AB 1257

  • California Assembly Bill
  • 2017-2018 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Franchise Tax Board: debtor payment priorities.

Abstract

Existing law requires, in the event that the debtor has more than one debt being collected by the Franchise Tax Board and the amount collected is insufficient to satisfy the total amount owed, the amount collected to be applied to specified priorities. Existing law also establishes, for tax liabilities that are due and payable, as defined, before, on, or after July 1, 2006, a statute of limitations on collections of those liabilities to limit the collection period to 20 years beginning from the last statutory lien date for each taxable year, and would extinguish that liability for that taxable year by abating the underlying tax. This bill, beginning January 1, 2020, would make restitution payments to victims of crimes the first priority for debt collected by the Franchise Tax Board and would provide for a stay on the statute of limitations for collection of tax due for the period for which an outstanding restitution amount exists.

Bill Sponsors (14)

Votes


No votes to display

Actions


Feb 01, 2018

Assembly

From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

Jan 31, 2018

Assembly

Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

May 26, 2017

Assembly

In committee: Held under submission.

Apr 26, 2017

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR APPR. suspense file.

Apr 18, 2017

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

Apr 17, 2017

Assembly

Read second time and amended.

Apr 06, 2017

Assembly

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (April 3).

Mar 09, 2017

Assembly

Referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Feb 19, 2017

Assembly

From printer. May be heard in committee March 21.

Feb 17, 2017

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1257 HTML
02/17/17 - Introduced PDF
04/17/17 - Amended Assembly PDF

Related Documents

Document Format
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Sources

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