Sales and use taxes: underpayment: interest.
Summary
Existing law provides that interest is paid by taxpayers and feepayers with respect to underpayments of various taxes, surcharges, and fees at the modified adjusted rate, as defined by reference to a specified federal statute, as modified, plus 3 percentage points. This bill would delete the requirement to add 3 percentage points.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2011
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2011
Last action Jan 31, 2012
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
13
Key actions
2
Committee
3
Amendments
1
May 26, 2011
Upper · Passed
Held in committee and under submission.
upper
May 2, 2011
Upper · Passed
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0. Page 762.) (April 27).
upper
Mar 31, 2011
Committee
Re-referred to Com. on GOV. & F.
upper
Feb 24, 2011
Committee
Referred to Com. on RLS.
upper
Feb 16, 2011
Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lou Correa
DDemocratic
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