Corporate franchise taxes.
Summary
The Corporation Tax Law prescribes the conditions for when a taxpayer is doing business in this state for a taxable year. Under existing law, a corporation holding stock and bonds but engaging in no activities other than receiving dividends, as specified, is not doing business in the state for a taxable year. This bill would make nonsubstantive changes to that provision.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 21, 2020
Last action Mar 5, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Mar 5, 2020
Committee
Referred to Com. on RLS.
upper
Feb 21, 2020
Introduced
Introduced. To Com. on RLS. for assignment. To print.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Toni Atkins
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1310
Scope: CA
Hi! I can help you understand SB 1310. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline