California Revenue and Taxation Code

§ 18805

RTC § 18805 Effective Jan 1, 2021Div. 2 · Part 10.2 · Ch. 3 · Art. 9.5

Statute text

(a)A taxpayer may designate on the tax return that a contribution in excess of the tax liability, if any, be made to the California Peace Officer Memorial Foundation Voluntary Tax Contribution Fund, which is established by Section 18806. That designation is to be used as a voluntary checkoff on the tax return.

(b)The contributions shall be in full dollar amounts and may be made individually by each signatory on the joint return.

(c)A designation shall be made for any taxable year on the initial return for that taxable year, and once made shall be irrevocable. In the event that payments and credits reported on the return, together with any other credits associated with the taxpayer’s account, do not exceed the taxpayer’s liability, the return shall be treated as though no designation has been made. In the event that no designee is specified, the contribution shall be transferred to the General Fund, after reimbursement of the direct actual costs of the Franchise Tax Board for the collection and the administration of funds under this article.

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Legislative history

Amended by Stats. 2020, Ch. 173, Sec. 8. (AB 2068) Effective January 1, 2021. Repealed on January 1, 2028, pursuant to Section 18808.