-47$0$55,331
Bill MonningDCA-27$0$84,322
Mike MorrellRCA-63$1,000$14,774
Brian NestandeRCA-64$0$40,600
Jim NielsenRCA-2$0$5,500
Chris NorbyRCA-72$1,000$6,500
Kristin OlsenRCA-25$4,900$12,150
Richard PanDCA-5$3,500$140,542
Henry PereaDCA-31$0$34,200
John PerezDCA-46$0$199,900
Manuel PerezDCA-80$0$48,100
Anthony PortantinoDCA-44$0$0
Jim SilvaRCA-67$0$0
Nancy SkinnerDCA-14$0$67,405
Cameron SmythRCA-38$0$0
Jose SolorioDCA-69$0$0
Sandre SwansonDCA-16$0$0
Norma TorresDCA-61$0$51,653
David ValadaoRCA-30$0$0
Don WagnerRCA-70$7,800$0
Bob WieckowskiDCA-20$0$78,100
Das WilliamsDCA-35$0$128,300
Mariko YamadaDCA-8$0$40,453

Interest Groups that supported this bill

$ Donated
Chambers of commerce$62,400
Public official (elected or appointed)$3,500
General business associations$0

Interest Groups that opposed this bill

$ Donated
Police & fire fighters unions and associations$1,293,027
State & local government employee unions$1,252,526
Teachers unions$795,150
Fiscal & tax policy$48,800
Commercial service unions$0
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