SB 137 California Senate · 2009-2010 Regular Session

Income tax: overpayments: interest.

Summary

Existing income and corporation tax laws require the payment of interest on overpayments of tax, except that no interest is required if the overpayments are refunded or credited within specified 90-day time periods. This bill would provide that, in the case of any individual taxable under the Personal Income Tax Law, in the circumstance in which the Controller makes a specified determination, interest shall be allowed and paid on refund warrants that are delayed, as provided. This bill would make a legislative finding and declaration regarding the public purpose served by the bill.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2009

Committee Review

Floor Vote

Governor

Introduced Feb 10, 2009 Last action Feb 1, 2010

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 28, 2009

Upper · Passed

Set, first hearing. Held in committee and under submission.

upper

Apr 27, 2009

Committee

Read second time. Amended. Re-referred to Com. on APPR.

upper

Apr 23, 2009

Upper · Passed

From committee: Do pass as amended, but first amend, and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 638.)

upper

Apr 2, 2009

Committee

Re-referred to Com. on REV. & TAX.

upper

Feb 10, 2009

Introduced

Introduced. Read first time. To Com. on RLS. for assignment. To print.

upper

1 primary · 0 co-sponsors