State Board of Equalization: administration: interest.
Existing law requires the payment of interest on late payments, or late prepayments, of tax, fee, or surcharge payments at the modified adjusted rate per month under the provisions of the Sales and Use Tax Law, Motor Vehicle Fuel Tax Law, Use Fuel Tax Law, Cigarette and Tobacco Products Tax Law, Alcoholic Beverage Tax Law, Energy Resources Surcharge Law, Emergency Telephone Users Surcharge Act, Hazardous Substances Tax Law, Integrated Waste Management Fee Law, Oil Spill Response, Prevention, and Administration Fees Law, Underground Storage Tank Maintenance Fee Law, Fee Collection Procedures Law, Diesel Fuel Tax Law, and the law governing the taxation of insurance companies. Interest is charged on a per-month basis, with one month's interest charged for each month, or fraction of a month, that a payment or prepayment is unpaid. Existing law, until January 1, 2016, allowed the members of the State Board of Equalization, meeting as a public body, to find, under specified circumstances, that it is inequitable to compute interest on a monthly basis and to instead compute interest on a daily basis with respect to electronic payments or prepayments of taxes, fees, and surcharges.
us/states/ca
California Legislature
20152016
AB 2201
California AB 2201 (20152016)
bill
State Board of Equalization: administration: interest.
California AB 2201 (20152016) — State Board of Equalization: administration: interest.
Existing law requires the payment of interest on late payments, or late prepayments, of tax, fee, or surcharge payments at the modified adjusted rate per month under the provisions of the Sales and Use Tax Law, Motor Vehicle Fuel Tax Law, Use Fuel Tax Law, Cigarette and Tobacco Products Tax Law, Alcoholic Beverage Tax Law, Energy Resources Surcharge Law, Emergency Telephone Users Surcharge Act, Hazardous Substances Tax Law, Integrated Waste Management Fee Law, Oil Spill Response, Prevention, and Administration Fees Law, Underground Storage Tank Maintenance Fee Law, Fee Collection Procedures Law, Diesel Fuel Tax Law, and the law governing the taxation of insurance companies. Interest is charged on a per-month basis, with one month's interest charged for each month, or fraction of a month, that a payment or prepayment is unpaid. Existing law, until January 1, 2016, allowed the members of the State Board of Equalization, meeting as a public body, to find, under specified circumstances, that it is inequitable to compute interest on a monthly basis and to instead compute interest on a daily basis with respect to electronic payments or prepayments of taxes, fees, and surcharges.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
The legislative action history — every referral, reading, and vote.
2016-02-18 Read first time. To print. reading-1
2016-02-19 From printer. May be heard in committee March 20.
2016-03-03 Referred to Com. on REV. & TAX. referral-committee
2016-04-12 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 11). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
2016-04-20 From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (April 20). committee-passage-favorable, committee-passage
2016-04-21 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2016-04-28 Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 4595.) reading-3, passage, reading-1
2016-04-28 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2016-05-05 Referred to Com. on GOV. & F. referral-committee
2016-06-08 From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (June 8). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
2016-06-27 From committee: Be placed on second reading file pursuant to Senate Rule 28.8. committee-passage
2016-06-28 Read second time. Ordered to third reading. reading-2, reading-1
2016-08-16 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5008.). reading-3, passage, reading-1
2016-08-16 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
2016-08-22 Enrolled and presented to the Governor at 4 p.m.
2016-09-09 Approved by the Governor. executive-signature
2016-09-09 Chaptered by Secretary of State - Chapter 264, Statutes of 2016.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/8e734722-262f-4d73-909d-7ce26100d1d9. Confidence: reported (aggregated from official California legislature records).