Income taxes: designated contributions: senior citizens.

Existing law allows taxpayers, until January 1, 2010, to contribute amounts in excess of their personal income tax liability for the support of the California Fund for Senior Citizens. Existing law repeals the contribution provisions for this fund either on the September 1 following the calendar year for which the Franchise Tax Board estimates that the minimum contribution amount will be less than a prescribed amount or on January 1, 2010, whichever occurs first. This bill would, under this latter limit, extend the operation of those contribution provisions until January 1, 2015.