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AB 2725 California Assembly · 2009-2010 Regular Session

Corporation taxes: penalty.

Summary
Existing law imposes a penalty on a taxpayer subject to the Corporation Tax Law with a specified understatement of tax, as defined, in an amount equal to 20% of that understatement, except as specified. This bill would delete the provisions imposing that penalty.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2010
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2010 Last action Nov 30, 2010
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
11
Key actions
2
Committee
6
Amendments
2
Apr 19, 2010
Lower · Passed
In committee: Set, first hearing. Held under submission.
lower
Apr 19, 2010
Committee
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
lower
Apr 15, 2010
Committee
Re-referred to Com. on REV. & TAX.
lower
Apr 14, 2010
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
lower
Apr 12, 2010
Committee
Re-referred to Com. on REV. & TAX.
lower
Apr 8, 2010
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
lower
Apr 8, 2010
Committee
Referred to Com. on REV. & TAX.
lower
Feb 21, 2010
Lower · Passed
From printer. May be heard in committee March 23.
lower
Feb 19, 2010
Introduced
Introduced. To print.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
BN
Brian Nestande
RRepublican
CA
42