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Public Meeting Agenda

AGENDA

Franchise Tax Board Meeting*
Wednesday, February 4, 1998 - 2:00 p.m.
State Board of Equalization
450 N Street, Room 121**
Sacramento, California

Open Session

Item 1. Approval of Minutes

Approval of Minutes of January 12, 1998 Board meeting.

Item 2. Legislative Matters

  1. Proposed Legislation. Staff will discuss legislative proposals and
    update the Board on the following matters, including -
    1. Status of Water’s-Edge Legislation.
      Staff follow-up report regarding Water’s-Edge presentation at the January 12, 1998 Board meeting.
    2. LP 98-20 - Specify Ordering Rules & Exempt Interest & Dividend Treatment
      Staff follow-up report regarding ordering of deductions presentation at the January 12, 1998 Board meeting.
    3. LP 97-11A - Federal Action - Revenue Agent Reports (RAR) Clean up
      Staff follow-up report regarding final federal determinations presentation at the January 12, 1998 Board meeting.
    4. "Nanny Tax"
      Staff follow-up report regarding the household workers simplification proposal discussed at the January 12, 1998 Board meeting.
    5. P 98-25 - Taxpayer Tax Credit and Employer Deficiency Assessment for EWOT Withheld and Not Remitted. Staff presentation.
    6. Transfer of Funds for Postage Relating to Income Tax Refunds.
  2. Position on Bills. Staff will present various pending legislative bills for Board positions (see attachment to agenda).

Item 3. Authority of Board and Executive Officer

The Board will consider changes to the existing regulations pertaining to the Authority of the Executive Officer (Regulations 17000.10) and the Authority Reserved to the Board (Regulation 17000.11), and a related Board Resolution. The Board will also consider and may take action with respect to Board Resolution 95-4 relating to Approval of Litigation Settlements and Closing Agreements. The Board will also consider and may take action with respect to the following administrative matters.

  • CEA Appointments
  • Other Personnel Appointments
  • Legislative Proposals, Bill Positions and Recommendations to the Legislature
  • Proposed Regulations
  • FTB Performance Audit
  • Litigation Appeals
  • Public Relations
  • Budget Matters
  • Leases
  • Contracts

Item 4. Regulation Matters

  1. Staff presentation regarding Water’s-Edge drafting session.
  2. Board consideration of proposed Telecommunications regulation.

Item 5. Franchise Tax Board Response Time

Staff follow-up report regarding presentation made at the November 17, 1997 Board meeting.

Item 6. Adoption of Board Resolutions Regarding Tax Refund Postage and Franchise Tax Board Agenda Responsibilities

Item 7. Staff Presentation Regarding Multistate Tax Commission’s (MTCs) Dues and Voting Structure

Item 8. Executive Officer’s Time

Item 9. Board Members’ Time

  1. Kathleen Connell, Chair
  2. Dean Andal
  3. Robin J. Dezember

Closed Session

Item A. Closed session to consider recommendations regarding settlement of administrative tax disputes required to be in closed session by Section 19442 of the Revenue and Taxation Code.

Item B. Closed session to approve recommendations to appeal litigation matters (Jeffrey M. Kallis v. Franchise Tax Board; Madrid v. Franchise Tax Board; and, Appeal of In Re Al Lapin, Jr.). Closed session is authorized by Government Code Sections 11126(e)(1) and 11126.3(a).

Item C. Closed session regarding pending litigation. The Board needs to confer with legal counsel. Closed session is authorized by Government Code Section 11126(e)(1).

Item D. Closed session to discuss and act on Personnel Matters. Closed session is authorized by Government Code Section 11126(a)(1).

Item E. Closed session to consider real estate leases. Closed session is authorized by Government Code Section 11126(c)(7).

*The Board may take action with respect to ANY agenda item consistent with Government Code Section 11125(b) and 11125.3.

**This facility is architecturally accessible to persons with physical disabilities.