California 2009-2010 Regular Session Status: Passed Assembly 1 D cosponsors

AB 697 — Corporation taxes: underpayments: penalty.

Last action — From Senate committee without further action.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2009-2010 Regular Session. It reached “Passed Assembly” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The Corporation Tax Law, for taxable years beginning on or after January 1, 2003, imposes a penalty on a tax payer with an understatement of tax in excess of $1,000,000 in an amount equal to 20% of that understatement. This bill would limit the imposition of the penalty to taxable years beginning before January 1, 2008, and would repeal the penalty provisions on December 1, 2010.

Bill Text

Action History

  1. From Senate committee without further action.

  2. In committee: Referred to REV. & TAX. suspense file.

  3. Re-referred to Com. on REV. & TAX.

  4. From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS.

  5. Referred to Com. on RLS.

  6. In Senate. Read first time. To Com. on RLS. for assignment.

  7. Read third time, passed, and to Senate. (Ayes 77. Noes 0. Page 1557.)

  8. Read second time. To Consent Calendar.

  9. From committee: Do pass. To Consent Calendar. (May 11).

  10. Re-referred to Com. on REV. & TAX.

  11. From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.

  12. Referred to Com. on REV. & TAX.

  13. From printer. May be heard in committee March 30.

  14. Read first time. To print.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

AB 697 CALDERON Consent Calendar Second Day Regular Session

Passed 89 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 81003
Democratic 5000
Republican 3000
Total 89003
% of votes cast 97%0%0%3%
How each member voted (92)
Member Party Vote
Carter — Yea
Evans — Yea
Chesbro — Yea
Conway — Yea
Bill — Yea
Berryhill — Yea
Tom — Yea
Berryhill — Yea
Fuentes — Yea
Fuller — Yea
Galgiani — Yea
Garrick — Yea
Hagman — Yea
Charles — Yea
Hall — Yea
Hayashi — Yea
Hernandez — Yea
Hill — Yea
Huffman — Yea
Jeffries — Yea
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Krekorian — Yea
Lieu — Yea
Fletcher — Yea
Gaines — Yea
Bonnie — Yea
Anderson — Yea
Beall — Yea
Blakeslee — Yea
Cook — Yea
Coto — Yea
Davis — Yea
Duvall — Yea
Mendoza — Yea
Monning — Yea
Nava — Yea
V. — Yea
Manuel — Yea
Perez — Yea
John — Yea
A. — Yea
Perez — Yea
Portantino — Yea
Salas — Yea
Audra — Yea
Saldana — Not Voting
Bass — Yea
Price — Not Voting
Ruskin — Yea
Skinner — Yea
Solorio — Yea
Torlakson — Yea
Torres — Yea
Tran — Yea
Villines — Yea
Adams — Yea
Ammiano — Yea
Block — Yea
Blumenfield — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Yea
Huber — Yea
Knight — Yea
Logue — Yea
Ma — Yea
Miller — Yea
Nestande — Yea
Nielsen — Yea
Silva — Yea
Smyth — Yea
Swanson — Yea
Torrico — Yea
Emmerson — Yea
Eng — Not Voting
Feuer — Yea
DeVore — Yea
Yamada — Yea
Furutani — Yea
Gilmore — Yea
Arambula, Joaquin Democratic Yea
Caballero, Anna M. Democratic Yea
Calderon, Lisa Democratic Yea
Fong, Mike Democratic Yea
Lowenthal, Josh Democratic Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea
Strickland, Tony Republican Yea

Official roll call →

Do pass, to Consent Calendar.

Passed 10 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 9000
Democratic 1000
Total 10000
% of votes cast 100%0%0%0%
How each member voted (10)
Member Party Vote
Charles — Yea
Portantino — Yea
Saldana — Yea
Beall — Yea
Harkey — Yea
Ma — Yea
Nielsen — Yea
Coto — Yea
DeVore — Yea
Calderon, Lisa Democratic Yea

Official roll call →

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 697 do?
The Corporation Tax Law, for taxable years beginning on or after January 1, 2003, imposes a penalty on a tax payer with an understatement of tax in excess of $1,000,000 in an amount equal to 20% of that understatement. This bill would limit the imposition of the penalty to taxable years beginning before January 1, 2008, and would repeal the penalty provisions on December 1, 2010.
Who sponsors AB 697?
AB 697 is sponsored by Calderon, Lisa (Democratic).
What is the current status of AB 697?
This bill died with 2009-2010 Regular Session. It reached “Passed Assembly” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 697?
Track AB 697 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 2 months ago · updated continuously

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