ALRIGHT COMMITTEE WILL BE IN
ORDER- GOOD MORNING AS WE
CONTINUE TO TAKE SOME
PRECAUTIONS TO MANAGE THE
ONGOING COVERT NINETEEN REST THE
SENATE CONTINUES TO WELCOME THE
PUBLIC AND HAS PROVIDED ACCESS
TO BOTH IN PERSON AND
TELECONFERENCE BUT DISSIPATION
FOR PUBLIC COMMENT. FOR
INDIVIDUALS WISHING TO PROVIDE
PUBLIC COMMENT VIA
TELECONFERENCE SERVICE
PARTICIPANT TOLL FREE NUMBER AND
ACCESS CODE IS POSTED ON OUR
COMMITTEE WEBSITE IT WILL BE
DISPLAYED ON THE SCREEN AND I
WILL ANNOUNCE IT AGAIN NOW
TODAY'S PARTICIPANT NUMBER IS
EIGHT SEVEN SEVEN. TWO TWO SIX
EIGHT ONE SIX THREE AND THE
ACCESS CODE IS SEVEN ONE EIGHT
SEVEN SEVEN EIGHT. AS WOULD BE
EXPECTED I'LL MAINTAIN DECORUM
DURING THE HEARING AS IS
CUSTOMARY IN AN INDIVIDUAL WHO'S
DISRUPTED A DISRUPTIVE EXCUSE ME
MAY BE REMOVED FROM THE REMOTE
MEETING SERVICE OR HAVE THEIR
CONNECTIONS MUTED. WE'RE HOLDING
OUR COMMITTEE HEARING IN THE
STATE CAPITOL ROOM ONE ONE THREE
AND ASK ALL MEMBERS OF THE
COMMITTEE TO BE PRESENT SO THAT
WE CAN ESTABLISH A QUORUM. THOSE
PROVIDING TESTIMONY BEFORE THE
COMMITTEE TODAY ARE ALSO
PARTICIPATING REMOTELY FOR OUR
REMOTE PARTICIPANTS PLEASE MEET
YOUR PHONES OR COMPUTERS THIS
WILL GREATLY AID ELIMINATING ANY
ACOUSTIC FEEDBACK I ASK THAT
EVERY TIME YOU WISH TO BE
RECOGNIZED THAT YOU USED THE
RAISE YOUR HAND FEATURE. IN THE
PROGRAM PLATFORM. AND EACH TIME
YOU ARE RECOGNIZED- TO SPEAK A
POP UP WINDOW WILL APPEAR.
ASKING YOU IF YOU'D LIKE TO
UNMUTE PLEASE SELECT THE ON MUTE
BEFORE YOU BEGIN SPEAKING. R. I.
T. PERSONNEL PUT YOU BACK ON YOU
WHEN YOU ARE. COMPLETED YOUR
TESTIMONY ONE SURE RECOGNIZED TO
SPEAK PLEASE MAKE SURE YOU CAN
BE SEEN ON THE SCREEN. STATE
YOUR NAME FOR THE RECORD AND
THEN YOU ARE READY TO ADDRESS
THE COMMITTEE. TO ALLOW PUBLIC
ACCESS. WE HAVE ADMITTED MEMBERS
OF THE PUBLIC INTO THE HEARING
ROOM IN PERSON AND WILL BE USING
TELECONFERENCE SERVICE FOR
THOSE. OTHER INDIVIDUALS WHO
WISH TESTIFIED AGAIN TODAY. A
PUBLIC COMMENT WILL BE HEARD
AFTER ALL DISCUSSION ITEMS HAVE
BEEN TAKEN UP AND PRESENTED. SO
AT THIS POINT. THE COMMITTEE
WILL TAKE UP OF THE ITEMS FOR
DISCUSSION WHICH- IS COMPOSED OF
ISSUES FOR THREE SEVENTEEN. AND
FIRST WILL GO TO THE DEPARTMENT
OF TAX AND FEE ADMINISTRATION IF
YOU'RE READY TO PRESENT THAT
BEFORE WE DO THAT. WELCOME LET'S
ESTABLISH A QUORUM. SENATORS
PADILLA. A PRESENT AMERO. NILA
HERE. WE HAVE A QUORUM THANK
YOU. ALL RIGHT TAX INFERIOR TO
PRESENT. YES WE ARE. ALL RIGHT.
WE WILL TAKE UP A- IF A FORCE.
OF I. SYSTEM MAINTENANCE AND OP.
PLEASE PROCEED. OKAY- HI AND
GOOD MORNING I'M NICK MAJERUS
I'M DIRECTOR OF THE CALIFORNIA
PROPERTY TAX AND FEE
ADMINISTRATION- I. WAS PREPARED
TO SAY JUST A FEW OVER- WORDS OF
OVER YOU BUT LET ME TURN IT OVER
TO OUR CFO WE CAN GET STRAIGHT
STRAIGHT TO THE- BCPS IF YOU'D
LIKE. J. SON THAT'S AND I
APOLOGIZE I DO UNDERSTAND YOU
ARE PREPARED TO GIVE A BRIEF
OVERVIEW AND FEEL FREE. A PLEASE
FEEL FREE IF YOU'RE INCLINED TO
DO SO BEFORE WE TAKE THE ON
WELL. I'LL JUST TAKE ONE BRIEF
MINUTE- MISTER CHAIRMAN. JUST IT
INTRODUCED AN APARTMENT WE
ADMINISTER THIRTY NINE DIFFERENT
TAX AND SHE PROGRAMS FOR THE
STATE OF CALIFORNIA AND FOR ITS
CITIES AND COUNTIES. INCLUDING
TWO NEW PROGRAMS THIS YEAR ONE
OF WHICH I KNOW IS TO CLINCH IS
TO USE THE LITHIUM EXTRACTION S.
EXCISE TAX- AND THEN AS- NEW
SURE IS THE NINE EIGHT EIGHT
SURCHARGE. TO SUPPORT MENTAL
HEALTH SERVICES IN THE STATE OF
CALIFORNIA. LAST YEAR LAST YEAR
SCHOOL YEAR WE BROUGHT IN
ADMINISTERED- SITE MORE THAN
NINETY BILLION DOLLARS IN TAX
REVENUE. OUR LARGEST PROGRAM IS
THE TAXI- THOSE SALES AND USE
TAX FOR THE STATE WHICH IS
ACTUALLY THREE DIFFERENT TAXES
ONE IS THE STATE PROGRAM. TO
SUPPORT US CITIES AND COUNTIES
THROUGHOUT. THE STATE- STILL AND
USE TAX REVENUE THIS FISCAL IS
ACTUALLY UP- FOR FOURTH QUARTER
OF. THE CALENDAR YEAR- TWENTY
TWENTY TWO. AVENUES SO FAR UP A
BIT OVER 5% OVER THE SAME
PERIOD- FOR LAST YEAR SO THAT IS
GOOD NEWS- WE'VE HAD A STRONG
FOCUS ON EFFICIENCY AT CD TFA
OVER THE PAST. A NUMBER OF
YEARS. WE'VE STE STE SLASH
PROCESSING TIMES BY UP 290%
ELIMINATED BACKLOG SOME OF
WHICH- DATED BACK DECADES. GROUP
YOUR OF YOUR COLLECTIONS LAST
YEAR BY 25% WHICH IS A FANTASTIC
EFFORT BY OUR TEAM OF ONE OF. TO
GIVE A SHOUT OUT TO THEM AND
WE'VE CUT THE COST OF OPERATIONS
PER DOLLAR OF REVENUE WHICH IS
HOW WE TRY TO TRACK OUR
EFFECTIVENESS. BY ALMOST A
QUARTER OVER THREE YEARS- ANYWAY
THAT'S A BIT OF WHAT WE'RE DOING
WE'RE HAPPY TO ANSWER ANY
QUESTIONS. WE KNOW TAXES CAN BE
COMPLICATED SO ON WE ARE HERE TO
SERVE. AND WITH THAT- I WILL
TURN IT OVER TO OUR CHIEF
FINANCIAL OFFICER JASON MALLET.
GREAT THANK YOU VERY MUCH NEXT
I'M IN THANK YOU CHAIR DHEA AND
JUSTIN COMMITTEE MEMBERS. I'M SO
THE FIRST REQUEST WE HAVE ON IS
ON CROSS- SO LITTLE BIT OF
BACKGROUND. ON THE CENTRALIZE
REVENUE OPPORTUNITY SYSTEM OR
CROSS ON IS OUR DEPARTMENTS TAX
COLLECTIONS AND DISTRIBUTIONS IT
SYSTEM. ON IT ENCOMPASSES ALL
THIRTY NINE TAX PROGRAMS THAT
NICK MENTIONED THAT GENERATE
OVER NINETY ONE BILLION DOLLARS.
A YEAR. I'M I REQUEST IS FOR
EIGHT POINT NINE MILLION DOLLARS
FOR FISCAL YEAR TWENTY THREE
TWENTY FOUR AND TWENTY FOUR
TWENTY FIVE. POINT NINE MILLION
ON IS COMPOSED OF THREE BUCKETS
ON THE FIRST IS FIVE POINT THREE
FOR MAINTENANCE AND OPERATIONS.
AT TWO POINT SEVEN FIVE MILLION
FOR THE SOFTWARE LICENSE AND
EIGHT HUNDRED AND FIFTY
THOUSAND- FOR OPERATING
EXPENDITURES PRIMARILY THE CLOUD
AND RENT FOR THE FAST
ENTERPRISES DEVELOPERS. UNDER
RATIONALE FOR. REQUEST IS THAT
CROSSES A PROPRIETARY SOFTWARE
THAT REQUIRES ONGOING OPERATIONS
AND MAINTENANCE. TO ONBOARD NEW
LEGISLATION AND ALSO MAINTAIN
AND CUSTOMIZE REPORTING FOR
EXISTING LEGISLATION AND WITH.
THAT I'D LIKE TO OPEN IT UP FOR
QUESTIONS. AND ANY COMMENTS FROM
THE- OF. EXCEPT FOR THE FINANCE
WE HAVE NO ADDITIONAL COMMENTS
AT THIS TIME THANK YOU HOW
ABOUT- YOU. SAYS KIRSTEN
LEGISLATIVE ANALYST'S OFFICE WE
HAVE NO CONCERNS WITH THE
PROPOSAL THANK YOU WILL BRING IT
BACK TO THE COMMITTEE HAD NO
QUESTIONS THE MEMBERS HAVE
QUESTIONS. ONE QUESTION I'VE
PROBABLY. TIME I ASK THIS WHAT
HAPPENS WHEN HE'S NOT. ALLOCATED
IN THE BUDGET. WHAT'S THE
CONSEQUENCE. WELL THAT WOULD
THAT WOULD ADDITIONAL PRESSURE
ON STATE STAFF I MEAN- CHEN TAX
WHICH IS- WHICH IS ACROSS PART
OF THE GENPACT'S SOFTWARE IT'S
SONG IT IS IT IS ARTIFACT
ATTACKS OPERATING SYSTEM THAT'S
USED BY THIRTY FIVE STATES IN
THE COUNTRY AS WELL AS A BUNCH
OF OTHER COUNTRIES. AND SO WE
REALLY DO RELY ON THAT IF THE
PROPOSAL WORKS TO BE APPROVED-
THAT WOULD- YOU KNOW THE RANGE
OF OUTCOMES IN TERMS OF.
MANAGING YOU LEGISLATION AND
REFINING I'M A RECORDING- WOULD-
IT WOULD IT WOULD PUT SOME OF
THAT RISK SO HAVING UP BRIGHTREE
SOFTWARE HAS YOU KNOW PROS AND
CONS ON THE PLUS SIDE IT'S
WORKING WELL FOR US AND WE FEEL
LIKE WE'RE GETTING GREAT. VALUE
ON THE OPPOSITE SIDE- YOU KNOW
AS WITH ANY MAJOR. SOFTWARE I
ENTERPRISE RESOURCE PROGRAM
THINGS OF THAT NATURE- WE DO
RELY ON THIS ON TO COLLECT THE
NINETY ONE BILLION DOLLARS PER
YEAR. RIGHT THANK YOU MISTER
WANT ARE COMMON GENERAL COMMENT
THAT I'D HAVE NOT WITH REGARD TO
THIS PARTICULAR ITEM- BUT
PROBABLY FOR EVERY PRESENTATION
WE HAVE. IT WOULD WORK SO MUCH
BETTER IF WE HAD TESTIMONY
PRESENT. HERE YEAH I THINK THAT-
WE'VE BECOME TOO USED TO HAVING
REMOTE TESTIMONY ALL OF THESE
FOLKS ARE SHORT WALKING DISTANCE
TO HERE AND IT'S REALLY KIND OF
DIFFICULT TO UNDERSTAND THEM.
THEIR LIPS DON'T COINCIDE WITH
THE WORDS THAT ARE COMING OUT OF
THEM- AND- I REALLY HOPE THAT-
OUR FUTURE MEETINGS IN ALL
COMMITTEES WILL BE IN PERSON
TESTIMONY THANK YOU CENTER AND
JUST- THANK YOU FOR TRIGGERING
THAT- INFORMATION FOR THE
MEMBERS AND THE PARTICIPANTS
FROM THE AGENCIES AND- MEMBERS
OF THE PUBLIC. THE CONSENSUS OF
THE SUBCOMMITTEE CHAIRS- IS JUST
THAT AND MY UNDERSTANDING IS-
BECAUSE OF THE SHORTNESS OF TIME
WE PROCEEDED AS HAVE WE HAVE
BEEN FOR THIS. WEEK SUBCOMMITTEE
HEARING BUT IN THE FUTURE WE
WILL BE HAVING PRESENTERS IN
PERSON. THANK YOU CENTER CENTER
COPY OF. THANK YOU FOR THAT AND
I DO APPRECIATE THE COMMENT AND
I AND I SECOND OR THIRD IT
SOUNDED LIKE EVERYONE WAS IN
AGREEMENT- I'D I DON'T HAVE A
QUESTION ON THIS PARTICULAR ITEM
I JUST WANTED TO MAKE SURE THAT
I DIDN'T LOSE THE THOUGHT THAT I
HAD WHEN I HEARD THE OVERVIEW.
WHICH IS THAT- I AM I WAS
REALLY- VERY HAPPY TO HEAR ABOUT
THE EFFICIENCY MEASURES THAT
THAT HAVE BEEN UNDERTAKEN OVER
THE PAST YEAR. AND IN
PARTICULAR- ELIMINATING THE
BACKLOG AND INCREASING REVENUE
BY 2025% THAT. THAT TO ME SAYS
IT THAT YOU'RE DOING YOU'RE
GOING IN THE RIGHT DIRECTION.
BACKLOGS ARE A PERENNIAL PROBLEM
IN MOST OF OUR DEPARTMENTS AND
THE ABILITY TO GET CAUGHT UP IS
GREAT BECAUSE THEN WE WON'T
HEALTHCARE COMPLAINTS FROM
PEOPLE THAT HAVE PENDING. ISSUES
THAT HAVEN'T BEEN RESOLVED SITE
I WANT TO MAKE SURE THAT. THAT
I'M RECOGNIZING THE GOOD WORK
WHEN I WHEN I SEE IT AND I
APPRECIATE THE- THE UPDATE
YOU'RE GOING TO SKIP OVER IT BUT
I THINK IT'S REALLY IMPORTANT
THAT YOU YOU LET US KNOW SO I
APPRECIATE THAT. THANK YOU SIR
APPRECIATE THAT THAT ITEM WILL
BE HELD OPEN TAKE I THE ISSUE
ITEM NUMBER FIVE CALIFORNIA
HEALTHCARE RESEARCH AND
PREVENTION TOBACCO TAX ACT
TWENTY SIXTEEN PROP FIFTY SIX.
GREAT THANK YOU- SO JUST AS
BACKGROUND I'M PROP FIFTY SIX I
RAISE THE CIGARETTE TOBACCO TAX.
FROM EIGHTY SEVEN CENTS. TO TWO
DOLLARS AND EIGHTY SEVEN CENTS
PER PACK- WHICH GENERATED ABOUT
ONE BILLION DOLLARS OF
INCREMENTAL REVENUES FOR THE
STATE I'M LAST YEAR. AFTER
PROGRAMS TOGETHER. UNFUNDED UP
JUST UNDER TWO BILLION DOLLARS-
THERE ARE REQUEST IS FOR TWO AND
A HALF MILLION I'M JUST CLEAR
TWENTY THREE TWENTY FOUR AN
ONGOING. TO CONTINUE SIXTEEN
ENFORCEMENT POSITIONS. ON THE
RATIONALE IS ON THAT ORIGINALLY
WE HAD REQUESTED LIMITED TERM I
FUNDING FOR THE POSITIONS. I
BECAUSE AT THE TIME THE WORK
LOAD WASN'T- WASN'T KNOWN NOW
THAT WE KNOW THE WORK LOAD I'M-
AYE WE'RE REQUESTING PERMANENT
FUNDING. FOR THE SIXTEEN
ENFORCEMENT POSITIONS. I WITH
THAT. I WOULD LIKE TO ANSWER ANY
QUESTIONS. THANK YOU SIR ANY
COMMENT FROM DEAL UP. SMART AS
WE ALSO HAVE NO ADDITIONAL
COMMENTS ON THE SIDE THANK YOU.
THANK YOU L. L. SAYS KIRSTEN
LEGISLATIVE ANALYST'S OFFICE WE
DON'T HAVE ANY CONCERNS WITH THE
PROPOSAL. THANK YOU BRING IT
BACK TO THE COMMITTEE THERE NO
QUESTIONS FROM THE SHARE THE
QUESTIONS FROM MEMBERS. CENTER
NEIL. SO IF I UNDERSTAND THIS
CORRECTLY THERE'S NINETEEN
POSITIONS BEING REQUESTED-
SIXTEEN OR NEEDED. BUT THE OTHER
THREE WILL BE ABSORBED BY THE
DEPARTMENT I GUESS WITHOUT ANY
BUDGET INCREASE DO I UNDERSTAND
THAT CORRECTLY. I YES SIR THAT
THAT IS CORRECT INITIALLY WE HAD
REQUESTED NINETEEN POSITIONS FOR
LIMITED TERM AND NOW THAT THE
WORK WHAT IS KNOWN- WE CAN
ABSORB THE THREE AUDIT POSITIONS
WITHIN OUR WITHIN OUR OTHER.
TOBACCO TAX I PROGRAMS- SO YES
WE DID WAS ALL I JUST WOULD LIKE
TO ALSO MENTION AND- I'M JOINED
BY WHICH ARE ACTING DIRECTOR OF
FIELD OPERATIONS. I'M PART OF
THE REASON WHY WE'RE ABLE TO
ABSORB THESE ADDITIONAL THREE
POSITIONS IS THAT THERE WAS A
THERE WAS A REORGANIZATION WHERE
SOME OF OUR- SOME OF OUR AUDITOR
TEAMS MOVED ON FROM THE
INVESTIGATIONS BUREAU TO ON.
FIELD OPERATIONS BY
CONSOLIDATING THAT RATE LOOK
WITH THOSE RESOURCES. SO WOULD
IT BE POSSIBLE THEN TO REQUEST
CERTEON. ABSORB THREE OF THIS OF
THE SIXTEEN. INSTEAD NO SIR THE
THREE. DASCHLE POSITIONS ON IS
BRIDGE BY OUR REGION REQUEST A
COUPLE YEARS AGO FOR NINETEEN
JOB NINETEEN POSITIONS IN OUR
CURRENT REQUEST FOR SIXTEEN SO-
THE THREE POSITIONS THAT ARE
BEING ABSORBED IS ALREADY
REFLECTED IN THIS REQUEST. OKAY
AND IT IS THE FUNDING OF THIS
PROGRAM- WE CAN IS IT FUNGIBLE-
CAN IT BE UTILIZED BY THE
GENERAL FUND OR IS IT RESTRICTED
. AND THIS IS THIS IS SPECIAL
TAX FUNDING. I UNDERSTAND THAT
BUT CANNOT BE UTILIZED BY THE
GENERAL FUND. CENTER NEIL- AT
THIS ASSET CHRISTINE WITH THE L.
A. L. PROPOSITION FIFTY SIX.
PRESCRIBES PRETTY- SPECIFICALLY
HAVE THE REVENUE WOULD BE
ALLOCATED SO IT'S- THERE AREN'T
A WHOLE LOT OF AVENUES TO-
PROVIDE GENERAL FUND RELIEF-
THREE AT USING THIS FUN. THANK
YOU. YEAH I BELIEVE. PERHAPS TEN
CENTS PER PACK IS GENERAL FUND.
I THINK HE'S READY FOR THE
QUESTIONS FROM THE MEMBERS THANK
YOU MOVE ON TO ISHANT ISSUE SIX
LITHIUM EXTRACTION AND
GEOTHERMAL DEVELOPMENT EXCISE
TAX. I THANK YOU IM SERVICE
BACKGROUNDS- A LARGE DEPOSIT OF
LITHIUM- WHICH IS A CRITICAL
COMPONENT I'M IN WITH THE AND
LITHIUM ION BATTERIES WAS
DISCOVERED- IN THE SALTON SEA
AREA- SB ONE TWENTY FIVE I
SUPPORTS LITHIUM IN GEOTHERMAL
ON EXTRACTION FACILITIES. I'M IT
ALSO IMPOSES- A VOLUME BASED
EXCISE TAX WHICH THE CD TFA IS
RESPONSIBLE FOR COLLECTING AND
ADMINISTERING. I'M SO OUR
REQUEST IS- I HAD TO IMPLEMENT
THE NEW WITH EXCISE TAX- WE
WOULD WE'RE REQUESTING TWO
HUNDRED AND FORTY NINE THOUSAND
DOLLARS IN FISCAL YEAR TWENTY
THREE TWENTY FOUR. RATCHETING
DOWN TWO HUNDRED AND. FORTY FIVE
THOUSAND AND TWENTY FOUR TWENTY
FIVE AND I'M GOING- THE FUNDING
WILL FROM THE NEW LEFT YET X.
EXTRACTION EXCISE TAX FUND AND
WILL ENABLE THE DEPARTMENT TO
CONDUCT OUTREACH AND EDUCATION
TO THE PUBLIC AND TAXPAYERS.
IDEA COLLECTION IN ACCOUNTING
AND A WEBSITE AND SYSTEM DESIGN
I AM WITH THAT WOULD LOVE TO YOU
ANY QUESTIONS. ALL RIGHT ARE THE
COMMENTS FROM THE DEPARTMENT OF
FINANCE. WE HAVE NO ADDITIONAL
COMMENTS THANK YOU. ALL RIGHT
HOW ABOUT ELIO. SETH CURRY STAND
WITH THE L. A. WE DO NOT HAVE
CONCERNS WITH THIS PROPOSAL. ALL
RIGHT WE'LL BRING IT BACK TO THE
COMMITTEE. YEAH CENTER CAREER.
THANK YOU VERY MUCH- YOU KNOW I
JUST WANNA MAKE SURE THAT- THAT
THE- EXPENDITURE IS CONSISTENT
WITH WHAT WAS PROPOSED WHEN HIS
BILL CAME UP SO THAT WE HAVE AN
UNDERSTANDING OF EXACTLY. WHAT
THE COST IS GOING TO BE AND WHAT
IS WHAT THE REVENUE IS GOING TO
BE USED FOR- I THINK A LOT OF
TIMES THEY TAKE THE COST AND IT.
ENDS UP EXCEEDING WHAT IS
PROJECTED EITHER BY THE REVENUE
OR BY- DEPARTMENT A FINANCER LA-
SO IF IN FACT IT'S- IT WAS PART
OF WHAT EVERYBODY ASSUMED WOULD
BE AN EXPENDITURE WOULD BE
HELPFUL TO KNOW THAT. IN THE
FUTURE. THANK YOU SIR SURE WILL.
I HAVE A COMMENT AS WELL AND I
CANCELED THAT CONCERN AS WELL AS
- THE TIMELINESS AND THE
EVOLUTION OF THE DEMAND SIDE OF
THIS INDUSTRY IN THE TYPES OF
INVESTMENTS THAT ARE BEING MADE
IN THE WILLINGNESS OF THE STATE
TO BE A GOOD. STRUCTURAL PARTNER
AND PROVIDE INCENTIVES- MISS
CHANGING RAPIDLY AND CHANGING
EVERY DAY. AND I AM I WOULD
REALLY URGE AND THE- THE SORT OF
REVIEW ON THE STE THE REVIEW
THIS GONNA TAKE PLACE THAT WE
ACCELERATE THAT. SOONER RATHER
THAN LATER BECAUSE I AM NOT
ENTIRELY CONVINCED THAT- THE
PARTICULAR STRUCTURE HERE PER
METRIC TON GIVEN A LOT OF THE
FACTORS THAT RAPIDLY CHANGE IN
THIS IN THIS INDUSTRY AND THE
NATURE OF THE LEVEL OF CERTAINTY
OR NOT FOR FOLKS WHO ARE
INVESTING ON THE GROUND THERE.
IS CHANGING RAPIDLY THAT IN FACT
IT ACTUALLY PRODUCES A MATERIAL
BENEFIT. AND I'M CONCERNED THAT
THERE ARE IN FACT FOLKS WHO ARE
WILLING TO MAKE BIG INVESTMENTS
IN CALIFORNIA TO BRING. A
INVESTMENT INFRASTRUCTURE
PRODUCTION- HERE IN THE STATE-
ARE LOOKING CLOSELY AT THIS AND-
I THINK THAT. MAKES THE
TIMELINESS OF ANY EVALUATION
THAT WE MAKE AS A STATE ALL THE
MORE ACUTE AND HIM AND
IMPORTANT. AND I WOULD LIKE TO
SEE THAT PROCESS XCELERATED
BECAUSE WE MAY IN FACT- NEED TO
BE NIMBLE WE NEED WE MAY NEED TO
BE CHANGING- THE STRUCTURE THAT
WE DECIDE UPON FOR THIS. SO THAT
WE CAN PROVIDE- AN ACTUAL
BENEFIT. IN A WAY THAT IS
CONSISTENT WITH WHAT'S INTENDED
HERE SO. ON THE TIMELINE- OF
THAT REVIEW. OR OTHER POTENTIAL
POSSIBILITIES BUT I WANTED TO
PUT THAT ON THE RECORD. DURING A
COMMENT OR RESPONSE I'M- HI I
JUST WANTED TO SHARE WITH YOU
THAT- BUT- YES THIS IS
DEFINITELY THE TAX STRUCTURE
HERE IS SOMETHING THAT WE'RE
INVESTIGATING ALONG WITH A
COUPLE OF THE DEPARTMENTS I'M
AND AS YOU SAID THIS IS VERY
MUCH A BLUE SKY PROGRAM WITH.
I'M HIGHLY UNCERTAIN I DEMAND
AND SUPPLY CHARACTERISTICS ARE
RESEARCH INSTITUTE AND
STATISTICS TEAM HAS CONNECTED
WITH- THE CONSERVATION
DEPARTMENTS ON SCIENTISTS AND
GEOLOGISTS- I THINK THE RECORD
REPORT IS DUE AT THE END OF.
THIS CALENDAR YEAR IF I'M NOT
MISTAKEN AND I KNOW WE STARTED
TO WORK ON THAT AND I THINK- YOU
KNOW IF WE GET THE RIGHT PEOPLE
IN THE ROOM WE SHOULD BE ABLE TO
MOVE THIS ALONG MORE QUICKLY
BECAUSE THERE ARE NUMBER OF
CONSIDERATIONS WITH VOLUME
VERSUS PRICE BASED TAX. AND I
REALIZE THAT YOU DON'T HAVE ALL
OF THE INFORMATION IN FRONT OF
YOU TODAY'S HEARING BUT IT WOULD
BE IMPORTANT TO GET BACK TO THE
COMMITTEE- WITH RESPECT TO
SPECIFICS AROUND WHAT AN
ACCELERATED TIMELINE COULD LOOK
LIKE- BECAUSE I THINK THAT WOULD
BE MOST HELPFUL. ABSOLUTELY
JEOPARDY WE WILL- WE WILL. TALK
INTERNALLY AND- WITH OUR SISTER
DEPARTMENTS AND COME BACK TO YOU
WITH- WITH- WITH THAT TIMELINE.
ON HOW FAST CAN YOU MOVE
FORWARD. I THANK YOU ANYTHING
ELSE FROM COMMITTEE. THANK YOU
THIS ITEM WILL BE HELD OPEN-
THAT WILL BRING US TO OF THE
FRANCHISE TAX BOARD- AND ISSUE
ITEM NUMBER SEVEN ENTERPRISE
DATA AND REVENUE PROJECT. THANK
YOU AND GOOD MORNING JEOPARDY
ENNISTYMON BARS MY NAME IS JIMMY
HERMAN BUT THE OF FRANCHISE
TRANSPORT AND I'M HERE TODAY
WITH TAY THE LONG 2% FTP IS
BCPS. SO ISSUE NUMBER SEVEN AS
FTP IS B. C. P. SUPPORTING THE
ENTERPRISE DATA TO REVENUE FOR
THINGS TO PROJECT. THE START OF
FISCAL YEAR TWENTY THREE TWENTY
FOUR WE'LL SEE THAT HAVE TO BE
ENTERING INTO THE THIRD YEAR OF
THE PROJECT. THIS YEAR'S
PROPOSAL REQUEST AN AUGMENTATION
OF A HUNDRED AND THIRTY FIVE
MILLION. I'M INCLUDES FUNDING
FOR FORTY ONE PERMANENT
POSITIONS. THIRTY ONE LIMITED
TERM POSITION. THE REQUEST ALSO
INCLUDES A HUNDRED AND SIXTEEN
POINT FIVE MILLION. FOR PAYMENT
TO THE SOLUTION PARTNERS FOR
THEIR WORK. ON THE PROJECT
CONTINUES WE WILL CONTINUE TO
BUILD ON THE FOUNDATIONS OF THE
ET ARE PROJECT ONE FOR PHASE ONE
PROJECT FOR CENTRALIZING
TECHNOLOGY SOLUTIONS SUPPORTING
KEY BUSINESS FUNCTIONS. AB ARE
TO BUILD ON THIS PLATFORM BY
EXPANDING ENTERPRISE CASE
MANAGEMENT AND MODELING SERVICES
FOR AUDIT. FILING FOR SPENT AN
ACCOUNTS RECEIVABLE FUNCTIONS
THAT WE DO AS WELL AS EXPANDING
THE EVER IMPORTANT CUSTOMER
SERVICE TOOLS INCLUDING THE
TRUCK CARE FOLDER. EXTERNALLY
KNOWN AS MY. FTP OVERALL THE
PRICE IS WELL THANK. BETWEEN
SHOULD BE ARE STILL PARTNERS
FROM STRONG. WHERE CAN. AND
WORKING TOGETHER AND IS ISSUES
PRESENT WHERE THANKFUL FOR THE
TEAM WORKS TO RESOLVE THESE
ISSUES. AS A RESULT TO DATE THE
PROJECT HAS WITHIN SCOPE BUDGET
AND SCHEDULE. BUT THE THIRD YEAR
THE B. C. P. REQUEST PROJECT
WORK RESOURCES TO SUPPORT THE
PROJECT WHERE SHE CAN SOCIALIST
RENNINGER MODELING. WEBSITE
ENHANCEMENTS FOCUSED ON SELF
SERVICE TOOLS ENHANCE DATA
CAPTURE TRAINING DATA CONVERSION
AND MANAGEMENT AS WELL AS
OVERSIGHT IN FUNCTIONS SUCH AS
THE IV NBA INDEPENDENT
VERIFICATION AND VALIDATION
QUALITY ASSURANCE AND THE
INDEPENDENT SECURITY ASSESSMENT
NECESSARY FOR PROJECT. FOLLOWING
THE STATE WAY PROCESS
ESTABLISHED TO SUPPORT FUNDING
FOR LARGER PROJECTS AN ANNUAL B.
C. P. IS REQUIRED FOR NEW COSTS
RELATED TO THE CURRENT YEAR.
MUCH LIKE YOU DO SEE DISPLAYED
IN ARE CURRENTLY C. P. HOWEVER
FTP IS USING A JUST IN TIME
APPROACH TO REQUESTING RESOURCES
AND ACROSS THE YEARS. YOU CAN
SEE THAT WE ARE ASKING FOR LIKE
RESOURCES ACROSS THE YEARS EVEN
THOUGH THE B. C. P. ON LAND
CRITICS OF THE CURRENT YEAR
RESOURCES. FOR FULL TRANSPARENCY
OF TO BE HAS NOTED THESE ONGOING
LIMITED TERM OR ONE TIME COSTS
WITHIN THE BODY OF THE B. C. P.
NARRATIVE. AS WELL AS A NOTATION
ON THE WORK OF MAJOR DOCUMENT
INCLUDED WITH THE P. C. P. ONE
FINAL NOTE FOR TRANSPARENT IS TO
RECOGNIZE TO PROVISIONAL
LANGUAGES IN OUR BUDGET THAT
SUPPORT THE EASIER TO PROJECT.
AFTER THESE PROVISIONAL LANGUAGE
ALLOWS FOR THE CARRYOVER OF ANY
APPROPRIATION ASSOCIATED WITH
COMPENSATION. THAT REMAINS ON
USED IN ANY FISCAL YEAR AND WILL
ALLOW FOR THAT TO BE CARRIED
OVER TO THE NEXT FISCAL YEAR.
ADDITIONAL LANGUAGE ALSO
SUPPORTS THE FUNDING I'M YEARS
OF A CONTINGENCY FUND SUPPORTING
. TO PROJECT THAT ALLOWS FOR A
SET LEVEL OF FUNDING NEVER TO
EXCEED 5% OF THE CONTRACT AMOUNT
TO COVER COSTS ASSOCIATED WITH
UNPLANNED EVENTS AND- WORK
EFFORT. BUT WHICH ARE CRITICAL
TO THE SUCCESSFUL IMPLEMENTATION
OF THE EIGHTY ARCHIE PROJECT.
THANK YOU FOR YOUR TIME IN
SUPPORT TODAY I'M HAPPY TO
ANSWER ANY QUESTIONS YOU MAY
HAVE. THANK YOU VERY MUCH ANY
COMMENTS FROM THE DEPARTMENT OF
FINANCE. THANKS DIXON'S
DEPARTMENT FINANCE WE HAVE NO
ADDITIONAL COMMENTS ON THE SIDE
THANK YOU THANK YOU FROM THE L.
L. I CAN MORNING GRANULAR FROM
THE L. A- WE DON'T HAVE ANY
ISSUES TO RAISE ON THIS ITEM.
THANK YOU BRING IT BACK TO THE
COMMITTEE THE CHAIR HAS NO
COMMENTS OF THE REMEMBER
QUESTIONS OR COMMENTS CENTER
NEIL. HI I JUST WANNA CLARIFY
THIS PHASE ONE AND PHASE TWO IS
COMPLETED AND THIS IS FUNDING TO
COMPLETE PHASE THREE OR IS THIS
STILL ON PHASE TWO. IT QUESTION
THANK YOU FOR THAT SO PHASE ONE
OF THE PROJECT AND THIS IS A
THIRTY YEAR EFFORT AND WEARING
CHAINS CHAIN RIGHT NOW AND HOW
MANY YEAR EFFORT FACED YOU. HOW
MANY ARE AFFECTED THIRTY YEAR
EFFORT FROM PHASE ONE TWO AND
THREE AND WE'RE IN YEAR THREE OF
THE PHASE TWO EFFORT. TO PHASE
ONE WENT FROM TWO THOUSAND
ELEVEN TO TWO THOUSAND SIXTEEN.
AND THEN WE IMMEDIATELY BEGAN
PLANNING FOR THIS CURRENT PHASE
AND AS NOTED THIS IS FOR YEAR
THREE OF HIS TWO YEAR PHASE
THREE IS STILL SEVERAL YEARS
OUT. OKAY SO I'LL ASK A SIMILAR
QUESTION THAT I DID- EARLIER-
WHAT IF THIS- FUNDING REQUEST.
IS NOT INCLUDED IN THE BUDGET.
SALE AM STILL. THAT I WOULD SAY
CHALLENGES WILL PRESENT. RIGHTLY
UNDER ON UNDER CONTRACT
OBLIGATION TO DO THIS WITH THE
VENDOR- AND THE BIGGEST PORTION
OF THE REQUESTED IS PENDING
BEFORE YOU IS COMPENSATION FOR
THAT BENDER. SO CERTAINLY BUT
AGAINST AND LEGAL ISSUES WOULD
LIKELY ARISE IF IT WAS NOT
INCORPORATED INTO OF CHEESE
BUDGET. SO THAT MANAGES LIKE
THE- ANY SIDE OF THE EQUATION
THE RESOURCES THAT ARE REQUESTED
AGAIN. WE'RE WE'RE USUALLY
TRYING TO BE VERY JUDICIOUS
ABOUT THE RESOURCES AND ONLY
ASKED FOR OTHER ONES THAT THESE
RESOURCES REQUESTED ARE REALLY
WHAT WE NEED. TO MAKE SURE THAT
WE MADE AND MATCH OUR COMMITMENT
TO GET THIS WORK DONE SO THE
VENDOR CAN GET THEIR WORK DONE
SHOW. THEIR PRESENTS NOT
JEOPARDY AS WELL THAT AFTER TO
BE WON'T BE ABLE I'LL JUST SAY
KEEP UP WITH THE VENDOR WITHOUT
THESE ADDITIONAL RESOURCES
BECAUSE THERE'S A LOT OF NEW
WORK COMING IN- ASSOCIATED WITH
THIS PROJECT AND THAT'S WHAT
THESE RESOURCES ARE FOR. THE
OTHER THING THAT I WOULD MENTION
THAT IS VERY CRITICAL IS THAT
THE VAST MAJORITY OF THE GOALS
OF THIS PROJECT ARE SO SHOULD
WITH. WITH MANAGING END OF LIFE
ISSUES ASSOCIATED WITH AFTER IS
COMPLIANT SYSTEMS WHICH GENERATE
FOR- ALMOST SIX BILLION A YEAR
FOR THE GENERAL FUND. AND SO-
THE INABILITY TO RECOGNIZE AND
OVERCOME THOSE END OF LIFE
ISSUES WITH PERCENT- SUBSTANTIAL
JEOPARDY AS WELL FOR OF TO BE IN
THE STATE WHICH I THINK IS WORTH
MENTIONING AS. WELL THANK YOU.
THANK CENTER CENTER COME. THANK
YOU MISTER CHAIR- I JUST WANNA.
TO SAY THAT I VERY FAMILIAR WITH
THIS. TECHNOLOGY PROJECT HAVING
BEEN- HAVING OVERSIGHT OF F. T.
B. AS PART OF MY DUTIES IN THE
ADMINISTRATION I'M AND THIS IS A
REALLY GOOD EXAMPLE OF A TECH
PROJECT THAT HAS MADE ALL OF THE
OBJECTIVES THAT WERE SET BY F.
T. B. SO I WANTED TO. JUST SAY
THAT- THAT THAT THAT THAT FTV
HAS DONE AN EXCELLENT JOB. WE
NEED TO RECOGNIZE WHEN
TECHNOLOGY PROJECTS GO WELL AND-
AND I AND I JUST WANTED TO SAY-
JOB WELL DONE SO I APPRECIATE
YOUR YOUR COMMENTS TODAY YEAR
THE END OF LIFE DISCUSSION WAS.
THE END OF LIFE OF THE
TECHNOLOGY NOT ANYBODY IN THE
DEPARTMENT JUST. SO WE'RE CLEAR-
IT IT'S THAT IT THESE ARE THESE
ARE LEGACY- OPERATIONS THAT ARE
NO LONGER FUNCTIONING TO THE
HIGHEST CAPACITY AND F. F. T. B.
IS BEING MODEST BECAUSE THEY
BROUGHT IN. SIGNIFICANT REVENUE
BECAUSE THEY'VE HAD THE ABILITY
NOW TO GO AFTER ON OUR END TO
NOTE INDIVIDUALS THAT ARE NOT
PAYING WHAT THEY SHOULD BE
PAYING IN TAXES SO APPRECIATE
THAT- THE UPDATE AND- THANK YOU
FOR A JOB WELL DONE. HI WORDS.
AND I WERE ECHO THAT YOU SO-
ITEM WILL BE HELD OPEN TO
THEY'RE NOT QUESTION COMMENTS
MEMBERS OF TAKE US ISSUE A-
TECHNOLOGY EXPANSION FOR
BUSINESS ENTITIES REFUNDABLE
CREDIT. GOOD MORNING. MY NAME IS
TO A LONG AND I'M COVERING ISSUE
EIGHT TODAY. I SHOULD MENTION
TECHNOLOGY EXPANSION FOR
BUSINESS ENTITIES REFUNDABLE
CREDIT THIS PROPOSAL REQUESTS
FOUR POINT FIVE MILLION AND TWO
TWO YEAR LIMITED TERM AND FIVE
PERMANENT POSITION STARTING IN
FISCAL YEAR TWENTY THREE TWENTY
FOUR. TO MAKE THE NECESSARY
CHANGES TO OUR TAX SYSTEMS IN
ORDER TO SUPPORT REFUNDABLE
CREDITS FOR BUSINESS ENTITIES.
CURRENTLY OUR SYSTEMS CANNOT
REFUND ANY DOLLARS THAT HAVEN'T
BEEN PAID YET. AND THE SYSTEM
LIMITATION- REALLY CONSTRAINS
OUR ABILITY TO IMPLEMENT
LEGISLATIVE PROPOSALS SEEKING TO
PROVIDE REFUNDABLE TAX CREDITS
TO ASSIST BUSINESSES. IN
OVERCOMING THEIR CHALLENGES.
RESOURCES WE- WOULD ABLE TO BEAT
MAKE THE X. COMPLEX AND
TRANSFORMATIONAL CHANGES ARE. TO
SUPPORT ANY REFUNDABLE CREDITS
BUSINESSES IN THE FUTURE. THE
PRIMARY SYSTEM THAT'S REQUIRING
MODIFICATIONS AND THREATENING
KOBOL AND HAVE TO BE HAS LIMITED
RESOURCES WITH THE SKILLS ACT.
IN ADDITION OUR SYSTEMS ARE
HIGHLY INTEGRATED AND COMPLEX SO
TO ENSURE A SUCCESSFUL
IMPLEMENTATION AND WITHOUT
RISKING OR IMPACTING OUR CORE
BUSINESS. SOMETHING TAX RETURNS
. TO BE IS BETTER SUPPORT FOR
THIS CHOI. OF THE FOUR POINT
FIVE MILLION REQUESTED THIS
PROPOSAL THREE POINT FOUR
MILLION IS FROM ONE TIME VENDOR
COSTS. ALSO PLEASE NOTE THE
AUGMENTATION WOULD ALLOW IT TO
BE TO IMPLEMENT REFUNDABLE
BUSINESS CREDITS IN GENERAL AS
OF JANUARY FIRST OF TWENTY
TWENTY FIVE. HOWEVER ANY
SPECIFIC CREDIT THAT NEEDS TO BE
IMPLEMENTED WILL REQUIRE
ADDITIONAL TECHNICAL AND
BUSINESS RESOURCES. UP WITHOUT
HAPPY TO TAKE ANY QUESTIONS YOU
MAY HAVE. THANK YOU VERY MUCH
ANY COMMENTS FROM THE DEPARTMENT
OF FINANCE. EXCELLENCE
DEPARTMENT FINANCE I HAVE NO
CONCERNS WITH THIS. WITH THIS
REQUEST THANK YOU THANK YOU L.
L. YES- GRANULAR FROM THE L. A.
I JUST WANTED TO ADD A LITTLE
BIT MORE DETAIL ON. OF THE LAST
POINT THERE ABOUT- THIS ALLOWING
IT TO BE TO IMPLEMENT-
REFUNDABLE CREDITS IN GENERAL-
AND JUST TO KIND OF- FOR SHOT A
LITTLE BIT ON ISSUE ELEVEN WE
WILL BE DISCUSSING REFUND
ABILITY IN THE FILM TAX CREDIT-
AS WE UNDERSTAND THROUGH THE
SESSIONS OF THAT TO BE. THERE
WILL BE SOME ADDITIONAL
ADMINISTRATIVE COSTS THAT WOULD
BE ASSOCIATED WITH IMPLEMENTING
THAT FOR THE FILM TAX CREDIT IN
PARTICULAR SO JUST JUST TO
HIGHLIGHT THAT FOR INSPIRATION.
THANK YOU VERY MUCH WILL BRING
IT BACK TO THE COMMITTEE THERE
ARE NO QUESTIONS FROM THE CHAIR
OF THE QUESTIONS OR COMMENTS
FROM MEMBERS. I HAVE INTERNAL A
CLARIFICATION THIS IS- AT LEAST
IN PART FUNDING- CAPABILITY THAT
IS CURRENTLY NOT ALLOWED IN LAW
AM I CORRECT ON THAT. YES THIS
IS A THAT IS CORRECT- DESIST IN
PREPARATION FOR- ANY DESIRE
CREDIT IN THE FUTURE. SO WE
DON'T KNOW WHETHER WE'RE GONNA
NEED IT OR NOT. ABSOLUTELY TRUE-
ON THE RECENTLY TO PUT FORTH THE
PROPOSAL IS OVER THE LAST I'M
NOT SURE SEE- SESSION WE DID SEE
A DESIRE TO IMPLEMENT- BUSINESS
CREDITS REFUNDABLE CREDITS
SPECIFICALLY- HOWEVER- OUR
SYSTEM CURRENTLY DOESN'T ALLOW
US TO REACT TO THAT. IN A TIMELY
FASHION SO- THIS PROPOSAL WAS
PUT FORTH I'M. TO ALLOW FOR THE
FLEXIBILITY. ON THE- BUT IT IS A
PRESUMPTION OF WHAT LARGEST. IS
LIKELY TO DO. THOUGH IT HASN'T
DONE IT YET. YES SIR. I WOULD
JUST YOU KNOW TO ADD MEAN I
THINK IT'S- IT'S TYPICAL THERE'S
OFTEN AND THOSE OF US IN THE
BUSINESS OF GOVERNMENT WE GET IT
COMING BOTH WAYS IF WE ARE
REACTIVE THERE ARE CONCERNS IF
WE ARE PERSPECTIVE THERE ARE
CONCERNS I THINK IT'S IMPORTANT-
AS I REVIEW THE INFORMATION ON
THIS MATTER- CERTAINLY THE
ABILITY TO. RESPOND TO SHIFTING
TO MORE REFUNDABLE CREDITS- IN A
TIMELY FASHION AND HAS A DIRECT
AND RELEVANT IMPACT ON THE
BUSINESSES SEEKING TO CAPITALIZE
ON THAT- AND THE REGARDLESS OF
WHETHER. THERE ARE NEW POLICY
ACTIONS IN THE PENDING TERM OR
IN THE NEAR FUTURE. IT'S PRETTY
CLEAR THAT THE- THE
INFRASTRUCTURE NEEDS TO BE ABLE
TO BE- ADJUSTED TO ACCOMMODATE
THAT I THINK IT'S REASONABLE TO
ANTICIPATE THAT. TO SOME DEGREE-
THAT MY COLLEAGUES POINTS WILL
TAKE IT. THERE HASN'T BEEN
ACTION. BUT I JUST WANTED TO
MAKE THAT COMMENT CENTER NEIL
AND- THAT THAT'S A- A LEGITIMATE
POINT- AND I WILL GRANTED BUT-
REFUNDABLE TAX CREDITS MEANS
THAT YOU ARE. GRANTING TAX
CREDITS TO ENTITIES THAT ARE
MAKING MONEY AND TO THE EXTENT
THAT I AM ALL FOR. BUSINESS
DEVELOPMENT- OF MY CAREER IN AND
OUT OF GOVERNMENT IT HAS- BEEN
THAT. INCLUDING VENTURE FUNDING-
BUT- THE- TO ALLOW CREDITS I
THINK IT'S GONNA BE REALLY
IMPORTANT TO ASSESS THE RETURN
OF ALLOWING CREDITS TO
BUSINESSES THAT ARE NOT
GENERATING A PROFIT. A LOT OF
THEM EVENTUALLY WILL AND LITTLE
COMPANIES BECOME BIG COMPANIES
BUT THE FAILURE FAILURE RATE
AMONG BEGINNING VENTURE CAPITAL
COMPANIES IS EXTREMELY HIGH.
GREAT ANY FURTHER. QUESTIONS OR
COMMENTS IF NOT THIS ITEM WILL
BE HELD OPEN THAT'LL TAKE US TO
ISSUE NINE RETURN PROCESSING
TECHNOLOGY SUPPORT. YES THANK
YOU I'LL BE COVERING ISSUE NINE
AS WELL- DISPOSAL IS REQUESTING
FOUR POINT NINE MILLION. AND
TWENTY NINE POSITIONS BEGINNING
IN FISCAL YEAR TWENTY THREE
TWENTY FOUR AND ONGOING TO
MAINTAIN AND IMPROVE OUR
EXISTING MISSION CRITICAL
APPLICATIONS AND SERVICES. THAT
SUPPORT A RETURN PROCESSING
FUNCTIONS. OUR PROCESS IS THAT
HAVE TO BE ARE UNDERPINNED BY
TECHNOLOGY 87% OF OUR TAX
RETURNS ARE FULLY PROCESS
WITHOUT STOCKHOLDER
INTERVENTION. 83% OF OUR
PERSONAL INCOME TAX COLLECTION
ACCOUNTS ARE RESOLVED THROUGH
AUTOMATED COLLECTIONS AT THE
ONLY 80% OF TO BE STOCKS WHICH
PAYMENTS ARE LIKE TRONIC. BUT
WHICH THE HOLY. AFTER BE SIGNAL
SERVICE TO THEIR- WHICH CONSISTS
- CONSISTS THAN I TO IMPLEMENT
CHANGE. AT THE TOP LAST. OR
WORKFLOW I'M SUPPORT OF ALL
RETURN PROCESS. THROUGH EITHER
CHANGE OR ARE INJURY CHANGE. AT
THE SAME TIME ONGOING STOP AND
MAKE KEEP THE LIGHTS ON A OF OUR
FTP SINCE. HOW OLD INCREASED AND
COMPLY. TO THERE'S BEEN AND HOW
BROUGHT ABOUT NEEDS THERE'S ONE
EXTRA GROWTH IN THE OF DATA
REQUIRED INCOME. AND ALSO
INCREASE TAX COMMAND SELF SERVE
. US RESULT OF TO BE AN TST
ARTICLE SERVICES DIVISION IN
PARTICULAR IS KERR RISK GAP ARE
AND OR PLUS WORK. THIS SEGMENT
ONE ABLE TO BE TO REDUCE THE
RISK OF ADVERSE IMPACTS RETURN.
WORKLOADS ENHANCE OUR TO REACT
TO. AND ALSO MAY WHICH ARE IS
THERE. WITHOUT HELP YOU TAKE A
QUESTIONS MAY HAVE. THANK YOUS
ARE COMMON FROM THE PART PLANS.
IT'S WE THE WOULD CALL AT THIS
TIME THANK YOU THANK YOU L. A.
BROWN YOU'LL THE L. L. AND JUST
A QUICK IN A- BOTH TO ISSUE- AND
TEN- THE LEGISLATURE THE
GOVERNOR OF ENOUGH OF ACTION TO-
EXPAND. THIS AND OF BE USERS IN
RECENT AND IF. THAT'S ONE OF THE
MAJOR DRIVERS BEHIND BOTH OF
THESE B. C. PIECE THAT YOU'RE
SEEING HERE. AND SO I THINK
THAT'S JUST SOMETHING FOR THE
COMMITTEE IN THE LEGISLATURE TO
KEEP IN MIND AS WE MOVE FORWARD
CONSIDERING OTHER YOU KNOW TAX
POLICY CHANGES OR OTHER KINDS OF
GOALS LEGISLATURE MAY ASK THAT
YOU BE- IS THAT- CONSIDERING
KIND OF THE ADMINISTRATIVE
COMPLEXITY OF THAT CREATES FOR
THE AGENCY- AND FACTORING IT
INTO THOSE DISCUSSIONS. THANK
YOU WILL BRING IT BACK TO THE
COMMITTEE THERE ARE NO QUESTIONS
COMMENTS FROM THE CHAIR OR THEIR
MEMBER COMMENTS OR QUESTIONS
CENTER NEW YORK. JUST A QUICK
COMMENT- WHEN THIS ITEM COMES
BACK FOR A VOTE- HERE AND BEYOND
THAT- I HOPE THERE'LL BE SOME-
ARTICULATION ABOUT- A FISHING
SEES OF OPERATIONS AND DIFFERENT
WAYS OF DOING THINGS TO PERHAPS
AVOID- INCREASING STAFF. THANK
YOU CENTER RIGHT THIS ITEM WILL
BE HELD OPEN AND FRIENDS TO
ISSUE TEN SERVICES AND
STAKEHOLDER SUPPORT GAPS. RIGHT
TO NOT TO ME CERTAIN YOU AND-
SITTARD ANY LOVE THANK YOU FOR
THAT QUESTION ON- ISSUE NINE WE
WILL CERTAINLY DO THAT- THAT IS
ABSOLUTELY I CAN ASSURE YOU
SOMETHING THAT WE LOOK AT BEFORE
WE PUT FORWARD ANY REQUEST FOR
ADDITIONAL RESOURCES- WE ARE
VERY INNOVATIVE. AND
ORGANIZATION I'M CONSTANTLY
LOOKING FOR EFFICIENCIES AND
TAKING ADVANTAGE OF THOSE
BECAUSE THERE'S ALWAYS UNDONE
WORK TO BE SURE SO THANK YOU FOR
THAT REQUEST AND WE'LL MAKE SURE
THAT- IT IS ACCOMMODATED. THANK
YOU SO ON THANK YOU YES SO ON TO
ISSUE TEN- THIS IS A PROPOSAL
REQUESTING FUNDING TO ENSURE
SUFFICIENT RESOURCES TO DO OUR
WORK THAT'S ASSOCIATED WITH FOR
SUPPORT FUNCTIONS INCLUDING
LEGISLATION BUDGET. PROCUREMENT
RESEARCH PROJECT OVERSIGHT EQUAL
EMPLOYMENT OFFICE SERVICES AND
KEY HR WORKPLACE FOR MAINTAINING
EMPLOYEE TALENT SO THIS IS A
VERY DIVERSE PROPOSAL AND I'LL
JUST TAKE A MOMENT TO THINK FINE
MR OHLER. EARLY FOR HIS COMMENTS
AND IT KIND OF AN INTRODUCTION
TO THIS PROPOSAL BECAUSE IT IS
VERY MUCH RELATED TO A
PREDOMINANTLY TO. THE INCREASED
WORK THAT WE CONTINUE TO-
ENGAGING TO SUPPORT YOU FOLKS
THERE- IN THE LEGISLATURE. TO
ENSURE THAT YOU'RE ABLE TO MEET
YOUR GOALS. SO THE RECIPIENT
TELFER. TO TWO POINT MILLION AND
THIRTY BECAUSE- AND FISCALLY
TWENTY TWENTY FOUR AND ONGOING.
TO ENABLE F. TO BE TO ENGAGE IN
THESE CRITICAL SUPPORT FUNCTIONS
FOR INTERNAL SERVICES AND
EXTERNAL STAKEHOLDERS. WITH
ENOUGH TO BE THERE ARE MULTIPLE
AREAS THAT SUPPORT SUPPORT THESE
CORE SERVICES FOR ALL OF THE FTP
. WE'RE CLOSING THIS BUSINESS
AREAS HAVE CONTINUED TO GROW IN
BOTH VOLUME AND COMPLEXITY OF
THE LAST THREE YEARS. IF NOT
FIVE YEARS YEARS WHERE WORKLOADS
INCREASED WERE ORIGINALLY
THOUGHT TO BE ANOMALIES- AND WE
JUST KEPT POWERING THROUGH.
UNFORTUNATELY DATA CONTINUES TO
SHOW THAT THIS IS NOT THE CASE
AND THAT'S THE NEW NORM FOR
THESE WORKLOADS IS IN FACT THAT
THE SAID HANDS LEVEL. AS A
RESULT THE VISION STUFF LEVEL
FOR THESE THANK FOR AFTER FROM.
TIMELY TIME OR ACT. OR ADEQUATE
. TO EXTERNAL OR INTERNAL
REQUEST FOR SERVICES. AFTER IT
IS AN ABILITY TO COMPLETE THESE
CRITICAL SUPPORT WORK EFFORTS
AND PRODUCTS COULD JEOPARDIZE
KEY POLICY EFFORTS OF THE
ADMINISTRATION AND THE
LEGISLATURE. AND PACKS OF CHEAP
NEEDS ABILITY TO COMPLETE
ESSENTIAL WORK IN THE MOST
EFFECTIVE MANNER. THIS
AUGMENTATION ENSURES THAT HAVE
TO BE OPERATIONS ARE STRONG AND
ALLOWS FOR THAT OPTIMAL SERVICE
LEVELS FOR ALL CRITICAL EXTERNAL
PARTNERS. THANK YOU FOR YOUR
TIME AND SUPPORT AND I'M HAPPY
TO ANSWER ANY QUESTIONS YOU
HAVE. THANK YOU OTHER COMMON
FROM DEPARTMENT OF FINANCE.
ACTORS OUR FINANCE WANTED TO.
LET ME KNOW HOW MUCH THE
ADMINISTRATION PRE APPRECIATES
THEIR OUTREACH. AND OTHER THAT
WE HAVE NO ADDITIONAL COMMENTS
THANK YOU. THANK YOU L. L. E.
DIRECT. NOTICE ALL COMMENTS
THANK YOU. BRING IT TO THE-
COMMITTEE THERE ARE NO COMMENTS
QUESTIONS FROM THE CHAIR ARE
THERE OTHER. COMMENTS OR
QUESTIONS. ALL RIGHT THIS ITEM
WILL BE- HELD OPEN THAT'LL BRING
US TO- ISSUE NUMBER ELEVEN FILM
AND TELEVISION TAX CREDIT. FEES
A GOOD MORNING CHAIR MEMBERS
COLBY WHITE DEPARTMENT FINANCE
COVERING ISSUE ELEVEN. ASSEMBLY
AWAY BACKGROUND AS SINCE TWO
THOUSAND NINE CALIFORNIA HAS HAD
A MOTION PICTURE AND TELEVISION
TAX CREDIT PROGRAM TO PROVIDE
ECONOMIC STIMULUS TO INCREASE
FILM AND TELEVISION PRODUCTION
AND JOBS IN CALIFORNIA. AND TO
BETTER COMPETE WITH OTHER STATES
IN INTERNATIONAL JURISDICTIONS
SO THAT CALIFORNIA COULD
MAINTAIN ITS LEADING POSITION IN
THE MOTION PICTURE INDUSTRY. TAX
CREDITS ARE PROVIDED TO OFFSET A
SET PERCENTAGE OF ELIGIBLE
PRODUCTION EXPENSES THE FIRST
FILM TAX CREDIT WAS ENACTED IN
TWO THOUSAND NINE ALLOCATED ONE
HUNDRED MILLION AND PER YEAR.
THAN TWO THOUSAND FIFTEEN THE
TAX CREDIT PROGRAM REFERRED TO
AS PROGRAM TWO POINT OH WAS
EXPANDED TO THREE HAND THIRTY
MILLION PER YEAR FOR FIVE YEARS.
AND THEN IN TWENTY TWENTY
PROGRAM THREE POINT OH WAS
ENACTED WHICH CONTINUE TO
ALLOCATE ON A COMPETITIVE BASIS
THREE HUNDRED THIRTY MILLION PER
YEAR IN TAX CREDITS THROUGH
FISCAL YEAR TWENTY FOUR TWENTY
FIVE. ADDITIONALLY THERE WAS
SOME EXPANSIONS THE TWENTY
TWENTY ONE BUDGET ACT EXPANDED
THE ALLOCATION OF TAX CREDITS
UNDER PROGRAM THREE POINT OH. BY
NINETY MILLION IN TWENTY ONE
TWENTY TWO AND NINETEEN MILLION
IN FISCAL YEAR TWENTY TWO TWENTY
THREE. AND LASTLY THE TWENTY
TWENTY ONE BUDGET ALSO INCLUDED
A HUNDRED FIFTY MILLION IN ONE
TIME FUNDING FOR THE SOUNDSTAGE
PROGRAM. WHICH ALLOCATES TAX
CREDITS IN AN AMOUNT EQUAL 220%
OR 25% OF QUALIFIED
EXPENDITURES. FOR THE PRODUCTION
OF QUALIFIED MOTION PICTURE IN
THE STATE S. CERTIFIED KANNST.
STUDIO CONSTRUCTION PROJECT. THE
GOVERNOR'S THE PROPOSAL BEFORE
YOU BEFORE YOU HERE TODAY IS TO
EXTEND THE EXISTING THREE POINT
OH PROGRAM- HEREAFTER REFERRED
TO AS PROGRAM FOUR POINT OH. FOR
AN ADDITIONAL FIVE YEARS AT
THREE HUNDRED THIRTY MILLION
ALLOCATIONS PER YEAR FROM FISCAL
YEAR TWENTY FIVE TWENTY SIX
THROUGH. TWENTY NINE THIRTY.
THERE WAS SOMETHING THERE SOME
KEY DIFFERENCES FROM THREE POINT
OUT SO IT THE TAX CREDITS
AWARDED UNDER PROGRAM FOR PLANO
WILL BE REFUNDABLE. SO THAT
TAXPAYERS TO DO NOT HAVE INCOME
OR SALES TAX LIABILITY CAN
BENEFIT FROM THE CREDIT. TO
LIMIT THE FISCAL IMPACT OF THE
STATE TAXPAYERS WILL BE LIMITED
TO CLAIMING 20% OF THE ORIGINAL
TAX CREDIT IN ANY YEAR WITH A
10% DISCOUNT RATE APPLIED. SO
ADD CREDITS CANNOT BE CLAIMED
OVER NO LESS THAN FIVE YEARS. I
REFINED ABILITY WILL BE OPTIONAL
SO TAXPAYERS THE SUFFICIENT
INCOME OR SALES TAX LIABILITY
WILL STILL BE ABLE TO FULLY
UTILIZE THE CREDITS AT THEIR
FACE VALUE. TO OFFSET THEIR TAX
LIABILITY. REFUND ABILITY WILL
PROVIDE CERTAINTY TO A WIDER
RANGE OF TAXPAYERS THAT THEY CAN
BENEFIT FROM THE STATE'S FILM
TAX CREDIT PROGRAM. WHICH WILL
INCREASE THE COMPETITIVENESS OF
THE PROGRAM AND YOU'LL MORE
ECONOMIC BENEFIT TO THE STATE
FOR EACH TAX CREDIT ISSUED. THE
PROPOSED PROGRAM FOR PLANO ALSO
INCLUDES A DIVERSITY WORK PLAN
COMPONENTS PROMOTE SHARED GOALS
OF PROVIDING EQUAL OPPORTUNITY
IN THE MOTION PICTURE AND
TELEVISION PRODUCTION INDUSTRY.
THE ADMINISTRATION STRUCTURE
STRUCTURE THIS PROPOSAL TO
PROVIDE AN INCENTIVE OF 4% OF
TOTAL DOLLAR WERE DENOUNCED. THE
PROJECT APPLICANTS TO SUBMIT AND
MAKE A GOOD FAITH EFFORT TO
CHEESE A PROJECT TO ACHIEVE A
PROJECT SPECIFIC. DIVERSITY WORK
PLAN. THIS PROVIDES AN INCENTIVE
TO OPT INTO THE DIVERSITY
PROVISIONS WITHOUT REDUCING THE
TOTAL AMOUNT OF FUNDING
AVAILABLE FOR APPLICANTS. WE
ENVISION THAT ALL TAXPAYERS
APPLYING FOR THE CREDIT WILL
PARTICIPATE AND BE SUCCESSFUL IN
THEIR EFFORTS AND WILL THEREFORE
RECEIVE 1100% OF THEIR AWARD-
THE ESTIMATED FISCAL IMPACT OF
THE PROGRAM. OF THIS PROPOSAL
IS- WITHIN THE MULTI YEAR BUDGET
WINDOW IS EIGHT MILLION. REVENUE
LOSS IN TWENTY FIVE TWENTY SIX
AND FORTY NINE MILLION IN TWENTY
SIX TWENTY SEVEN. AND THEN
LASTLY THAT PROPOSED TRAILER
BILL HAS SOME TECHNICAL CHANGES
TO THE EXISTING SOUNDSTAGE
FILMING TAX CREDIT. TO ENSURE
THAT PROGRAM- FUNCTIONS AS
ORIGINALLY INTENDED. A SECOND
CLOSE MY REMARKS HAPPY TO TAKE
ANY QUESTIONS I'M ALSO JOINED BY
MY COLLEAGUE AT THE CALIFORNIA
FILM COMMISSION. FOR QUESTIONS
AS WELL THANK YOU. THANK YOU ANY
COMMENTS FROM DEPARTMENT OF
FINANCE. A BINDER PARK TO PUBLIC
FINANCE I HAVE NO FURTHER OH I'M
SORRY I'M JUST ON THE AUTOMATIC
STRUCTURE PILOT HERE FORGIVE ME.
HELLO YOU ARE PRESENTING THAT'S
HOW BOUT ELIA. NOT ENOUGH
BECAUSE I THINK IS. OF YOU
MISTER CHAIR YOU'LL THE L. A.
EARLY THIS WEEK ARE OFFICE-
RELEASED AN ASSESSMENT OF THE
ECONOMIC EFFECTS OF THE FILM TAX
CREDIT ALONG WITH. AN ASSESSMENT
OF THE GOVERNOR'S PROPOSAL TO
EXTEND THE FILM TAX CREDIT FOR
AN ADDITIONAL FIVE YEARS AND
MAKE THE CREDIT. REFUNDABLE ALSO
JUST TO RECAP SOME OF THE
HIGHLIGHTS FROM- THAT REPORTS
STARTING WITH JUST SOME GENERAL
CONTEXT ABOUT THE EFFECTIVENESS.
OF THE CREDIT WHICH- AS MISTER
WHITE- MENTIONED- I A KEY GOAL
OF THE PHONE TAX CREDIT IS TO.
MAINTAIN CALIFORNIA'S. FILM
INDUSTRY- IN THE IN THE PRESENCE
OF A COMPETITION FROM OTHER
STATES WITH- WITH FILM TAX
CREDIT SOME OF THEIR OWN- AND SO
LOOKING AT THE OUTCOMES IN
RECENT YEARS WE SEE- THAT
CALIFORNIA. CONTINUES TO HAVE
ABOUT HALF OF- OVERALL
EMPLOYMENT IN THE U. S. FILM
INDUSTRY AND THAT'S BEEN STEADY
FOR ABOUT THE LAST DECADE- MAYBE
DECLINED MODESTLY IN RECENT
YEARS. BUT REALLY- CALIFORNIA
REMAINS FAR AND AWAY THE LARGEST
EMPLOYER IN THIS INDUSTRY. WE
ALSO CA ARE THE INDUSTRY HAS
THAT'S A STEADY LEVEL OF
PRODUCTION OVER THE LAST DECADE
OR SO- WITH WHAT THE EXCEPTION
BEING IN TWENTY TWENTY- DUE TO A
DRAMATIC DROP OFF IN ACTIVITY.
DURING THE EARLY STAGE OF THE
PANDEMIC. AND WE THINK THAT-
BASED ON OUR REVIEW OF RESEARCH
ON STAGE OKAY FILM TAX CREDIT
PROGRAMS- THAT CALIFORNIA'S FROM
TAX CREDIT HAS BEEN A ONE
CONTRIBUTING FACTOR- IN THE
STEADINESS OF THE STATE'S OF
FILM INDUSTRY. OVERALL LOOKING
AT THAT WILL ENSURE WE FIND THAT
THERE IS EVIDENCE THAT STATES
THAT HAVE FILM TAX CREDITS. HAVE
LARGER MOTION PICTURE INDUSTRIES
AND WE THINK OF THE CALIFORNIA'S
CREDIT IS HAS CONTRIBUTED TO OUR
INDUSTRY BEING A FEW PERCENTAGE
POINTS. LARGER THAN IT OTHERWISE
WOULD BE- THAT BEING SAID IT'S
UNCLEAR THAT- THE FILM TAX
CREDIT LEADS TO THE STATE'S
OVERALL ECONOMY BEING. LARGER
AND THE REASON FOR THIS IS THAT
ALTHOUGH THE REV. TO STAY
REVENUE THE IS A LOST. THE FOR
TAX FOR. I COULD HAVE BEEN ON
ALTER STAY PROGRAMS ARE ACTIVE
AND THOSE THEMSELVES. I WOULD
HAVE TAKEN BENEFITS AND SO
REVIEW SOME OF THOSE KIND OF
OTHER POTENTIAL EXPENDITURES
SUGGEST. IT WE CAN'T REALLY BE
SURE THAT THE ECONOMIC BENEFITS
FOR GETTING IN THE FILM INDUSTRY
HERE EXCEED THOSE THAT WE WOULD
GET THROUGH ALTERNATIVE
ALLOCATIONS IN THE STATE BUDGET
. US AND THEN TURNING TO THE
GOVERNOR'S PROPOSAL-
SPECIFICALLY KIND OF IN LIGHT OF
THAT LAST COMMENT- WE WOULD
SUGGEST THAT THE LEGISLATURE AND
ITS CONSIDERATION OF EXTENSION
OF FILM TAX CREDIT NOT THINK OF
IT. NECESSARILY IS A RELIABLE
MECHANISM TO GROW THE STATE'S
OVERALL ECONOMY. HOWEVER TO THE
EXTENT THE LEGISLATURE VIEWS IT
AS A WORTHWHILE GOAL TO KIND OF
DEFEND HOLLYWOOD'S A CENTRALITY
IN THE MOTION PICTURE INDUSTRY-
THEN THIS COULD BE. SOMETHING
WORTH CONSIDERING- AND IF THE IF
THE LEGISLATURE. DOES WISH TO
MOVE FORWARD WITH FUND ACTUALLY
WE DO THINK OTHER THE PROPOSAL
FOR REFUND ABILITY COULD BE
WORTH CONSIDERING AS WELL-
REFUND ABILITY MAKING THE CREDIT
REFUNDABLE HAS BOTH SOME OF PROS
AND CONS. ON THE BENEFIT SIDE-
RIGHT NOW WITH A NON REFUNDABLE
CREDIT YOU HAVE SOMEWHAT UNEQUAL
TREATMENT OF- TAXPAYERS A MATURE
CYPRIAN'S. WHERE THE ABILITY TO
USE THE CREDIT IN A TIMELY
FASHION WILL VERY BASED ON
THINGS THAT DON'T HAVE ANYTHING
TO DO WITH MOTION PICTURE
ACTIVITY LIKE. WHETHER OR NOT
BUSINESSES HAVE SALES TAX
LIABILITY OR- WHETHER OR NOT
THEY CONDUCT- RESEARCH IN THE
STATE- SO MAKING THE CREDIT
REFUNDABLE WOULD- KIND OF LEVEL
THAT PLAYING FIELD AMONG THOSE
TAXPAYERS. ALL THERE IS SOME.
THAT REFUNDABLE CREDITS ARE I
CAN BE MORE ATTRACTIVE
ESPECIALLY TO BIGGER PRODUCTION
COMPANIES THAT MAY- BRING A
HIGHER. HIGHER DOLLAR
PRODUCTIONS TO THE STATE AND SO
THAT. POTENTIALLY COULD BE A WAY
OF KIND OF FURTHERING SOME OF
THE STATE GOALS OF THE PROGRAM.
ON THE CON SIDE- ONE MAJOR IS
THAT MAKING THE CREDIT
REFUNDABLE WOULD HAVE A NUMBER
OF COSTS FOR THE STATE. I WOULD-
BOTH MAKE THE CREDITS COST
OVERALL MORE EXPENSIVE- AND
WOOD- ACCELERATE WHEN THE STATE
WOULD I EXPERIENCED THOSE COSTS-
IN ADDITION AS I DISCUSSED A FEW
MINUTES AGO IT WOULD CREATE
ADDITIONAL ADMINISTRATIVE COSTS
AND COMPLEXITY FOR F. T. B. AND
THERE IS A KIND OF ONE
ADDITIONAL CON TO CONSIDER IN
THAT IS THAT- YOU KNOW IDEALLY
THE STATE WOULDN'T. EVEN NEED TO
FILM TAX CREDIT AND BE COMPETING
WITH OTHER STATES IN ORDER TO
MAINTAIN- YOU KNOW OUR INDUSTRY-
BUT- YOU KNOW THE PRESENCE OF
THESE. KIND OF COMPETITIVE FILM
TAX CREDITS AND OTHER STATES HAS
KIND OF FORCED THE STATE TO LOOK
AT THIS IS A IS A POTENTIAL
TOOL- MOVING THE STATE OR
FEDERAL TAX CREDIT COULD- IN
SOME SENSE SPUR OTHER STATES TO
LOOK AT US. AND FEEL LIKE THEY
NEED TO TAKE ANOTHER STEP TO BE
YOU KNOW REMAIN COMPETITIVE IN
THAT COULD KIND OF. PUT US INTO
THIS- SOMEWHAT OF A SO CALLED
RACE TO THE BOTTOM MORE WERE
CONTINUING TO COMPETE WITH OTHER
STATES AND- CONTINUOUSLY KIND.
OF RAMPING UP THE GENEROSITY OF
THE OF THE CREDIT. SO IT'S ALL.
DOES I CAN SEE MAKING THE
REFUNDABLE WE WOULD SUGGEST-
DOING SO WITH A FEW
MODIFICATIONS TO THE PROPOSALS
OF STANDS- SPECIFICALLY WE WOULD
SUGGEST. PUTTING THE CREDIT ON A
SPECIFIED A CLEANING SCHEDULE TO
HELP. KIND OF- SMOOTHED OUT THE
COSTS FOR THE STATE- WE SUGGEST
A REDUCING THE OVERALL ANNUAL
ALLOCATION THAT IS ALLOWED. I
RECOGNIZE RECOGNIZING THAT
REFUND ABILITY WILL MAKE THE
CREDIT MORE EXPENSIVE AND ALSO
CONSIDER A REDUCING SOME OF THE
EXISTING. OTHER FLEXIBILITIES
INCLUDE AND USE OF THE CREDIT
FOR EXAMPLE USING A CLAIM IN THE
CREDIT AGAINST THE SALES TAX- SO
THAT WE HAVE TO TAKE ANY
QUESTIONS. THE- OF ANY QUESTION
ANY COMMENTS. I WOULD- ISSUES
MAY REFER BACK TO THE COMMENTS I
MADE BEFORE ABOUT REFUNDABLE TAX
CREDITS BUT- I WOULD HOPE THAT-
IN EXTENDING THIS PROGRAM THAT-
WE WOULD BE ABLE TO QUANTIFY.
THE BENEFIT OF PROVIDING THE-
CREDIT IN THE FIRST PLACE
REFUNDABLE OR NOT- I HAVE SEEN
WHERE THE F. T. B. HAS. POSITED
THAT A DOLLAR SPENT- FOR EVERY
DOLLAR SPENT IN THIS AREA THE
STATE GETS TWENTY FOUR DOLLARS
AND ECONOMIC ACTIVITY. I DON'T
KNOW IF IT WAS REFERRING TO THIS
OR NOT BUT I HERE- STATISTICS
LIKE THAT BENEFIT SPENDING- TO-
ARE YOU IN FAVOR OF SPENDING. IN
ALL SORTS OF AREAS BUT RARELY DO
I SEE A DETAILED- QUANTITATIVE
ANALYSIS THAT SHOWS THAT THAT
DOLLAR RESULTED IN TWENTY FOUR
DOLLARS AND I WOULD HOPE THAT-
IS THIS COMES FORWARD AND
PARTICULARLY WITH- THE HISTORY
OF THE CREDIT- THAT WE COULD BE
ABLE TO SHOW THAT THE L. A. O.
MADE THE COMMENT IF I HEARD IT
CORRECTLY THAT. THE CREDIT AS IT
EXISTS NOW- MAYBE GIVES US A FEW
PERCENTAGE POINTS LARGER THAN
OTHERWISE WE WOULD ACHIEVE- IN
THE- ATTRACTING THE FILM
INDUSTRY THAT'S NOT A LOT I
DON'T KNOW WHAT IT QUALIFIES TO
SO I WOULD HOPE WE'D HAVE SOME-
CONCRETE- VISIBLE ANALYSIS ON
THE EFFECTIVENESS OF THIS. THANK
YOU CENTER CENTER CAREER. I
WOULD JUST YOU KNOW CLEARLY-
THERE'S A POTENTIAL I'M LOOKING
FORWARD TO THE CONVERSATION ON
REFUND ABILITY AND- THEM SEEING
IF THERE'S A MORE BALANCED
UNIVERSAL SET OF A APPLICABLES
BUT IF IT'S TO THE INDUSTRY- BUT
CLEARLY AS WAS POINTED OUT THAT
WOULD NECESSITATE- THE COST
IMPACT TO THE STATE AS WELL IN
REAL TIME AND I. I WOULDN'T
DISAGREE WITH MY DISTINGUISHED
COLLEAGUES COMMENTS ABOUT
QUANTIFYING ACTUAL IMPACTS ON
THE VERY DATA DRIVEN AROUND THAT
I THINK IT'S IMPORTANT THAT WE
HAVE THE CONVERSATION IT'S I
THINK IT'S IMPORTANT. THAT WE
MOVE THIS AT SOME POINT BUT I
DID WANT TO ADD ONE OTHER
COMMENT THIS IS YOU KNOW. I
THINK HAS BEEN PROVEN VERY
VALUABLE TO THIS INDUSTRY WHICH
IS- HELPING KEEP THE
COMPETITIVE- AS AN INDUSTRY THAT
WAS LARGELY BORN IN THE STATE
AND IS ASSOCIATED WITH IT- BUT
AS WE- LOOK TO THAT AND AS WE
REVIEW THAT- I WANT TO FLAG AN
ITEM- ABOUT WORK. PLACE SAFETY
PROTOCOLS I THINK. A LOT OF US
HAVE BEEN AWARE THAT- ON THE
PRODUCTION SIDE WITH THIS
INDUSTRY- THERE WERE THINGS
OCCURRING LIKE THE USABLE I'M
LIVE AMMUNITION ON SETS THAT
RESULTED IN. SOME VERY TRAGIC
CIRCUMSTANCES- BUT I THINK THAT
WHEN WE TAKE UP THE REVIEW WITH
THE CREDIT PER SE I'D LIKE TO
ALSO SEE WHETHER WE WANT TO LOOK
AT SOME SAFETY LANGUAGE BEING
INCLUDED THERE THIS. SPACE AND
WITH THAT- WE WILL A NOTE THIS
ITEM WILL BE HELD AND WILL MOVE
ON TO- ISSUE TWELVE INCOMPLETE
NON GRANTOR TRUSTS. THANK YOU
CHAIR- SO CALLED THE WHITE AGAIN
DEPARTMENT OF FINANCE AND
COVERING- INCOMPLETE NON GRANTOR
TRUSTS SO- RELATIVE. THAT JUST
BY WAY OF BACKGROUND SINCE IT IS
A RELATIVELY COMPLEX ISSUE AT
TRUST IS A COMMONLY USED. STATE
PLANNING TOOL THAT ALLOWS A
PERSON TO HOLD ASSETS ON THE
BEHALF OF ONE OR MANY.
BENEFICIARIES THERE ARE TWO
TYPES OF TRUST GRANT TORE AND
NON GRANTOR TRUSTS. GRANTOR
TRUST WHICH IS MORE COMMON IS
REVOKE HERBAL ALLOWS THE
GRANTOR- ADMINISTRATIVE CONTROL
OF THE TRUST AND THE INCOME AND
THE TAX ATTRIBUTES OF THE TRUST
FLOW TO THE TO THE GRANT OR- NON
GRANTOR TRUSTS ON THE OTHER HAND
GRANT CONTROL THE TRUST TO A
TRUSTEE. WHO ADMINISTERS THE
TRUST AND THEY ARE CONSIDERED
IRREVOCABLE. GRANTOR GIVES AND I
NON GRANTOR TRUST THE GRANTOR
GIVES UP RIGHT TITLE AND
INTEREST IN THE PRINCIPLE THAT
TRUST BASICALLY GIVES UP
CONTROL. OF THE NON CRANTOR
TRUST IS TREATED AS A SEPARATE
TAXABLE ENTITY AS RESPONSIBLE
FOR THE TAX CONSEQUENCES. OF
INCOME DEDUCTIONS AND CREDITS.
GENERALLY A GRANT TOOK A GRANT
OR SOMEONE WHO FUNDS THE TRUST
IS THAT'S RESIDING IN CALIFORNIA
THAT MOVES ASSETS TO A NON
GRANTOR TRUSTS IN ANOTHER STATE.
WOULD SHIELD THOSE ASSETS FROM
CALIFORNIA STATE TAXES. BUT THE
GIFT TO THE NON GRANTOR TRUST
WOULD MAKE THE GRANT OR SUBJECT
TO FEDERAL GIFT TAXES OR
REDUCTION IN THEIR STATE.
FEDERAL STATE TAX EXEMPTION. SO
WHAT WORKED AND WHAT WE'RE
TALKING ABOUT HERE IS A MORE
COMPLEX VERSION OF THE NON
GRANTOR TRUSTS THESE ARE CALLED
INCOMPLETE NON GRANTOR TRUSTS
THE INCOMPLETE GIFT NON GRANTOR
TRUSTS SOMETIMES CALLED INGS.
AND THEY HAVE BEEN USED IN
RECENT YEARS TO HELP HIGH NET
WORTH INDIVIDUALS MOVE ASSETS
OUT OF STATE. AND AVOID FEDERAL
GIFT TAXES AND SHIELD THE ASSETS
FROM STATE TAXATION. THERE ARE
OFTEN FORMED IN STATES LIKE
NEVADA OR DELAWARE THEY DO NOT
TAX THE INCOME OF TRUST. AND
DISTRUST STRADDLE THE LINE WHERE
THE GRANT TORE RETAINS ENOUGH
CONTROL THE TRUST FOR ITS GIFT
TO BE INCOMPLETE. AND THEREFORE
NOT TRIGGER FEDERAL GIFT TAXES-
BUT STILL MAINTAINS THE NON
GRANTOR STATUS OF THE TRUST
WHICH MEANS THE GRANTOR IS NOT
TAXED. IRIS RULINGS SINCE TWO
THOUSAND THIRTEEN- AND HAVE
GENERALLY AFFIRM THE STRATEGY
AND- NEW YORK PASSED LEGISLATIVE
STATION TWO THOUSAND FIFTEEN
CLOSE THE LOOPHOLE FOR THE
STATE. SO THE PROPOSAL BEFORE
YOU HERE TODAY FOLLOWS THE
SUCCESSFUL EXAMPLE OF THE NEW
YORK LEGISLATION AND IT
REQUIRES. THE NET INCOME DERIVED
FROM THIS PARTICULAR TYPE OF
TRUSTS TO BE INCLUDED IN THE
GRANT TOWARDS GROSS INCOME. AND
THIS- WILL CLOSE- THIS
PARTICULAR LOOPHOLE AND IS
EXPECTED TO INCREASE REVENUES BY
THIRTY MILLION IN TWENTY THREE
TWENTY FOUR. AND SEVENTEEN
MILLION IN SUBSEQUENT YEARS. IN
EFFECT THIRTEEN HUNDRED
TAXPAYERS IN THE FIRST YEAR AND
ROUGHLY SIX HUNDRED IN
SUBSEQUENT YEARS. NOW WITH THAT
HAPPY TO TAKE ANY QUESTIONS.
THANK YOU ARE ANY COMING FROM L.
L. GOOD MORNING GENTLEMAN WITH
THE LEGEND WAS OFFICE- NO
COMMENTS IN ADDITION TO THE SORT
OF. OVERVIEW THAT THAT MR WIDELY
FORWARD BUT I'M HAPPY TO TRY TO
ANSWER ANY QUESTIONS THE
COMMITTEE AND THEY HAVE OR OR
GET BACK TO YOU WITH MORE
SPECIFIC DETAILS ON THIS
PROPOSAL. THANK YOU THERE'S NO
QUESTIONS OR COMMENTS FROM THE
CHAIR OF MEMBERS HAVE QUESTIONS
. CENTER NEW YORK. YES THEY ARE
QUICK CAR- THIS IS A MANEUVER
THAT- ASSEMBLY WOULD BE MADE BY.
HIGH INCOME TAXPAYERS THAT WOULD
BE- FOR A KIND OF A PHÐ MOVING
OUT OF THE STATE MOVE- AND- TO-
THAT CHANGE JUST LAW- IT CHANGE
IT IN THIS WAY- PERVERSELY MAY
JUST. PUSH THAT PERSON OVER THE
CLIFF TO ACTUALLY MOVE OUT OF
THE STATE- JUST I THINK I
THOUGHT TO KEEP IN MIND. THANK
YOU SENATOR NO MORE QUESTIONS OR
COMMENTS THIS ITEM WILL BE HELD
OPEN THAT WILL BRING US TO ISSUE
THIRTEEN STUDENT LOAN
FORGIVENESS INCOME TAX EXEMPTION
. THANK YOU CHECK A THE WHITE
AGAIN DEPARTMENT IF I. SO LATE
LAST YEAR THE BY NOW HARRISON
MISSED AND A PLAN TO HELP. AND
MIDDLE CLASS FEATHER. FAMILIES
FEDERAL STE LOAN SORRY WHICH
INITIALLY INCLUDED AMONG OTHER
THINGS. UP TO TWENTY THOUSAND IN
FEDERAL DEBT CANCELLATION THE
PELL GRANT RECIPIENTS WITH LOANS
HELD BY THE DEPARTMENT EDUCATION
AND UP TO TEN THOUSAND AND
FEDERAL DEBT CANCELLATION TO NON
PELL GRANT RECIPIENTS. BORROWERS
ARE ELIGIBLE FOR THIS RELIEF IF
THEIR INDIVIDUAL INCOME IS LESS
THAN A HUNDRED TWENTY FIVE
THOUSAND OR TWO HUNDRED FIFTY
THOUSAND FOR HOUSEHOLDS. UNDER
CURRENTLY UNDER FEDERAL LAW FROM
TAX YEARS TWENTY TWENTY ONE
THREE TWENTY TWENTY FIVE ALL
FEDERAL STUDENT LOANS THAT ARE
FORGIVEN ARE EXEMPT FROM
TAXATION. THE PROPOSAL HERE
BEFORE YOU IT IS A BIT NARROWER
AND PARTIALLY CONFORMS TO
FEDERAL LAW AND IT EXEMPTS FROM
TAXATION ANY STUDENT NON
DISCHARGED UNDER THE PINE HURST.
PLAN ADMINISTRATION'S FEDERAL
STUDENT LOAN DEBT RELIEF PLAN.
THE PLAN IS CURRENTLY FACING
LEGAL CHALLENGES HEARD BY THE
SUPREME COURT AND WHETHER IT
WILL BE UP HELD IS UNCERTAIN AT
THIS POINT. IF UP HELD THIS
RELIEF IS EXPECTED TO PROVIDE.
OVER THREE POINT FIVE MILLION
CALIFORNIANS. THEIR HELP OVER
THREE POINT FIVE MILLION
CALIFORNIANS INCLUDING A TWO
POINT THREE MILLION ESTIMATED
HELP BORROWERS AND THAT WITH
THAT HAPPY TO TAKE ANY QUESTIONS
. THANK YOU COMMENTS FROM L. L.
THANK YOU AGAIN CHAZELLE NO WITH
THAT LET GENERAL'S OFFICE I'M
FIRST JUST VERY BRIEF COMMENTS
ABOUT THAT'S WHAT THE POLICY
MERITS OF THE PROPOSAL ITSELF-
IN MANY WAYS- A BORROWER WITH
OUTSTANDING FEDERAL STUDENT
LOANS- THAT ARE THAT ARE.
FORGIVEN UNDER THE BINDING
HARRIS ADMINISTRATION PLAN IS
NOT NECESSARILY GOING TO HAVE
THE RESOURCES OR THE INCOME
AVAILABLE TO PAY STATE INCOME
TAXES ON. THOSE FOR GIVEN
AMOUNTS WHICH WHICH IS. SORT OF
THAT THE IMPETUS FOR THE
ADMINISTRATION'S PROPOSAL HERE
SO WE DO SEE SOME ERROR ON THE
ON A POLICY BASIS THERE- THE
ONLY OTHER COMMON ALL ADD IS A
BIT OF. SORT OF CONTEXT OUR
UPDATE ON- THE SUPREME COURT
CASE THAT THAT MISTER WHITE
MENTIONED- DOES SPRING COURT DID
HEAR. ORAL ARGUMENTS FOR THIS
CASE EARLIER THIS WEEK- AND IT.
SORT OF LEGAL ANALYSIS AND
SCHOLARS SO TOOK THE POSITION
THAT THAT GENERALLY THE COURT
WAS NOT LOOKING FAVORABLY UPON-
THE BY MAHATHIR'S
ADMINISTRATION'S EXECUTIVE
ACTION. ON THE COURT WILL HAVE
MADE A PRIVATE VOTE- INTERNALLY-
AND THE CHIEF JUSTICE WHAT
DISTRIBUTED SORT OF THAT THAT
THE DECISION BRIEFS- BUT
CUSTOMARILY IN THE LAST SEVERAL
YEARS THE COURT IS NOT MADE
MAJOR- CASE FILINGS- PUBLIC
INTEL- JUNE- SO THE STATE.
CALIFORNIA MAY BE IN FOR A FEW
MONTHS OF WAITING BEFORE WE KNOW
EXACTLY WHAT THAT THE U. S.
SUPREME COURT HAS. DECIDED ON
THE ON THE FEDERAL RULING. I
THANK YOU VERY MUCH OF RAMPS TO
THE UC. AND- I WOULD HAVE A
QUESTION ABOUT PROBLEMATICALLY
THE ADMIN. FOCUS HERE- WITH THIS
PROPOSAL SPECIFICALLY ON
CONSISTENCY WITH FEDERAL RELIEF
AND THAT OBVIOUSLY IS THERE'S A
LOT TO BE SEEN ON THAT BUT MY
QUESTION IS WITH RESPECT TO.
OTHER SIMILARLY SITUATED
PROGRAMS TO PROVIDE RELIEF FOR
SORT OF LOW INCOME BORROWERS AT
GOOD EXAMPLE WOULD BE- PROGRAM
THE GOVERNOR'S PROUD OF IN THAT
I'M A BIG FAN OF THE COLLEGE COR
WITH WHERE WE'VE REDUCE SOME
DEBT BY A MAXIMUM AMOUNT
EXCHANGE FOR CERTAIN LEVEL OF.
COMMUNITY SERVICE- IS IT THE
INTENT- OR THE POSITION OF THE
ADMINISTRATION- THAT WE KNOW TO
PROVIDE RELIEF TO ALL. YOU KNOW
SORT OF LOW INCOME BORROWERS
BORROWERS AROUND YOU KNOW ACROSS
THE LINES OF OTHER SIMILAR
PROGRAMS ARE THEY DISCUSSING ON
THIS PARTICULAR- PROGRAM. THANK
YOU FOR THE QUESTION SOBRE A FOR
THIS PARTICULAR PROPOSAL WHERE
WHERE WHERE IT FOCUSED ON THIS
PARTICULAR PROGRAM- THE EXAMPLE
YOU SITE AND THERE ARE MANY
OTHER EXAMPLES WHERE THERE'S
BEEN DEBT FORGIVENESS. THE ISSUE
OF CANCELLATION OR TECH TAXATION
OF DEBT FORGIVENESS. FROM I CAN
THINK OF THE UTILITY- REGISTER
REWARDS PROGRAM FOR EXAMPLE
WHERE WE HAVE. EXEMPTED THAT-
THAT RELIEF FROM FROM TAXATION
BUT WE CAN WE CAN GENERALLY LOOK
AT IT ON A CASE BY CASE BY CASE
BASIS ARE NOT PREPARED TODAY TO
SAY THAT THE DEMONSTRATION IS.
IS YOU KNOW WE HAD HAS A BLANKET
POLICY FOR ALL ALL CALL DEBT
FORGIVENESS ABOUT A YOU KNOW
BELOW A CERTAIN INCOME THRESHOLD
OR SOMETHING LIKE THAT BUT WE
HAVE. DEALT WITH THIS ISSUE ON
MANY. MANY DIFFERENT THAT ON
MANY DIFFERENT CASES OUT THE
OUTSIDE OF JUST A STUDENT LOAN
DEBT AND I DO APPRECIATE THAT I
MEAN OBVIOUSLY WOULD BE LINKED
TO ACTUAL RELIEF. YOU KNOW AND I
THINK THAT IN CASES WHERE WE'RE
LOOKING PROGRAMMATIC LEE A
PROVIDING ACTUAL RELIEF PEOPLE
THAT ARE IN THIS PARTICULAR
CLASS OF BORROWERS I MEAN I
WOULD ENCOURAGE US TO TAKE A
BROAD IN. THE BROAD APPROACH
ACROSS THE BOARD- BUT I WOULD
LIKE TO SEE THAT CONVERSATION-
YOU KNOW THAT ELEMENT OF THE
CONVERSATION BE INCLUDED AS WE
GO FORWARD. ARE THERE OTHER
QUESTIONS OR COMMENTS. FROM
MEMBERS OF THE SUBCOMMITTEE. ALL
RIGHT THANK YOU IF NOT THAT I-
WILL BE. HELD OPEN THAT WILL
BRING US TO ISSUE FOR. NEW
EMPLOYEE CREDIT A- FOR
SEMICONDUCTOR COMPANIES. THANK
U. S. SO THE NEW EMPLOYMENT
CREDIT EXEMPTION FOR
SEMICONDUCTOR COMPANIES. UNDER
EXISTING LAW EMPLOYERS CAN CLAIM
THE NEW EMPLOYMENT CREDIT FOR
HIRING A FULL TIME EMPLOYEE. TO
RECEIVE THE CREDIT THEY MUST
MEET CERTAIN REQUIREMENTS. THEY
MUST. PAY ABOUT A 150% OF THE
MINIMUM WAGE THEY CANNOT BE
ENGAGED IN CERTAIN EXCLUDED
INDUSTRIES. THE EMPLOYEE MUST BE
A MEMBER OF THE OF HARD A HARD
HIGHER POPULATION WHICH IS
DEFINED. IN VARIOUS WAYS
INCLUDES THINGS LIKE EX FELONS-
CAL WORKS RECIPIENTS THE ITC
RECIPIENTS AT CETERA. AND THE
EMPLOYEE MUST PERFORM THE
MAJORITY OF THE WORK IN A
DESIGNATED CENSUS TRACT OR
FORMER ENTERPRISE ZONE. AND THE
EMPLOYER- THE EMPLOYEE MUST
REPRESENT A NET INCREASE IN JOBS
FOR THE EMPLOYER. SO- ALONG WITH
OTHER PROPOSALS INCLUDING THE
EXTENSION OF THE CALIFORNIA
COMPETES GRANT PROGRAM- THE
PROPOSED I SHOULD SAY AND-
EXISTING PROGRAMS SUCH AS THE
SALES AND USE TAX MANUFACTURERS
EXEMPTION. AND RESEARCH AND
DEVELOPMENT TAX CREDIT. THIS
PROPOSAL IS PART OF THE STATE'S
OVERALL AT CHIPS. CHIPS ACT
STRATEGY WHICH AIMS TO
INCENTIVIZE SEMICONDUCTOR
COMPANIES. TO INVEST IN
CALIFORNIA BASED OPERATIONS AND
LIBERATE LEVERAGE FEDERAL
DOLLARS THAT WILL BE PROVIDED
UNDER THE NEW- UNDER THE NEW
FEDERAL CHIPS ACT. SO THIS
PROPOSAL SUPPORTS ALSO SUPPORTS
GIVEN ITS FOCUS ON HARD HIGHER
POPULATIONS IT DOES. SUPPORT THE
STATE'S EQUITY GOALS AND-
DEPARTMENT OF COMMERCE'S. A
GUIDING PRINCIPLE OF GENERATING
BENEFITS FOR A BROAD RANGE OF
COMMUNITIES AND ENCOURAGING
LINKAGES TO UNDERSERVED
POPULATION. THE FISCAL IMPACT IS
ESTIMATED AT ONE POINT ONE
MILLION ANNUALLY FROM. TWENTY
THREE TWENTY FOUR TO TWENTY FIVE
TWENTY SIX AND HAPPY TO TAKE ANY
QUESTIONS. THANK YOU ANY
COMMENTS FROM L. L. A BRAND NEW
FROM THE L. A. O. JUST FALLING
ON MISTER WHITE'S COMMENTS ABOUT
THE COMMERCE DEPARTMENT'S-
GUIDANCE ON HAVING ASPECT OF OUR
GREAT PROPOSALS THAT WOULD FOCUS
ON UNDERREPRESENTED POPULATIONS-
WE THINK THAT ARE TAKING THIS
ACTION COULD BE A RELATIVELY
COST EFFECTIVE WAY FOR THE
STATE. TO ALLOW CALIFORNIA A
GRANT APPLICANTS TO DEMONSTRATE-
THAT THE STATE IS PROVIDING
FUNDING TOWARD THAT GOAL. I
THANK YOU- TO THE SUBCOMMITTEE
ON THE QUESTIONS OR COMMENTS
CENTER NILA- ONE QUESTION- DO WE
HAVE DATA ON THE NUMBER OF- CHIP
MANUFACTURING. SO THESE IN THE
STATE OF CALIFORNIA AND HOW MANY
OF THOSE HAVE BEEN- THE
DEVELOPED IN THE LAST SAY TWO
DECADES. I CERTAINLY DON'T HAVE
THAT DATA I ON HAND I CAN TAKE
THAT BACK TO MY OUR ECONOMICS
TEAM AND- AND SEE WHAT WE CAN.
PROVIDE FOR YOU ON THAT. THE
REASON I ASK THE QUESTION IS
BECAUSE I THINK IT WAS ANDY
GROVE WHO- FAMOUSLY SAID-
PROBABLY TWENTY OR THIRTY YEARS
AGO INTEL WILL NEVER BUILD
ANOTHER CHIP PLANT IN
CALIFORNIA. AND I THINK AT LEAST
THEY'VE BEEN GOOD TO THEIR WORD
ON THAT AND I DON'T KNOW ABOUT
OTHERS BUT- MY SUGGESTION IS
PERHAPS WE OUGHT TO LOOK AT
OTHER REASONS- TO INCENTIVIZE
CHIP MANUFACTURING- IN THE STATE
OF CALIFORNIA. THANK YOU FOR
THOSE COMMENTS I AM YOU KNOW I
WILL POINT OUT THAT THIS
PARTICULAR- THIS PARTICULAR
INCENTIVE IS PART OF A WIDER AT
A WIDER CHIPS ACT STRATEGY THAT
THE STATE'S PUTTING FORWARD TO
LEVERAGE OUR OUR- AND- NEW AND
EXISTING PROGRAMS TO THAT TO
THAT END. THE SENATE A CENTER
CABALLERO. THANK YOU MISTER
CHAIR I WELL I KNOW THIS IS-
THIS IS STRUCTURED AFTER THE
FEDERAL PROGRAM THAT IS
ENCOURAGING CHIP PRODUCTION IN
THE UNITED STATES SO- I THINK
IT'S A- I MEAN YOUR POINT IS
WELL TAKEN. HI SENATOR- AND I
WONDER WHETHER THERE ARE OTHER
PARTS. OF THE MANUFACTURING
WORLD THAT WE MIGHT CONSIDER TO
ADD ON TO THIS AND IN
PARTICULAR- LIKE TO FIGHT
AVIATION AS WE MOVE INTO. NEW
TECHNOLOGY THERE'S A LOT OF.
ENERGY INTEREST AND RESOURCES
GOING INTO THIS SECTOR AND- TO
BE ABLE TO AND THE REASON I SAY
THIS IS BECAUSE I AM FAMILIAR
WITH THEM ONE OF THE COMPANIES.
THAT IS- THAT HAS HIRED.
FARMWORKER WOMEN TO BE PART OF
THEIR TRAINING PROGRAM TO LEARN
THAT BECAUSE RIGHT NOW IT'S IN
ITS INFANCY AND THEY'RE- DOING
THEIR PRODUCTION BY HAND. AND
THEY FOUND THAT THE WOMEN HAVE
VERY. AGILE FINGERS AND- ARE
VERY GOOD AT THE DETAILED WORK
THAT'S INVOLVED IN IN THE
MANUFACTURING IT SO I IT JUST IT
IT OCCURS TO ME THAT WE MIGHT
WANNA. LOOK AT ENABLING THE
FLEXIBILITY OF EMPLOYERS TO HIRE
A DIVERSE WORK FORCE. THANK YOU
SENATOR AFTER FURTHER DISCUSSION
OR COMMENTS WE WILL- THAT I
DON'T BE HELD OPEN WILL MOVE TO
ISSUE NUMBER FIFTEEN TAX
EXPENDITURE REPORT. FIVE THANK
YOU SO THIS WILL BE THE LAST
ISSUE I'M PRESENTING ON TODAY
THE TAX EXPENDITURE REPORT AND-
THE DEPARTMENT FINANCE HAS BEEN
REQUIRED TO PRODUCE A TAX
EXPENDITURE REPORT TO THE
LEGISLATURE. SINCE NINETEEN
SEVENTY TWO INITIALLY ON A
BIENNIAL BASIS AND THEN-
BEGINNING IN NINETEEN EIGHTY
FOUR THE FREQUENCY OF THE REPORT
WAS STATUTORILY CHANGE FROM ONCE
EVERY TWO YEARS TO ONCE EVERY
YEAR. THE REPORT PROVIDES A
COMPREHENSIVE LIST AND BRIEF
DESCRIPTION OF TAX EXPENDITURES
EXCEEDING FIVE MILLION AN ANNUAL
COST FISCAL ESTIMATES OF THE TAX
EXPENDITURES AND VARIOUS OTHER
DATA SUCH AS STATUTORY AUTHORITY
SUNSET DATE. NUMBER OF TAXPAYERS
AFFECTED AND COMPATIBLE FEDERAL
BENEFIT BY THE DEADLINE FOR THE
REPORT CURRENTLY A SEPTEMBER
FIFTEENTH EACH YEAR- SO THE
PROPOSAL WE'RE OUT WE'RE ASKING
THAT AFTER CHANGES TO CHANGE THE
DEADLINE FROM SEPTEMBER
FIFTEENTH TO NOVEMBER ONE. AND
REQUIRING THE REPORTING ONLY
ONCE EVERY TWO YEARS AND
ANNUALLY. THE ANNUALLY SO THE
SHIFTING OF THE DEADLINE- TO
NOVEMBER FIFTEENTH IS JUST
BETTER ACCOMMODATE THE TIMING OF
OTHER BUDGET RELATED-
CONFLICTING BUDGET RELATED AND
LEGISLATIVE BILL ANALYSIS
WORKLOAD. WHICH IS RELATIVELY
HEAVY AROUND THAT SEPTEMBER
FIFTEENTH TIME AND THEN THE MOVE
TO BI ANNUAL REPORTING IS TO
LEAGUE LEVY EIGHT WORKLOAD MORE
GENERALLY- GENERALLY CHANGES TO
REVENUE ESTIMATES AND- THE
MAJORITY OF THE CONTENT IN THE
REPORT FROM YEAR TO YEAR OFTEN.
DO NOT CHANGED SIGNIFICANTLY
WHICH COULD ARGUE FOR LESS
FREQUENT- UPDATED REPORTS AND-
I'LL JUST NOTE ALSO THAT THERE
IS OVERLAP WITH. OTHER AGENCIES
THAT DO TAX EXPENDITURE REPORTS
THAT NOTABLY THE FRANCHISE TAX
BOARD. AS PART OF THEIR BEST
PRACTICES. THE ANNUALLY
PUBLISHES A TAX EXPENDITURE
REPORT COVERING PERSONAL INCOME
AND CORPORATE INCOME TAX
MANAGERS. AND THE CALIFORNIA TAX
AND FEE ADMINISTRATION ISSUES
PUBLICATION SIXTY ONE. WHICH
COVERS SALES. AND USE TAX
EXPENDITURES. THANK YOU AND
HAPPY TO ANSWERING ON THAT GREAT
. L. A. OUT HAVING TO COME. OKAY
ALL RIGHT TO. SUB QUESTIONS ARE
COMMON CENTER NILA. YES BOB I
THANK YOU AS CHAIR JUST BUT
COMMENT THAT- I TRUSTED THE L.
A. O. WOULD NOT ALTER ITS
PRACTICE OF- ANNUALLY OFFERING
US THEIR GOOD ADVICE ON. A
PROJECTION OF TAX REVENUES
IRRESPECTIVE OF THE- SCHEDULE
THAT- DEPARTMENT FINANCE ADOPTS
. THAT'S QUESTION YES CENTER
THAT'S CORRECT THE THIS CHANGE
WOULD NOT AFFECT- ANYWAY ARE-
REPORTING ON ON REVENUES ARE OR
ARE FORECAST PRACTICES. GOOD
THANK YOU. IT'S A GOOD QUESTION.
THANK YOU CENTER. ALL RIGHT THIS
ITEM WILL BE HELD OPEN ISSUE
ITEM SIXTEEN SEVENTEEN-
INFORMATION ONLY ITEMS- ISSUE
ITEM SIXTEEN IS- BETTER FOR
FAMILIES ACT. UPDATE. HELLO
AGAIN I'M AS NEEDED I'M GINNY
HEARING WITH THE FRANCHISE TAX
BOARD AND THANK YOU FOR THE
OPPORTUNITY TO PROVIDE YOU
INFORMATION ON THE BETTER FOR
FAMILIES THAT PROGRAM. WHICH IS
MOST COMMONLY REFERRED TO AS A
MIDDLE CLASS TAX REFUND PROGRAM
. SO LET'S START WITH PROGRAM
STATUS AND THEN I'LL BRIEFLY
CHAT ABOUT SOME OF THE ISSUES
WE'VE HAD AS WE MADE OUR WAY
TOWARDS THE CONCLUSION OF THE
SUCCESSFUL PROGRAM. LAST WEEK OF
TO BE ANNOUNCED THAT WE HAVE NOW
COMPLETED THE ISSUANCE OF FIRST
TIME PAYMENTS TO CALIFORNIANS
TOTALING SIXTEEN POINT EIGHT
MILLION REFUND PAYMENTS
REPRESENTED ALMOST THIRTY TWO
MILLION CALIFORNIANS I'M TOTALLY
NINE POINT TWO BILLION AND
DIRECT RELIEF. WHERE NOW
PREDOMINANTLY IF NOT EXCLUSIVELY
WORKING ON RE ISSUING THEM A
CARDS THAT WERE LOST NEVER
RECEIVED I HAD A MALFUNCTION OR
PRODUCT AND TOOK HER. ADDITIONAL
DEBIT CARD SUCH YOU MAY BE
INTERESTED IN IS THAT OF THE
NINE POINT SIX MILLION DEBIT
CARDS ISSUED 81% TODAY HAVE BEEN
ACTIVATED FOR A TOTAL VALUE OF
FOUR POINT TWO BILLION. OF THOSE
CARDS ACTIVATED 36% OF THOSE
ZERO BALANCE AND DOCTORS HAVE
EXPENDED ONE POINT FIVE BILLION
DOLLARS. WELL WE'VE GOT THE
COMMITMENT FOR THIS PROGRAM TO
DATE IN OUR SYSTEM ALREADY IN
THE SUCCESS WE ALSO RECOGNIZE
THAT NOT ALL HAS GONE AS
EXPECTED AND- ROOM FOR
IMPROVEMENT REMAINS. SO HOW DID
WE GET HERE WHAT WAS THE
EXPECTATIONS OF THE PROGRAM. AS
A REBATE PROGRAM WAS SOLIDIFIED
LAST JUNE DURING BUDGET
NEGOTIATIONS THE MESSAGE FOR FTP
BECAME CLEAR GET THE PAYMENTS
OUT ACCURATELY AND QUICKLY IN A
SECURE WAY AND WITH MINIMAL
FRAUD. WE ARE WELL ON OUR WAY TO
MEETING THESE EXPECTATIONS AND
EVERY PROGRAM IMPLEMENTATION
DECISION MADE FOCUSED ON THESE
GOALS. ALL MY QUESTION REYES
STOOD THE PROGRAM IS WHY DEBIT
CARDS. FOR THE GOLDEN STATE
STIMULUS PROGRAMS THAT HAVE TO
BE ADMINISTERED OF TO BE ISSUED
DIRECT DEPOSITS AND WARRANTS.
HOWEVER FOR THAT PROGRAM IF FOR
THIS PROGRAM IF WE HAD RELIED ON
ISSUING DIRECT DEPOSITS AND
WARRANTS. WE WOULD HAVE WRAPPED
UP THE PROGRAM IN LATE SEPTEMBER
OF TWENTY THREE. MANY MONTHS
FROM NOW. MANY FELT THIS WAS
UNACCEPTABLE AND WE AGREED. THE
STATE PIVOTED CONSIDERING THE
USE OF DEBIT CARDS WHEN THE
PROGRAM WAS ACTUALLY STILL
FOCUSED ON AS A GAS TAX REBATE.
I'M NGUYEN GMB WAS THE POTENTIAL
AND TO TEACH ADMINISTER THE
PROGRAM. AS EARLY AS JUNE OF
TWENTY TO A LEGISLATION WAS
STILL PENDING DGS BEGIN A
COMPETITIVE PROCUREMENT PROCESS
FOR DEBIT CARDS TO BE USED. IN
THE FINALLY AGREED UPON PROGRAM
. SO LET ME TAKE A MOMENT TO SAY
THAT MONEY NETWORK THE SELECTED
GENDER HAS BEEN A GREAT PARTNER
IN THIS EFFORT. BUT ALSO LET ME
GIVE YOU A LITTLE BIT OF
INFORMATION ABOUT HIM MONEY
NETWORK IS. MONEY NETWORK HAS
MORE THAN TWENTY YEARS OF
SERVICE IN THE FINANCIAL
SERVICES INDUSTRY WITH. ON
AVERAGE THEY DELIVER TWENTY
BILLION IN FUNDS ANGELA ANNUALLY
SKEWS ME I'M SINCE TWO THOUSAND
ONE HOUSE SERVED OVER SIXTY FIVE
MILLION CARD HOLDERS. THEY ALSO
HAD EXPERIENCE WITH THE FEDERAL
STIMULUS PROGRAM WHEN THEY
ISSUED SIXTEEN POINT FOUR
MILLION PREPAID CARDS. TOTALING
TWENTY POINT FOUR TWENTY FOUR
BILLION FOR THAT PROGRAM. LASTER
CARDS CAN BE USED ANYWHERE. AND
EVERYWHERE THAT BEES THE CARDS
ARE ACCEPTED AND CARDHOLDERS CAN
GET CASH FROM ANY BANK OR CREDIT
UNION THAT DISPLAYS THE PIECE OF
LOGO. SOME MAY NOT ACTUALLY
ULTIMATELY AGREE WITH THE
STATE'S DECISIONS TO USE DEBIT
CARDS BUT THE VAST MAJORITY
WOULD ALSO HAVE BEEN UNHAPPY
WITH HAVING TO WAIT ANOTHER SIX
TO TWELVE MONTHS FROM NOW TO GET
THEIR PAYMENTS. PERHAPS A CASE
OF PICK YOUR POISON AS BOTH
CHOICES HAVE NEGATIVE
CONSEQUENCES. SO LET'S TAKE A
MINUTE TO DISCUSS PROGRAM
RESOURCES A POTENTIAL FRAUD IN
THE PROGRAM. CUSTOMER SERVICE IS
COURSE HAS BEEN AN ISSUE SO LET
ME SET THE STAGE I REMIND YOU
THAT WE JUST ISSUED IN THE LAST
OVER ELEVEN WEEK PERIOD NINE
MILLION DEBIT CARDS. CUSTOMER
SERVICE IS AN IMPERFECT ACTIVITY
WHEREVER YOU GO BUT ULTIMATELY
IT IS THE MOST PRICELESS
FUNCTION. WHEN YOU CONSIDER THE
VOLUME OF CARDS THAT WE ISSUED
IN THOSE ELEVEN WEEK PERIODS I'M
NOT ALMOST THREE MILLION CARDS
WERE LIKELY IN FLIGHT AT ANY
GIVEN TIME BETWEEN BEING MAILED
BEEN ACTIVATED OR BEING USED.
UNDER TAXPAYERS NEEDED TO ASK A
QUESTION OR REPORTED ISSUE IT
DOES HELP UNDERSTAND A LITTLE
BIT THE CUSTOMER SERVICE ISSUES
WILL ARISE AND STOPPING FOR THIS
LOAD IS CHALLENGING. IN MID
JANUARY LET ME GIVE YOU A LITTLE
BIT OF AN IDEA THE SERVICE
CHANNELS WERE EXPERIENCING
ALMOST THREE HUNDRED AND THIRTY
THOUSAND CALLS A DAY. ON THE TO
DEDICATED PHONE LINES WHETHER
THEY NEEDED TO ACTIVATE THEIR
CARD OR ASK A QUESTION. SO MANY
CALIFORNIANS TRYING TO CALL IN
AND STRUGGLING TO REACH AN
AGENT. OF TO BE ENGAGED IN THE
FOLLOWING EFFORTS. ONE WE BEGAN
A PUBLIC SERVICE CAMPAIGN TO
ENCOURAGE THE USE OF THE
INTERACTIVE VOICE RESPONSE
SYSTEM. THEN I'M TO DATE 8296%
OF CALLS ARE BEING ANSWERED ON
THAT I BE OUR SYSTEM. THANK
URGING TAXPAYERS TO USE THE
MOBILE APP TO MANAGE THEIR CARD
WHICH IS ALSO BEEN VERY HELPFUL
. IN LATE DECEMBER WITH F. T.
V.'S ASSISTANCE UP TO BE
IMPLEMENTED THE FOLLOWING WE
ADDED ADDITIONAL AGENTS. WE
EXPANDED THE QUEUE SIZE TO MORE
INDIVIDUALS COULD GET ON HOLD
AND WAIT FOR AN AGENT AS OPPOSED
TO JUST BEING DISCONNECTED. I'M
WE REDIRECTED STOCK TO LARGELY
SUPPORT THE PRIMARY LINE AS A
HIGHER PRIORITY. FINALLY BY MID
JAN WE ALSO RECOGNIZE THAT WE
NEEDED TO LOOK AT EXTENDING THE
HOURS ON THE PRIMARY LINE. WHICH
WE SUCCESSFULLY ACCOMPLISHED
WITH MONEY NETWORK SUPPORT.
ALLOWING FOR SERVICE ALL THE WAY
THROUGH TEN PM ON WEEKDAY NIGHTS
. SO HOW DID THESE CHANGES JAIL
IMPROVEMENTS HAVE BEEN NOTED AS
WAIT TIMES HAVE DECREASED AND
MORE CALIFORNIANS ARE ABLE TO
ACCESS THE CALL QUEUES. CALLS
TODAY I'M HAPPY TO REPORT ARE
DOWN FROM THE THREE HUNDRED
THIRTY THOUSAND PREVIOUS HIGH TO
ABOUT LESS THAN ONE HUNDRED AND
EIGHTY FIVE THOUSAND A DAY
TODAY. I'M DRAMATICALLY I COULD
JUST GIVE ME THE **** THE CALLS
HAVE DECREASED DRAMATICALLY AS
WELL. THAT DOESN'T MEAN THAT WE
STILL DON'T HAVE ROOM FOR
IMPROVEMENT AND MONEY NOT
WORKING AFTER SHE CARE
CONSTANTLY AND CONTINUALLY
WATCHING US IN REACTING TO
ADDRESS GAPS. SO FRAUD. SO FAR
IS ANOTHER KEY CONCERN REPORTED
ON EXTENSIVELY IN THE MEDIA.
AFTER THE IN MONEY NETWORK A
DILIGENTLY WATCHING TRIED
STOCKTON CONDUCTING
INVESTIGATIONS AND CHILDREN'S.
FIRST LET ME JUST SAY THAT NO
AMOUNT OF FRAUD IS ACCEPTABLE.
BUT A PROGRAM OF THIS SIZE
REGARDLESS OF THE SECURITY
MEASURES PUT IN PLACE WAS GOING
TO ATTRACT FRAUDULENT
INTENTIONS. TODAY WE CONTINUE TO
NOTE THAT FRAUD WITHIN THIS
PROGRAM IS SIGNIFICANTLY LESS
THAN THE 1% PROGRAM. METRIC THAT
IS PROJECTED IN THE CONTRACT
WHICH IS BASED ON THE INDUSTRY
OBSERVATIONS OF FRAUD RATES
ACROSS LIKE PROGRAMS. AN
IMPORTANT ASPECT OF THE
PRODUCTION OCCURRING IS THAT
THERE SEEMS TO BE AWARENESS
PERCEPTION THAT TAXPAYERS THAT
HAVE BEEN SUBJECTED TO FRAGILE
ACTIONS. ARE GOING TO BEAR THE
FINANCIAL BURDEN OF THAT EVENT.
LET ME CLEARLY STATE THAT IS NOT
THE CASE. EACH CASE WILL BE
INVESTIGATED IN EVERY TAXPAYER
WILL BE ALLOWED THE BENEFIT OF
RECEIVING THEIR FULL MIDDLE
CLASS TAX REFUND PAYMENT. IN
SITUATIONS WHERE TAXPAYERS
REPORT POTENTIAL FRAUD IN MOST
CASES THEY WORK WITH MONEY
NETWORK TO DOCUMENT THE FRAUD.
AND ONCE THE CASE IS RESOLVED
GENERALLY WITHIN FORTY FIVE TO
NINETY DAYS FUNDS ARE REPLACED
TO ENSURE THE TAXPAYER IS WHOLE
. BEFORE OPENING FOR QUESTIONS I
HAVE TWO OTHER QUICK WHAT'S NEXT
ITEMS TO SHARE WITH YOU. FIRST
WHILE THE IRIS DID NOT INDICATE
THIS PAYMENT WAS NOT TAXABLE
THEY DID NOT THEY WOULD NOT
CHALLENGE THE FAILURE TO REPORT.
THE MIDDLE CLASS TAX REFUND
PAYMENT AS INCOME ON A FEDERAL
RETURN. WE ALSO ASKED THE IRS TO
PROVIDE GUIDANCE FOR FILERS THAT
ALREADY FILED AND REPORTED THE
INCOME ON THEIR RETURNS AND WE
ARE AWAITING FINAL GUIDANCE FROM
THE IRS SO HOPEFULLY SOON.
SECOND LARGE THE RATE WILL BE
ENGAGING THEN THE NEXT STEP OF
THE PROGRAM WHICH IS ISSUING
REMINDER LETTERS TO INDIVIDUALS
THAT HAVE RECEIVED A CARD. AND
HAVE AN ACTIVATED YET OR TO CARD
HOLDERS THAT HAVE STOPPED USING
THEIR CARD ONCE THEY'VE
ACTIVATED IN ACTIVELY IS DEAD.
AT THIS POINT THAT NUMBER
APPROACHES ABOUT TWO MILLION
INDIVIDUALS. AND WE LOOK FORWARD
TO CONTINUING TO SEE
CALIFORNIANS ACTIVATING AND
USING THESE FUNDS. THANK YOU FOR
YOUR TIME TODAY AND I'M HAPPY TO
ANSWER ANY QUESTIONS YOU MIGHT
HAVE. THANK YOU VERY MUCH FOR
THE REPORT OTHER QUESTIONS OR
COMMENTS FROM MEMBERS OF THE
SUBCOMMITTEE. BASING ON THIS
INFORMATION ONLY ITEM OF UNDER
ISSUE SEVENTEEN THE EARNED
INCOME TAX CREDIT.
IMPLEMENTATION UPDATE. THANK YOU
I'M I'M HAPPY TO REPORT I WAS
THE REGIONAL SPEAKER ON THIS BUT
I'M HAPPY TO REPORT THAT SHE IS
IN NAPLES WAS ABLE TO. RESOLVE
THE CONFLICT AND I'M GOING TO
TURN THIS OVER TO HER CAPABLE
HANDS JUST ISN'T. GOOD MORNING
EVERYONE SUSAN BANKROLLS
FRANCHISE TAX BOARD. I WOULD
LIKE. TO SHARE A LITTLE BIT WITH
YOU ABOUT- CALLIE ANTI SEEING
WHAT'S BEEN HAPPENING- THE
FEDERAL EITC PROGRAM BEGAN IN
NINETEEN SEVENTY FIVE AS AN ANTI
POVERTY PROGRAM FOR BOTH ADULTS
AND CHILDREN. TO LIFT PEOPLE OUT
OF POVERTY AND TO ENCOURAGE
LABOR MARKET. PARTICIPATION BY
PROVIDING ADDITIONAL BENEFITS
FROM A POINT. BEGINNING THE
TWENTY SEVENTEEN TAX YEAR.
DOCTOR ITS OWN EARNED INCOME TAX
. AND OVER THE YEARS HAS
EXPANDED IT TO INCLUDE THOSE
WITH SELF EMPLOYMENT INCOME.
CHILDLESS ADULTS UNDER TWENTY
FIVE AND OVER SIXTY FOUR AND
TAXPAYERS WITH ITUNES. AS A
RESULT THE ITC CLAIMS INCREASED
ALMOST TENFOLD FROM HIS FIRST
YEAR OF JUST OVER THREE HUNDRED
AND EIGHTY FIVE THOUSAND. TO
MORE THAN THREE POINT SIX
MILLION IN TAX YEAR TWENTY
TWENTY ONE. IN TWENTY TWENTY TWO
SB CEMENTED A STUDY TOOK A
LEGISLATURE ON YET YOU SEE TAKE
OUT AND FIND BETTER BARRIERS TO
TRY AND UNDERSTAND. HOW
CALIFORNIA COULD INCREASE
TAXPAYERS BENEFITING FROM THIS
IMPORTANT FINANCIAL RESOURCE.
TODAY I'D LIKE TO GIVE YOU THANK
GOODNESS COMMITTEE EIGHT BRIEF
UPDATE ON THE PROGRESS WE'VE
MADE AS A RESULT OF THE STUDY
AND SOME RESULTS WE ARE SEEING
AS WE GET. UNDER WAY WITH THE
TWENTY TWENTY THREE SEASON. ONE
OF THE IN STUDY MANDATED BY
SEVERAL COURTS NINE WAS A SIMPLE
TYPE PORTAL. ENJOYS TAX COURT
VALUE IT'S CURRENT ON TAX
FILING. KNOWN AS CALCLOUD. FOR
ENHANCING THAT COULD SIMPLIFY IT
WORST FILING. WITH LAST YEAR'S
LEGISLATIVE. ALLOWING TAXPAYERS
ZERO INCOME TO CLAIM THE YOUNG
CHILD TAX CREDIT. WE
INCORPORATED MODIFICATIONS TO
ALLOW CERTAIN INDIVIDUALS WITH
ZERO INCOME RETURNS TO CLAIM
ASYLUM CREDIT FOR FREE DIRECTLY
WITH THAT TV USING HOW. ANOTHER
CONCEPT IN OUR STUDY FOCUSED ON
EXPANDING EDUCATION OUTREACH TO
POTENTIALLY ELIGIBLE HOW THE ITC
TAXPAYER TAXPAYERS. WE
APPRECIATE YOUR SUPPORT RBC P.
LAST YEAR THAT WILL ALLOW FTP TO
BEGIN OUR REACH THIS SUMMER. AND
WHILE THE SHIFT IN FILING
DEADLINES FOR THE SEASON HAS
PRESENTED SOME CHALLENGES FOR
TIMING OF THE LETTERS WE ARE
STILL ON TRACK TO REACH OUT TO
FILERS AND NON FILERS. WHO
APPEAR ELIGIBLE. BUT FAILED TO
CLAIM THE CREDIT. IN A DAY. F.
APARTMENT SO SERVICES AND
DEPARTMENT OF HEALTH CARE
SERVICES CONTINUE TO ENGAGE IN
DATA SHARING. HER AND HOW AND TO
WHAT EXTENT WE CAN IDENTIFY
THOSE ELIGIBLE FOR EITC THAT MAY
HAVE MISSED THE CREDIT. AND
PROMOTE OUT OF REACH FOR OUR
RESPECTIVE AGENCIES. LANGUAGE TO
EXTEND THAT DATA SHARING AND A
PROPOSAL TO REQUIRE EMPLOYERS
AND PUBLIC ASSISTANCE PROGRAMS
TO NOTIFY EMPLOYEES AND
PARTICIPANTS TWICE A YEAR OF THE
FEDERAL ANTI STATE POVERTY
CREDITS. AND BOTH MINE AND POWER
PLANT IS CURRENTLY INCLUDING THE
TRAILER BILL LANGUAGE FOR THE
SESSION AND WE APPRECIATE THE
CONSIDERATION OF THIS PROPOSAL.
FINALLY FTV HAS PARTNERED WITH
THE OFFICE OF DATA AND
INFORMATION. TO INCLUDE COUNTY
ITC IN THE STATEWIDE BENEFIT
RECOMMEND I RECOMMEND HER
HIGHLY. WHICH PROVIDES A LINK TO
OBTAIN MORE INFORMATION ON HOW
YOU WANT TO SEE BENEFITS AT THE
CONCLUSION OF AN INDIVIDUAL
SUBMITTING AN APPLICATION FOR
OTHER PUBLIC ASSISTANCE
BENEFITS. SUCH AS TOP RUSSIAN
AND EMPLOYMENT INSURANCE. NOW
TURNING THE CAR VIOLENCE. WE ARE
JUST BEGINNING SEE RETURNS
COMMAND AND I AM PLEASED REPORT
FOR CAL IDC THE YOUNG CHILD TAX
CREDIT AND THE FOSTER YOUTH TAX
CREDIT COMBINED WE'VE SEEN
NEARLY NINE HUNDRED THOUSAND
RETURNS. THAT HAVE ALREADY BEEN
ACCEPTED OF WHICH NEARLY FOUR
HUNDRED WORDS ZERO INCOME YOUNG
CHILD TAX CREDIT EILERS. AND
FIFTEEN HUNDRED WORK FOSTER YET
TAX CREDIT FILERS. TYPICALLY WE
EXPECT UPWARDS OF 90% F. CAL THE
IDC FIGHTERS TO FILE BY APRIL
FIFTEENTH IN ORDER TO CLAIM
THEIR REFUNDS. BUT IT IS TOO
EARLY TO TELL TO WHAT EXTENT
THIS TREND WILL CONTINUE WITH
THE DUE DATE. DECEMBER OF THIS
YEAR. I WORTH NOTING THIS. THIS
YEAR WE FOUND START SOCCER
VENDORS WHEN AMENDED RETURN BACK
HOW. THE ACT. AND OR- ZERO IN
YOUNG TAX CREDIT INCORRECT. WELL
THESE ARE TWO WERE J. PROCESSING
IT IS JUST ANOTHER REMINDER THAT
THE CALCULATION FOR CALLIE ATC
CREDIT CAN BE COMPLEX. THEREFORE
WE CONTINUE TO WORK WITH OUR OWN
ORGANIZATION AND WITH OUR
CRITICAL EXTERNAL PARTNERS. TO
FIND NEW WAYS TO REMOVE BARRIERS
TO CLAIM THE CALLIE IDC BETTER
GROWTH SAFE AND SECURE WHERE
BOTH TAXPAYERS AND STATE ARE
PROTECTED WHILE ALSO ENSURE
ASSURING SIMPLICITY SIMPLICITY
AS MUCH AS POSSIBLE INCLUDING
THE CREDIT. THANK YOU FOR YOUR
TIME TODAY AND FOR YOUR
CONTINUED SUPPORT AND HAPPY TO
ANSWER ANY QUESTIONS YOU MAY
HAVE. THANK YOU THE REPORT
MABEL'S THE SUBCOMMITTEE
QUESTIONS COMMENTS. CENTENNIAL
YOU. THIS PROGRAM AS WAS POINTED
OUT HAS GROWN OVER THE YEARS-
THROUGH- TWEAKS- IMPROVEMENTS TO
THE PROGRAM FROM A COUPLE
HUNDRED BILLION TO ABOUT A
BILLION ANNUALLY- THE QUESTION I
HAVE- AND THERE WAS. SOME
STATISTICS RELATIVE TO RETURNS
FILED ETCETERA. BUT HAS THERE
BEEN ANY WORK DONE TO TRY TO
ASSESS. HOW IT IS ACTUALLY
AFFECTED THE LIVES OF THE
RECIPIENTS OF THE EARNED INCOME
TAX CREDIT IN TERMS OF.
IMPROVING THE LIFE INCLUDE
PROVING ECONOMIC CIRCUMSTANCES
OF THOSE WHO HAVE RECEIVED THE
FUNDS. THANKS FOR THE QUESTION-
ANNUALLY AT THE TV- CRITICISM
REPORT THE HERDING TAX- UNDER
THIS FORTY REQUIREMENTS. AND A
PORTION OF THAT RECORD IS-
DEDICATED TOWARDS DETERMINING
WHETHER OR NOT- FOLKS ARE LIFTED
OUT OF POVERTY SO YES- EACH YEAR
WOULD YOU DO AND IN DEPTH
ANALYSIS TO UNDERSTAND WHETHER
OR NOT THIS CREDIT IS ACTUALLY
LIFTING FOLKS OUT OF POVERTY.
GIVE ME VERY GOOD TO HIM-
INCLUDE THAT INFORMATION TO THE
LEGISLATURE. I THANK YOU YES I
WOULD AGREE- SO AND I BELIEVE
THE REPORT ALSO- IS SUBMITTED TO
THE LEGISLATURE EACH YEAR
CURRENTLY- BUT I'M HAPPY TO ALSO
PROVIDER OF THAT COPY OF THAT
REPORT FOR YOU- AFTER THIS AFTER
THE HEARING. THANK YOU. YOU'RE
WELCOME. IS CENTER CUT YOUR-
THANK YOU- FOR THAT YEAH WE'RE
KIND OF OLD SCHOOL WE NEED THE
HARD COPIES I THINK WE CAN READ
THEM BUT I JUST WANNA SAY THAT
THIS IS BEEN ONE OF- ONE OF MY
PASSIONS BECAUSE- THE LONG TERM
RESEARCH THE FEDS HAVE BEEN
DOING IT FOR A LONG TIME. SHOWS
THAT- THAT. THIS PARTICULAR TAX
CREDIT. HAS THE. IT'S THE
HIGHEST PROBABILITY OF PEOPLE
PULLING PEOPLE OUT OF POVERTY.
BECAUSE OF THE FEDERAL- TAX
CREDIT IS FAIRLY SIGNIFICANT
OURS IS A PERCENTAGE OF THE
FEDERAL TAX CREDIT BUT TOGETHER
I THINK THEY MAKE A TREMENDOUS
DIFFERENCE SO- I WOULD ALSO LIKE
I'M I'M SURE WE'VE GOT IT IN THE
OFFICE BUT- AS LONG AS YOU'RE
PASSING OUT HARD COPIES I'D LIKE
A COPY AS WELL. CERTAINLY WE'RE
GONNA AND I WANT TO THANK YOU
HAVE TO BE FOR WORKING SO
CLOSELY WITH ME ON THIS ONE. MY
CHALLENGE WAS THAT WE WERE
SPENDING. CLOSE TO FIVE MILLION
DOLLARS A YEAR TRYING TO GET THE
WORD OUT ABOUT THIS TAX CREDIT.
AND I'D RATHER. US FIGURE OUT A
BETTER WAY TO. MAKE IT EASIER
FOR TAXPAYERS TO ACCESS THE
RESOURCES THEN TO KEEP TALKING
ABOUT IT- IT IS PART OF OUR- PR.
ON ONE ACTION RATHER THAN. NOT
PAYING AT YOUR COMPANY. I WILL
SECOND THAT EMOTION AS THEY SAY
SENATOR CAFIERO- AND THE
COMMENTS BOTH MY COLLEAGUE SAID
THAT AN ITEM IS ALSO AN
INFORMATION ITEM THAT BRINGS US
TO PUBLIC COMMENT. SUBCOMMITTEE
VERY MUCH ENCOURAGES AND
APPRECIATES- THE PARTICIPATION
OF MEMBERS OF THE PUBLIC- WE
WILL START WITH FOLKS WHO ARE
PRESENT IF ANY AS A REMINDER OUR
PARTICIPANT NUMBER. IS. EIGHT
SEVEN SEVEN TWO TWO SIX EIGHT
ONE SIX THREE. AND THE ACCESS
CODE IS SEVEN ONE EIGHT SEVEN
SEVEN EIGHT- FOR ALL MEMBERS OF
THE PUBLIC PROVIDED TESTIMONY
PLEASE PROVIDE YOUR NAME FOR THE
RECORD. BECAUSE OF TECHNOLOGICAL
AND TIME CONSTRAINTS- BEING
RESPECTFUL FOLKS TIME LIMIT EACH
SPEAKER'S TIME TO ONE MINUTE OR
LESS IF YOU PLEASE. SO ARE THERE
WITNESSES PRESENT IN THE HEARING
ROOM THAT WANT TO PROVIDE
TESTIMONY TO. SUBCOMMITTEE
PLEASE COME FORWARD AGAIN
STAGENAME. FOR THE RECORD AND
YOUR TIME IS LIMITED TO ONE.
GOOD AFTERNOON OF THANK YOU TOUR
VIDEO MEMBERS TO ME AT THIS WHEN
THAT CAL. AND A PART OF THE
CAMPAIGN FOR CALIFORNIA BARS
RATES COALITION HERE FOR ITEM
THIRTEEN UNDER THE FTV ITEMS ON
THE AGENDA- WE STRONGLY SUPPORT
AND THINK FOR LEGISLATIVE
LEADERS AND BUDGET COMMITTEE
LEADERS FOR THE LEGISLATURE'S
PROPOSALS- IN SB TWO TWO ZERO
AND A. B. THIRTY FIVE TO PROVIDE
STATE TAX RELIEF ON FEDERAL
STUDENT DEBT CANCELLATIONS.
THROUGH FULL CONFORMITY WITH THE
AMERICAN RESCUE PLAN ACT OR
ARPA. EXEMPTING SOON THAT RELIEF
FROM STATE TAXATION WILL ALLOW
CALIFORNIA STUDENT BORROWERS TO
FULLY REALIZE THE BENEFITS OF
STUDENT AT CANCELLATION AND THIS
IS A CRUCIAL STEP IN PROTECTING
OUR MOST VULNERABLE ARE OURS. IS
ESPECIALLY URGENT RIGHT NOW AS
BORROWERS CONTINUE TO STRUGGLE
THROUGH THE PANDEMIC RECOVERY
AND HIGH INFLATION RATES- THIS
FULL CONFORMITY TO ARPA WE
CAPTURE SEVERAL STUDENT OF
FEDERALLY FOR PROGRAMS AND
DISCHARGES UNDER THE BITING
ADMINISTRATION BEYOND JUST THAT
TEN TWENTY K. SEEM THAT
CANCELLATION PLAN. AND THESE
THIS IS CRITICAL BECAUSE OF
THESE RELEASE ARE INCLUDED AS
INCOME IT COULD BE PUT
POTENTIALLY PUSH BORROWERS INTO
HIGHER INCOME TAX BRACKETS.
FURTHER EXACERBATING THEIR
FINANCIAL AND SECURITY I THINK
YOU CHAIR PRETTY OUR FOR YOUR
COMMENTS TODAY SIMILARLY OUR OUR
COALITION LETTER SUBMITTED TO
THE COMMITTEE OUTLINES A COUPLE
PROPOSALS. REQUESTING TO FURTHER
STRENGTHEN THIS- ISSUE AND SO
AGAIN THANK YOU WE STRONGLY
SUPPORT THE LEGISLATORS
PROPOSALS IN SB TWO TWO ZERO AB
THIRTY FIVE. I RESPECTFULLY
REQUEST THAT THIS BE ADOPTED
DROPPED IT IN THE STATE BUDGET
WITH CONSIDERATION OF. THE
RECOMMENDATIONS FROM THE
COALITION THANK YOU. THANK YOU.
OTHER OTHER MEMBERS OF THE
PUBLIC CORE PROVIDE TESTIMONY
PLEASE COME FORWARD. WELCOME
STAGE NAME FOR THE RECORD YOUR
TIME IS LIMITED TO LESSEN TO A
ONE MINUTE OR LESS. HI MY NAME
IS SAM WILKINSON. REPRESENTING
GRAYSON THE CALLIE ATC
COALITION- THANK YOU ALL FOR
HOLDING THIS HEARING- I'M HERE
TO FIRST YEAR OUR GRATITUDE TO
THE SENATE FOR INCLUDING-
EXPANSIONS OF THE CAL E. I. T.
C. AND THE YOUNG CHILD TAX
CREDIT AND YOUR KEY VALUES
BUDGET PLAN. RELEASED YESTERDAY.
I WOULD ALSO LIKE TO ASK THE
SENATE TO SUPPORT A THREE
HUNDRED DOLLAR MINIMUM FOR THE
CALLIE ITC. AND EXPANDING THE
YOUNG CHILD TAX CREDIT TO
INCLUDE ALL COUNTIES HE YEAH T.
C. ELIGIBLE FILERS ON BOTH OF
OUR COALITIONS PRIORITIES. UNDER
AB- ONE ONE TWO EIGHT AND A. B.
ONE FOUR NINE EIGHT. I'M WE KNOW
THAT. THESE REFUNDABLE TAX
CREDITS- PROVIDE DIRECT CASH
ASSISTANCE TO CALIFORNIANS WHO
NEED IT CALIFORNIANS. WHO NEED
IT MOST AND ARE ONE OF THE BEST
TOOLS TO CURB POVERTY- AS THREE
QUARTERS. OF CALLIE ITC ELIGIBLE
FILERS ARE PEOPLE OF COLOR THESE
REFUNDABLE CREDITS ARE POWERFUL
STEP TOWARD A MORE RACIALLY AND
ECONOMICALLY ACTIVE EQUITABLE
CALIFORNIA. ON THANK YOU ALL SO
MUCH FOR YOUR SUPPORT. THANK YOU
OTHER OTHER MEMBERS PRESENT
HEARING ROOM WANT TO PROVIDE
TESTIMONY TO THE SUBCOMMITTEE.
THANK YOU FOR YOUR TESTIMONY
WILL GO TO THE MODERATE
MODERATOR SKEWS ME TO PROP THE
INDIVIDUALS WAY IN THAILAND. IF
YOU WISH TO HEAR FOR PUBLIC
COMMENTS IN THE PRESS ONE. AND
THIS. NINE TEN. BUT. THANK YOU
HI MY NAME IS KIRTI UNIT IN A
BEAT EXECUTIVE DIRECTOR OF THE
DEMOCRATIC WITH CENTER. I'M
CALLING ON BEHALF OF ITEM
THIRTEEN UNDER THE F. T. P.
ITEMS ON THE AGENDA. WE STRONGLY
SUPPORT S. B. TWO TWENTY AND SB
THIRTY FIVE. WHICH PROVIDE STATE
TAX RELIEF ON FEDERAL STUDENT
DEBT CANCELLATION. ARGUE FOR
CONFORMITY WITH THE FEDERAL
AMERICAN RESCUE PLAN ACTOR ART
BUT- I CALIFORNIANS HOLD NEARLY
A HUNDRED FORTY SEVEN BILLION IN
STUDENT THAT THE BETTER THE
BURDEN FOR FAMILIES AND HAMPERED
THE STATE WIDE ECONOMY. ALONG
WITH THE DISPROPORTIONATE IMPACT
LOW INCOME STUDENTS OF COLOR. SB
TWO TWENTY EIGHT EIGHTY THIRTY
FIVE COMPORT THE WALKING
AMERICAN RESCUE PLAN ACTOR ARPA
WHICH EXEMPTS. FROM FEDERAL
TAXATION SEVERAL RECENT FEDERAL
TO NUMBER THE YOUTH AND
DISCHARGE PROGRAM. THE EXEMPTION
FROM STATE TAXATION WOULD ALLOW
CALIFORNIANS TO REALIZE THE FULL
BENEFITS OF DEBT CANCELLATION.
WE ALSO ASK FOR CONSIDERATION
PROPOSAL TO STRENGTHEN THE
LEGISLATION THE TECHNICAL
AMENDMENT TO ADD LANGUAGE TO
REFERENCE ARE BACK AT IT
CURRENTLY IN PRINT. CARD ANY
CHANGES IN THE FUTURE AND
SECONDLY WE ARE CONCERNED IN A
STATEMENT FOR COLLEGE STUDENTS
AND WALDRON HOW LONG YOUR
COLLEGE PROGRAM. THE CAPITAL OF
THE GROUND AS WELL. SO WE URGE
THE LEGISLATURE TO ADOPT AT THE
TWENTY SB THIRTY FIVE INTO THE
STATE BUDGET ALONG WITH
CONSIDERATION OF THESE
RECOMMENDATIONS. THANK. YOU
THANK YOU NEXT CAR. FIND FIFTH.
HELLO MORNING MY NAME IS MADDIE
REBEL AND WITH THE CHILDREN'S
PARTNERSHIP AND I WANTED TO
BRIEFLY COMMENT. AGENDA ITEM.
FIRST ON ITEMS SEVENTEEN AND
WANTED TO ECHO MY COLLEAGUES WHO
SPOKE PREVIOUSLY TO SAY THANK
YOU TO THE SENATE CONCLUSION AT
THE COWARDLY I. T. T. L. A. N.
CHILD TAX CREDIT YOU GUYS BUDGET
PLAN. INTERJ THE SENATE TO
SUPPORT A THREE HUNDRED DOLLAR
MINIMUM FOR ALL WHO CLEAN TO
CARRY A HE HE- ENTERTAINED
HIMSELF TAX CREDIT TO INCLUDE
ALL KARAOKE. ELIGIBLE FILERS.
SECOND I WANTED TO ON ITEMS- OF
TO ALSO THANK THE FOR THE ISSUE
OF NINE ACRE. LAKE AND GIVEN THE
BEST IMPACT OF THE MENTAL CRAZY
ON BLACK CHILDREN YOU INCLUDING
YOUR- AND CON WITH LEGAL SYSTEM
. WE ENCOURAGE THE LETTER TO
CONSIDER THE DEEP THE USE OF A
LIFE FROM COURSE AGENCY IF FOR
CLASSROOMS. FOR STUDENTS HEALTH
. THANK YOU BRING. THANK YOU
NEXT CALL. NINE SIX. AHEAD OF.
GOOD MORNING CHEN MEMBERS HANNAH
BRANSTAD WITH THE CAL STATE
UNIFICATION WITH REPRESENTS
NEARLY HALF A MILLION YES YOU
DID AND THROUGHOUT THE STATE
CALLING ABOUT ITEM NUMBER
THIRTEEN UNDER THE FRANCHISE TAX
BOARD ITEMS ON THE AGENDA WE ARE
ALSO IN STRONG SUPPORT AND I
NEED. TO TWENTY AND AB THIRTY
FIVE WHICH WILL PROVIDE MUCH
NEEDED STATE TAX RELIEF ON
FEDERAL STUDENT. DEBT
CANCELLATION THANK YOU. THANK
YOU NEXT CALL. THANK. SEVENTEEN
HELLO MY NAME IS ORLANDO
CABALLERO UNDER- COORDINATOR FOR
THE FIFTY THREE CAMPAIGN AND A
PART OF THE CAMPAIGN FOR
CALIFORNIA BAR RIGHTS COALITION-
THROUGH THE GRIEF REPRESENTS
OVER THREE POINT ONE MILLION
COLLEGE STUDENTS NATIONWIDE
INCLUDING MANY HERE IN
CALIFORNIA. I WOULD STRONGLY
SUPPORT SB TWO TWENTY IN AB
THIRTY FIVE WHICH PROVIDES STATE
TAX RELIEF ON FEDERAL STUDENT
DEBT CANCELLATION GROUP FULL
CONFORMITY WITH THE FEDERAL
AMERICAN RESCUE PLAN ACT. WITH
NEARLY FOUR MILLION SALON BARS
IN CALIFORNIA THE LANGUAGE IN A
SPEECH TO TWENTY OR- SO OFTEN
WHICH RESULTS FROM FEDERAL
TAXATION SEVERAL. RECENT FEDERAL
STUDENT LOAN RELIEF PROGRAMS ON
THE BOTTOM MINISTRATION FOR
THESE REASONS WE SHALL EXPLORE
THE LEGISLATURE'S PROPOSAL SB
TWO TWENTY OF RESPECTFULLY
REQUEST TO BE INDUCTED. INTO THE
STATE BUDGET ALONG WITH
CONSIDERATION OF THE
RECOMMENDATIONS THE COALITION'S
. OF COLLECTION THANK YOU. THANK
YOU NICE COLOR. NINE NINETEEN.
DOCUMENTARIAN MEMBERS MY NAME IS
THOUGHT ABOVE THIS SIZE AND THE
WEST ADVOCACY MANAGER FOR YOUNG
INVINCIBLE. AND A PART OF THE
CAMPAIGN FOR CALIFORNIA FARMERS
RIGHT COALITION I'M CALLING
ABOUT ITEM THIRTEEN UNDER THE
ACT TO THE ITEMS ON THE AGENDA.
WE STRONGLY SUPPORT AT THE TWO
TWENTY EIGHT THIRTY FIVE WHICH
PROVIDES STATE TAX RELIEF ON
FEDERAL THAT CANCELLATION. FOR
CONFORMITY OF THE FEDERAL
MERICAN RESCUE PLAN ACT- AND YOU
KNOW CALIFORNIA'S NEARLY FOUR
MILLION YOU CAN FOLLOW BY WORDS
. AND OVER TO AND ABOUT POINT
FIVE NINE OF THEM WHAT. FROM
THAT RELIEF- WE- NEEDED TO
DIRECT. AT LEAST ON THE COURT
THE LEGISLATURE. AND I'LL BE TO
MAYBE THIRTY FIVE WITH- TO BE
INTO STATE BUDGET ALONG CONSIDER
. OTHER ACTON THAT. REQUEST
THANK YOU. THANK YOU BRAD
ADDITIONAL. ON. AN. EIGHTEEN
GOOD AFTERNOON CHAIRED MEMBERS
MANY RODRIGUEZ ON BEHALF OF THE
IS TO COLLEGE ACCESS AND SUCCESS
CALMLY NOTICE TKS. COMMENTING ON
ITEM THIRTEEN UNDER AFTER HE
BEAT ITEM. THINK IT'S
RECOMMENDED THAT THE LEGISLATURE
ADOPT LANGUAGE WITHIN SB TWO TWO
ZERO AB THIRTY FIVE WHICH BELONG
THE TAX ON BETTER. THAT CAN.
WILL COMPLEMENT OUR- I WHICH ONE
WHAT THEY'VE- CREW COMO RACIAL
AND ECHO I COULD RESPECT BECAUSE
STUDENT LOAN DEBT TO. YOU LOW
INCOME STUDENTS AND BY UNITY'S
ARE PILING ACT AND ON THE FOR
STUDENTS ENROLLED HOW IS YOUR
COLLEGE CORPS PROGRAM- THE- WHAT
INCOME EARNERS MUCH ON WHEN SHE
- BUT YOU'RE MORE CALIFORNIA
BALL FINANCIAL. FORTY MILLION I
THREE TWO TWO ZERO AND THE WORLD
EIGHT THAT WILL PROBABLY CALL BY
DRESSING A BECAUSE KROGER THANK
.
LOOTING THE COUNTY ITC AND LYFT
CTC EXPANSION IN YOUR KEY VALUES
BUDGET PLAN WE ASK FOR YOUR
SUPPORT OF THE EXPANSION AND
ALSO UNDER ITEM THIRTEEN OUR
ORGANIZATION STRONGLY SUPPORTS
SB TWO TWENTY SB THIRTY FIVE
FIVE EIGHT ACTUALLY ON FEDERAL
STUDENT DEBT CANCELLATION. THANK
YOU. THANK YOU NEXT CALLER. I'M
TWENTY TWO PLEASE GO AHEAD.
CALIFORNIA OCTOBER EIGHTH. I
THINK. FOR THE. THANK THE CALLER
SYSTEM I APOLOGIZE FOR ANY OF
THE COULD SUSPEND YOUR TO MIGHT
JUST FOR A MOMENT I GO TO THE MY
AND NINETIES KAMALA LOOKING
PROBLEM HERE AND I KNOW THAT WE
WANT TO BE ABLE TO HEAR THE-
MEMBER THE PUBLIC'S TESTIMONY
CLEARLY. CAN WE GO AHEAD AND TRY
THAT AGAIN CALLER PLEASE. THAT'S
BETTER NOW. I'M NOT QUITE SURE
TRIED AGAIN. WE CAN'T PLEASE
PROCEED. I THINK. THE COUPLE.
WELCOME TO COUNTY ACTUALLY I
THINK TYPICALLY THE KEY. CAN'T.
HELLO IT. BOB RIGHT TO THE TO
THE CALLER WE RESPECT PROTEST IN
WE LIVE IN BY TECH THE DAYS IN
WE DO HAVE A CLEAR CONNECTION TO
TAKE YOUR TESTIMONY OVER THE
PHONE WE WOULD ENCOURAGE YOU TO
PLEASE SUBMIT THE TESTIMONY IN
WRITING TO THE COMMITTEE STAFF
AND WE DO APPRECIATE YOUR
PARTICIPATION THANK YOU. NEXT
CALLER. NINE TWENTY PLEASE GO
AHEAD. GOOD MORNING MANY THE
BIKE AND I'M THE EXECUTIVE
DIRECTOR OF THE STUDENTS ARE
PROTECTION CENTER A PROUD MEMBER
OF THE CAMPAIGN FOR CALIFORNIA
FARMERS RIGHT COALITION WHERE
NON PROFIT ORGANIZATION
DEDICATED TO ELIMINATING THE
BURDEN OF STUDENT LOAN DEBT
ADVANCE EQUALITY THAT RAIN IN
THE PREDATORY PRACTICES THE PATH
TO GET IT RIGHT. I'M CALLING
OFFER REMARKS ABOUT AND THIRTEEN
UNDER THE FPB ITEMS ON THE
AGENDA STRONG SUPPORT FOR SB TWO
TWENTY MAYBE THIRTY FIVE
LEGISLATION THAT WILL ENSURE
FEDERAL STUDENT LOAN DEBT RELIEF
IS. ACCEPTING STATE TAXATION.
OTHER COMMITTEE PROTECT WITH
ACTION ENSURE THAT THE MORE
THREE PER FIVE MILLION BAR
ACROSS CALIFORNIA WHO ELIGIBLE
PRESIDENT BIDEN DEBT RELIEF PLAN
SHIELD IF ACT. THAT CANCELLATION
LAW FIRM CHANGE I CAN RELIEF
MILLIONS BORROWERS ACROSS
CALIFORNIA NATION WITH MY THAN
NINETY OF THE REALLY QUITE
FAMILIES EARNING LESS THAN
SEVENTY THOUSAND DOLLARS PER
YEAR YOU CAN ACTION TO PROTECT
LOW INCOME BORROWERS FROM THE
STATE TAX BILL IS ABSOLUTELY
CRITICAL WE APPLAUD THE
COMMITTEE FOR TAKING URGENT
ACTION HERO WE LOOK FORWARD TO
WORKING WITH YOU TO ENSURE THIS
BILL BECOMES LAW. THANK WITH
THANK YOU TO WE HAVE ONE
REMAINING. THANK YOU NEXT AND
FINAL SPEAKER. THANK YOU
SCHERING COMMITTEE MEMBERS
ELIANA BENDER REPRESENTING
QUIETER SOCIAL SERVICE PROVIDER.
GO IN THE CALLIE ATP COALITION
WE'RE GRATEFUL. FOR PRIORITIZING
EXPANSION OF BY COUNTY AGENCY
AND THE WHITE IF YOU THINK. I
RESPECTFULLY REQUEST THAT YOU
FURTHER SCORE A THREE HUNDRED
DOLLAR MINIMUM FOR ALL THE CLEAN
OUT YET YOU SPEECH AND TOOK DOWN
THE YCT. INCLUDE ALL KILEY HEP
ELIGIBLE FILERS THANK YOU. THANK
YOU AND THE COMMITTEE THE
COMMITTEE THANKS ALL OF MEMBERS
OF THE PUBLIC FOR YOUR
PARTICIPATION AND TESTIMONY. AT
TO ANY MEMBERS OF THE COMMITTEE
HAVE ANY COMMENTS BASED.
FOLLOWING UP PUBLIC COMMENT. ALL
RIGHT WE'LL LET THEM TAKE UP THE
VOTE ONLY CALENDAR EASTER ISSUE
ITEMS ONE THROUGH THREE WERE
GONNA SEGREGATE FIRST. ITEMS OF
ONE AND THREE AND TAKE ISSUE
ITEM TWO SEPARATELY. AS TWO
ITEMS ONE IN THREE- I'LL
ENTERTAIN A MOTION. THE STAFF
RECOMMENDED. ELSA ARE NO SECONDS
IN THE SAN I WAS IN LOVE WITH
THE TO LONG. THE MOTION IS TO
APPROVE THIS REQUESTED PLEASE
CALL THE ROLL. COMMENT
ABSOLUTELY ABSOLUTELY CENTER
THIS IS TO ITEMS ONE THROUGH TO
BE ABLE TO DO A SECOND. JUST OLD
HABITS DIE HARD I. WOULDN'T
OFFER SECOND- NOT BECAUSE I WAS
REMEMBERING THAT- PRACTICE BUT
BECAUSE I'M GOING TO VOTE NO I
JUST WANT TO EXPLAIN THAT- A
GIVEN THE DEFICIT WHICH I
PERSONALLY BELIEVE IS PROBABLY
GOING TO GROW. THOUGH THANKFULLY
I DON'T THINK IT'S GOING TO BE
ANYWHERE NEAR THE- DEBACLE THAT
WE HAD IN TWO THOUSAND AND NINE
WHICH SENATOR CAFIERO WILL.
COURSE REMEMBER ALONG WITH ME
BUT- I WILL BE TAKING A VERY
CAUTIOUS APPROACH BUT GUIDED BY
PRIORITIES- WHICH I THINK IS
IMPORTANT AND- I DO NOT SEE THE
NEED FOR EITHER ONE OR THREE SO
I WILL BE VOTING NO- CONSULTANT
PLEASE CALL THE ROLL. SENATOR
PADILLA I. ABERA HI NEIL YEAH.
THANK YOU THE EYES ARE TO THE
NOSE ARE ONE AND- THAT ITEMS
MOVED OUT R. AS TAKE UP ITEM
NUMBER TWO. A MOVE MOVE THAT ONE
AS WELL A SECOND THAT. THANK YOU
SERVICES WHERE I. TALK TO THE
ISSUE OF PRIORITIES- THAT'LL
HEALTH PARTICULARLY WITH REGARD
TO- PROPOSALS RELATIVE TO
HOMELESSNESS BUT MENTAL HEALTH
GENERALLY- THIS IS A BUDGET
PRIORITY NEEDS TO BE A PRIORITY
AND- I SUPPORT THIS. THANK YOU
CENTERS THE MOTIONS TO APPROVE
AS RECOMMENDED PLEASE CALL THE
ROLL. CENTERS PADILLA HI OF THE
ERA HI. NILA HI. THANK YOU THE
ISER THREE THAN THOSE ARE ZERO
THE ITEM IS OUT. ALL RIGHT THANK
YOU FOR THAT THANKS FOR ALL OUR-
INDIVIDUALS- TO OUR CONSULTANT
OR STAFF FOR YOUR WORK AND FOR
FOLKS PARTICIPATION- YOUR
COMMENTS ARE MOST WELCOME AND
APPRECIATED. EVERYONE'S
PATIENCE- THE SENATE
SUBCOMMITTEE- NUMBER FOUR- WILL
STAND ADJOURNED. YOU HAD A GOOD
MEETING WITH ME. THANK YOU SIR