Income taxes: voluntary contributions: blood banks.

Existing law contains various provisions relating to the administration of personal income taxes allowing individual taxpayers to contribute amounts in excess of their tax liability for the support of specified funds. This bill would allow taxpayers to designate on their tax returns that a specified amount in excess of their tax liability be transferred to the California Blood Banks Designated Area Emergency Operation Centers Fund, which would be created by this bill. This bill would provide that all money contributed to the fund pursuant to these provisions is subject to appropriation by the Legislature, as specified. This bill would provide that these voluntary contribution provisions are repealed on January 1, 2015, or for the taxable year beginning on or after January 1 of the calendar year in which the Franchise Tax Board estimates, by September 1, that the contributions made on returns filed in that calendar year will be less than a specified minimum contribution amount, whichever occurs first.