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CA SB440

CA SB440
State Board of Equalization: returns and payment: extension: state of emergency.


summary

Introduced
02/16/2021
In Committee
08/25/2022
Crossed Over
01/24/2022
Passed
08/30/2022
Dead
Signed/Enacted/Adopted
09/13/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

An act to amend Sections 32255 and 32256 of, and to add Section 32253.5 to, the Revenue and Taxation Code, relating to taxation.

AI Summary

This bill authorizes the State Board of Equalization (the Board) to extend, for up to 3 months, the time for taxpayers in areas covered by a state of emergency proclamation issued by the Governor to submit any required reports or pay any taxes under the Alcoholic Beverage Tax Law. The bill also allows the Board to grant relief from penalties or interest accrued by these taxpayers during the state of emergency, but only within the first 12 months or the duration of the state of emergency, whichever is less. The purpose is to provide temporary tax filing and payment flexibility for individuals and businesses affected by a declared state of emergency.

Committee Categories

Budget and Finance, Business and Industry, Government Affairs

Sponsors (1)

Last Action

Chaptered by Secretary of State. Chapter 299, Statutes of 2022. (on 09/13/2022)

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