Bill > SB999

This bill, concerning reporting requirements for the Franchise Tax Board (FTB), a state agency responsible for administering tax laws, proposes to change the deadline for its annual report to the Legislature regarding health coverage penalties paid by households. Currently, the FTB is required to submit this report by March 1st each year, but this bill would move that deadline to June 1st, providing the agency with an additional three months to compile and submit the detailed information. The report includes data on the number of households and dependents paying penalties, the total penalty amounts imposed, exemptions applied, and information on state financial subsidies related to these penalties, all broken down by county and income levels.

Budget and Finance

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB999