Today's Law As Amended


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AB-385 Seniors’ tax assistance: full value: property tax equivalent.(2001-2002)



As Amends the Law Today


SECTION 1.

 Section 20542 of the Revenue and Taxation Code is amended to read:

20542.
 (a) The Franchise Tax Board, pursuant to the provisions of Article 3 (commencing with Section 20561), of this chapter, shall provide assistance to the claimant based on a percentage of the property tax accrued and paid by the claimant on the residential dwelling as provided in Section 20543 or the statutory property tax equivalent pursuant to Section 20544. In case of an owner-claimant, the assistance shall be equal to the applicable percentage of property taxes paid on the full value of the residential dwelling up to, and including, thirty-four forty-seven  thousand six hundred  dollars ($34,000). ($47,600).  No assistance shall be allowed for property taxes paid on that portion of full value of a residential dwelling exceeding thirty-four forty-seven  thousand six hundred  dollars ($34,000). ($47,600).  No assistance shall be provided if the amount of the assistance claim is five dollars ($5) or less.
(b) For purposes of allowing the  assistance provided for by this section:
(1) (A) Only one owner-claimant from one household each year shall be entitled to assistance under this chapter. When two or more individuals of a household are able to meet the qualifications for an owner-claimant, they may determine who the owner-claimant shall be. If they are unable to agree, the matter shall be referred to the Franchise Tax Board and its decision shall be final.
(B) When two or more individuals pay rent for the same premises and each individual meets the qualifications for a renter-claimant, each qualified individual shall be entitled to assistance under this part.
For the purposes of this subparagraph, spouses  a husband and wife  residing in the same premises shall be presumed to be one renter.
(2) Except as provided in paragraph (3), the right to file a claim shall be personal to the claimant and shall not survive his or her death; however, when a claimant dies after having filed a timely claim, the amount thereof may be disbursed to the surviving spouse and, if no surviving spouse, to any other member of the household who is a qualified claimant. If there is no surviving spouse or otherwise qualified claimant, the claim shall be disbursed to any other member of the household. In the event two or more individuals qualify for payment as either an otherwise qualified claimant or a member of the household, they may determine which of them will be paid. If they are unable to agree, the matter shall be referred to the Franchise Tax Board and its decision shall be final.
(3) If, after January 1 of the property tax fiscal year for which a claim may be filed, a claimant dies without filing a timely claim, a claim on behalf of such that  claimant may be filed by the surviving spouse within the filing period prescribed in subdivision (a) or (b) of Section 20563.
(4) If an individual postponed taxes for any given property tax fiscal year under Chapter 2 (commencing with Section 20581), Chapter 3 (commencing with Section 20625), Chapter 3.3 (commencing with Section 20639), or Chapter 3.5 (commencing with Section 20640), then any claim for assistance under this chapter for the same property tax fiscal year shall be filed by such that  individual (assuming all other eligibility requirements in this chapter are satisfied) and not an otherwise qualified member of the individual’s household.

SEC. 2.

 Section 20543 of the Revenue and Taxation Code is amended to read:

20543.
 (a) (1) The amount of assistance for a claimant owning his or her residential dwelling shall be based on the  claimant’s household income for the period set forth in Section 20503.
(2) Except as provided in paragraph (3), the percentage of assistance for which each claimant owning his or her residential dwelling shall be eligible shall be based on the following scale:
If the total household income (as defined
in this part) is not more than:
The percentage of tax on the first $47,600 of full value (as determined for tax purposes) used to provide assistance is:
$3,300 ........................
96%
 3,520 ........................
94
 3,740 ........................
92
 3,960 ........................
90
 4,180 ........................
88
 4,400 ........................
86
 4,620 ........................
84
 4,840 ........................
82
 5,060 ........................
80
 5,280 ........................
78
 5,500 ........................
76
 5,720 ........................
73
 5,940 ........................
69
 6,160 ........................
65
 6,380 ........................
61
 6,600 ........................
57
 6,820 ........................
53
 7,040 ........................
49
 7,260 ........................
45
 7,480 ........................
41
 7,700 ........................
37
 7,920 ........................
34
 8,140 ........................
31
 8,360 ........................
28
 8,580 ........................
25
 8,800 ........................
22
 9,020 ........................
20
 9,240 ........................
18
 9,460 ........................
16
 9,680 ........................
14
 9,900 ........................
12
10,450 ........................
10
11,000 ........................
 8
11,550 ........................
 7
12,100 ........................
 6
12,650 ........................
 5
13,200 ........................
 4
(2) (3)  For claims filed with respect to the 2001 calendar year and each calendar year thereafter,  2000 calendar year,  the percentage of assistance for which each claimant owning his or her residential dwelling shall be eligible shall be  based on the following scale:
If the total household income (as defined
in this part) is not more than:
The percentage of tax on the first $34,000 of full value (as determined for tax purposes) used to provide assistance is:
If the total household income (as defined
in this part) is not more than:
The percentage of tax on
the first $34,000 of full
value (as determined
for tax purposes) used
to provide assistance
is:
$8,812 $8,498  ........................
139%  240% 
 9,400 9,065  ........................
136  235  
 9,987 9,631  ........................
133  230  
10,575 10,198  ........................
131  225  
11,163 10,765  ........................
128  220  
11,750 11,331  ........................
125 215  
12,337 11,897  ........................
122  210  
12,925 12,464  ........................
119  205  
13,513 13,031  ........................
116  200  
13,598 ........................
195
14,164 ........................
190
14,730 ........................
183
15,297 ........................
173
15,864 ........................
163
16,430 ........................
153
16,997 ........................
143
17,563 ........................
133
18,129 ........................
123
14,101 18,697  ........................
 113 
14,688 19,263  ........................
110  103  
15,275 19,830  ........................
106  93  
15,863 20,396  ........................
100  85  
16,451 20,962  ........................
94  78 
17,038 21,530  ........................
88  70 
17,626 22,096  ........................
83  63 
18,213 22,662  ........................
77  55 
18,800 23,229  ........................
71  50 
19,389  ........................
65
19,976  ........................
59
20,564  ........................
54
21,151  ........................
49
21,738 23,795  ........................
 45
22,327 24,362  ........................
41  40 
22,914 24,929  ........................
36  35 
23,500 25,495  ........................
32  30 
24,088 26,912  ........................
29  25 
24,675  ........................
26
25,263  ........................
23
25,851 28,328  ........................
 20
26,438 29,745  ........................
17  18 
27,908 31,161  ........................
 15
29,376 32,578  ........................
12  13 
30,846 33,993  ........................
 10
32,314  ........................
 9
33,783  ........................
 7
35,251  ........................
 6
(b) (1) With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 1999 or 2001 calendar year, the household income figures set forth in paragraph (2) of subdivision (a) shall be multiplied by a factor of 2.51.
(2) With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 2002 calendar year, the household income figures set forth in paragraph (2) of subdivision (a) shall be multiplied by a factor of 3.03.
(b) (c)  With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 2002 2003  calendar year and each year thereafter, the household income figures that apply to assistance provided by the Franchise Tax Board during that period shall be the household income figures that applied to assistance provided by the Franchise Tax Board in the same period in the immediately preceding year, multiplied by an inflation factor calculated as follows:
(1) On or before February 1 of each year, the Department of Industrial Relations shall transmit to the Franchise Tax Board the percentage change in the California Consumer Price Index for all items from June of the second preceding calendar year to June of the immediately preceding calendar year.
(2) The Franchise Tax Board shall add 100 percent to the percentage change figure that is furnished pursuant to paragraph (1) and divide the result by 100.
(3) The Franchise Tax Board shall multiply the immediately preceding household income figure by the inflation adjustment factor determined in paragraph (2), and round off the resulting product to the nearest one dollar ($1).

SEC. 3.

 Section 20544 of the Revenue and Taxation Code is amended to read:

20544.
 (a) (1) The amount of assistance for a claimant renting his or her residence shall be based on the claimant’s household income for the time period set forth in Section 20503.
(2) Except as provided in paragraph (3), the percentage of assistance for which each claimant renting his or her residence shall be eligible shall be based on the following scale:
_____
_____
The percentage of the
If the total household
The statutory
 statutory property tax
 income (as defined in this
property tax
 equivalent used to
 part) is not more than:
equivalent is:
 provide assistance is:
$3,300 ........................
$350 ........................
96%
 3,520 ........................
 350 ........................
94
 3,740 ........................
 350 ........................
92
 3,960 ........................
 350 ........................
90
 4,180 ........................
 350 ........................
88
 4,400 ........................
 350 ........................
86
 4,620 ........................
 350 ........................
84
 4,840 ........................
 350 ........................
82
 5,060 ........................
 350 ........................
80
 5,280 ........................
 350 ........................
78
 5,500 ........................
 350 ........................
76
 5,720 ........................
 350 ........................
73
 5,940 ........................
 350 ........................
69
 6,160 ........................
 350 ........................
65
 6,380 ........................
 350 ........................
61
 6,600 ........................
 350 ........................
57
 6,820 ........................
 350 ........................
53
 7,040 ........................
 350 ........................
49
 7,260 ........................
 350 ........................
45
 7,480 ........................
 350 ........................
41
 7,700 ........................
 350 ........................
37
 7,920 ........................
 350 ........................
34
 8,140 ........................
 350 ........................
31
 8,360 ........................
 350 ........................
28
 8,580 ........................
 350 ........................
25
 8,800 ........................
 350 ........................
22
 9,020 ........................
 350 ........................
20
 9,240 ........................
 350 ........................
18
 9,460 ........................
 350 ........................
16
 9,680 ........................
 350 ........................
14
 9,900 ........................
 350 ........................
12
10,450 ........................
 350 ........................
10
11,000 ........................
 350 ........................
8
11,550 ........................
 350 ........................
7
12,100 ........................
 350 ........................
6
12,600 ........................
 350 ........................
5
13,200 ........................
 350 ........................
4
(2) (3)  For claims filed with respect to the 2001 2000  calendar year, and each calendar year thereafter,  the percentage of assistance for which each claimant renting his or her residence shall be eligible shall be based on the following scale:
_____
_____
The percentage of the
_____
_____
The percentage of the
If the total household
The statutory
 statutory property tax
If the total household
The statutory
 statutory property tax
 income (as defined in this
property tax
 equivalent used to
 income (as defined in this
property tax
 equivalent used to
 part) is not more than:
equivalent is:
 provide assistance is:
 part) is not more than:
equivalent is:
 provide assistance is:
$8,812 $8,498   ........................
$250 $625   ........................
139%  96% 
 9,400 9,065   ........................
 250 625  ........................
136  94 
 9,987 9,631   ........................
 250 625   ........................
133  92 
10,575  10,198   ........................
 250 625   ........................
131  90 
11,163  ........................
 250  ........................
128
11,750  ........................
 250  ........................
125
12,337  ........................
 250  ........................
122
12,925  ........................
 250  ........................
119
13,513  ........................
 250  ........................
116
14,101  ........................
 250  ........................
113
14,688  ........................
 250  ........................
110
15,275  ........................
 250  ........................
106
15,863  ........................
 250  ........................
100
16,451  ........................
 250  ........................
 94
17,038  10,765   ........................
 250 625   ........................
   88
17,626  11,331   ........................
 250 625   ........................
86 83 
18,213  11,897   ........................
 250 625   ........................
84 77 
18,800  12,464   ........................
 250 625   ........................
82 71 
13,031 ........................
 625 ........................
80
13,598 ........................
 625 ........................
78
14,164 ........................
 625 ........................
76
14,730 ........................
 625 ........................
73
15,297 ........................
 625 ........................
69
19,389  15,864   ........................
 250 625   ........................
   65
19,976  16,430   ........................
 250 625   ........................
61 59 
20,564  16,997   ........................
 250 625   ........................
57 54 
17,563 ........................
 625 ........................
53
21,151  18,219   ........................
 250 625   ........................
   49
21,738  18,697   ........................
 250 625   ........................
   45
22,327  19,263   ........................
 250 625   ........................
   41
22,914  19,830   ........................
 250 625   ........................
37 36 
23,500  20,396   ........................
 250 625   ........................
34 32 
24,088  20,962   ........................
 250 625   ........................
31 29 
24,675  21,530   ........................
 250 625   ........................
28 26 
25,263  22,096   ........................
 250 625   ........................
25 23 
22,662 ........................
 625 ........................
22
25,851  23,229   ........................
 250 625   ........................
   20
26,438  23,795   ........................
 250 625   ........................
18 17 
27,908  24,362   ........................
 250 625   ........................
16 15 
24,929 ........................
 625 ........................
14
29,376  25,495   ........................
 250 625   ........................
   12
30,846  26,912   ........................
 250 625   ........................
   10
32,314  28,328   ........................
 250 625   ........................
8  9 
33,783  29,745   ........................
 250 625   ........................
    7
35,251  31,161   ........................
 250 625   ........................
    6
32,578 ........................
 625 ........................
5
33,993 ........................
 625 ........................
4
(b) (1) With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 1999 or 2001 calendar year, the household income figures set forth in paragraph (2) of subdivision (a) shall be multiplied by a factor of 2.51.
(2) With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 2002 calendar year, the household income figures set forth in paragraph (2) of subdivision (a) shall be multiplied by a factor of 3.03.
(b) (c)  With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 2002 2003  calendar year and each year thereafter, the household income figures that apply to assistance provided by the Franchise Tax Board during that period shall be the household income figures that applied to assistance provided by the Franchise Tax Board in the same period in the immediately preceding year, multiplied by an inflation factor calculated as follows:
(1) On or before February 1 of each year, the Department of Industrial Relations shall transmit to the Franchise Tax Board the percentage change in the California Consumer Price Index for all items from June of the second preceding calendar year to June of the immediately preceding calendar year.
(2) The Franchise Tax Board shall add 100 percent to the percentage change figure that is furnished pursuant to paragraph (1) and divide the result by 100.
(3) The Franchise Tax Board shall multiply the immediately preceding household income figure by the inflation adjustment factor determined in paragraph (2), and round off the resulting product to the nearest one dollar ($1).