- Stage
- Failed
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Nov 30, 2010
What it does
Existing law requires the Franchise Tax Board to prepare wage withholding tables to be used by employers for purposes of withholding taxes on wages paid. Existing law requires, for wages paid on or after November 1, 2009, the wage withholding tables to produce a sum that is equal to 10% more than the sum specified for purposes of the withholding tables. Existing law allows, in lieu of the withholding tables, withholding at a rate of 6.6% with respect to supplemental wages and at a rate of 10.23% with respect to stock options and bonus payments paid on or after November 1, 2009.
Where it stands
This bill failed and is no longer moving.
Failed
This bill failed and is no longer moving.
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.