Franchise Tax Board: membership.
Summary
Existing law establishes, in the Government Operations Agency, the Franchise Tax Board consisting of the Controller, the Director of Finance, and the Chairperson of the State Board of Equalization. Existing law prescribes various powers and duties to the Franchise Tax Board, including, among other things, the administration of state personal income taxes and corporation franchise and income taxes. This bill, beginning July 1, 2025, would add the Lieutenant Governor and the Treasurer as members of the Franchise Tax Board. The bill would also require the Controller to serve as the chair of the board.
Bill status
vetoed
4 of 5 stages cleared
Introduction
Feb 2024
Committee Review
Aug 2024
Assembly Passage
May 2024
Senate Passage
Aug 2024
Vetoed
Sep 2024
Introduced Feb 8, 2024
Vetoed Sep 20, 2024
Floor votes · Senate Aug 20, 2024 · Assembly May 23, 2024
How they voted
26–10
Passed · 4 other
Total votes 40
Aug 20, 2024
D
Democratic31
83% Yea
R
Republican9
100% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
23
Key actions
12
Committee
11
Amendments
2
Sep 20, 2024
Vetoed
Vetoed by Governor.
lower
Aug 20, 2024
Lower · Passed
In Assembly. Ordered to Engrossing and Enrolling.
lower
Aug 20, 2024
Upper · Passed
Read third time. Passed. Ordered to the Assembly. (Ayes 26. Noes 10. Page 5233.).
upper
Aug 5, 2024
Upper · Passed
From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
upper
Jun 26, 2024
Upper · Passed
From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0.) (June 26). Re-referred to Com. on APPR.
upper
Jun 5, 2024
Committee
Referred to Com. on REV. & TAX.
upper
May 23, 2024
Assembly · Passed
Assembly Vote: pass (50-11-19)
assembly
May 22, 2024
Lower · Passed
Read third time. Passed. Ordered to the Senate. (Ayes 50. Noes 11. Page 5555.)
lower
May 20, 2024
Lower · Passed
Read third time and amended. Ordered to third reading. (Page 5291.)
lower
May 8, 2024
Lower · Passed
From committee: Do pass. (Ayes 11. Noes 4.) (May 8).
lower
May 1, 2024
Lower · Passed
In committee: Hearing postponed by committee.
lower
Apr 2, 2024
Lower · Passed
From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 2.) (April 1). Re-referred to Com. on APPR.
lower
Apr 1, 2024
Committee
Re-referred to Com. on REV. & TAX.
lower
Mar 21, 2024
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
lower
Mar 11, 2024
Lower · Passed
In committee: Set, first hearing. Hearing canceled at the request of author.
lower
Feb 26, 2024
Committee
Referred to Com. on REV. & TAX.
lower
Feb 9, 2024
Lower · Passed
From printer. May be heard in committee March 10.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Evan Low
DDemocratic
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