2025-2026 Regular Session • California Legislature
SB816: Taxation: corporations: minimum franchise tax: limited liability companies: annual tax: microbusinesses.
Legislative Summary
An act to amend Sections 17935, 17941, 17948, and 23153 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
Demographic Impact
Overall analysis of equity impact
Neutral
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
2/21/2025
Introduced. To Com. on RLS. for assignment. To print.
Senate
2/24/2025
From printer. May be acted upon on or after March 24.
Senate
2/24/2025
Read first time.
Senate
3/12/2025
Referred to Com. on REV. & TAX.
Senate
3/18/2025
Set for hearing May 14.
Senate
4/8/2025
May 14 set for first hearing canceled at the request of author.
Senate
Status Information
Current Status
Introduced(2/21/2025)
Chamber
Senate
Committee
Revenue and Taxation(Senate)
Sponsors
Republican: 1
Primary Sponsor
Suzette Valladares
Republican