SB 506 California Senate · 2011-2012 Regular Session

State finance: warrants.

Summary

Existing law authorizes a taxpayer who has a tax liability with respect to personal income taxes or bank and corporation taxes, and who is a payee named in a registered warrant to pay the tax liability with the registered warrant, as specified. This bill would provide that if a registered warrant is issued for the payment of principal or interest due on a state bond, then the beneficial owner of that state bond may offset the principal amount of the registered warrant that is attributable to that beneficial owner's beneficial interest in the state bond against an existing tax liability, subject to certain requirements and procedures.

Bill status signed all 5 stages cleared

Introduction

Feb 2011

Committee Review

Aug 2011

Senate Passage

May 2011

Assembly Passage

Aug 2011

Signed into Law

Sep 2011

Introduced Feb 17, 2011 Signed Sep 21, 2011

Floor votes · Senate Aug 30, 2011 · Assembly Aug 29, 2011

How they voted

30–0

Passed · 1 other

Total votes 31

Aug 30, 2011

D Democratic20

20 Yea

100% Yea

R Republican11

10 Yea 1

90% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Sep 20, 2011

Signed into law

Approved by the Governor.

legislature

Aug 30, 2011

Senate · Passed

Senate Vote: pass (30-0-1)

senate

Aug 30, 2011

Upper · Passed

Assembly amendments concurred in. (Ayes 37. Noes 0. Page 2147.) Ordered to engrossing and enrolling.

upper

Aug 29, 2011

Assembly · Passed

Assembly Vote: pass (68-1-1)

assembly

Aug 29, 2011

Introduced

In Senate. Concurrence in Assembly amendments pending.

upper

Jul 13, 2011

Lower · Passed

From committee: Do pass. Ordered to consent calendar. (Ayes 16. Noes 0.) (July 13).

lower

Jun 28, 2011

Committee

From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 27). Re-referred to Com. on APPR.

lower

Jun 21, 2011

Committee

From committee: Do pass and re-refer to Com. on REV. & TAX. (Ayes 9. Noes 0.) (June 20). Re-referred to Com. on REV. & TAX.

lower

Jun 2, 2011

Committee

Referred to Coms. on B. & F. and REV. & TAX.

lower

May 17, 2011

Upper · Passed

From committee: Be placed on second reading file pursuant to Senate Rule 28.8.

upper

May 4, 2011

Upper · Passed

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0. Page 858.) (May 4).

upper

May 2, 2011

Committee

Re-referred to Com. on GOV. & F.

upper

Apr 26, 2011

Committee

From committee: Do pass and re-refer to Com. on RLS. with recommendation: To consent calendar. (Ayes 12. Noes 0. Page 739.) (April 26). Re-referred to Com. on RLS.

upper

Mar 31, 2011

Committee

Referred to Com. on G.O.

upper

Feb 17, 2011

Introduced

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

upper

1 primary · 2 co-sponsors