Title
Treasurer-Tax Collector recommending the Board approve and authorize the Chair to sign a letter of affirmation supporting AB 279 granting the County authority to enter into a reciprocal agreement with the Franchise Tax Board to exchange tax information.
FUNDING: N/A
Body
DEPARTMENT RECOMMENDATION:
Support of this legislation will enhance information sharing and tax collection capabilities with our state partners to maximize collection of tax dollars from those taxpayers and businesses that owe taxes to either the State or County.
DISCUSSION/BACKGROUND:
Existing law authorizes a city that has entered into a reciprocal agreement, as defined, with the Franchise Tax Board, to exchange tax information, as provided. This law is in effect until January 1, 2019. This bill would expand these provisions to additionally apply to a county.
The Treasurer-Tax Collector is requesting the Board support the adoption of AB 279 and execute a letter of support for presentation to the Committee.
ALTERNTIVES:
None Provided
OTHER DEPARTMENT / AGENCY INVOLVEMENT:
None
CAO RECOMMENDATION:
Recommend Board support the Treasurer/Tax Collector with this request.
FINANCIAL IMPACT:
N/A
CLERK OF THE BOARD FOLLOW UP ACTIONS:
1) Upon approval, Chairman of the Board to execute letter of support
2) The Clerk of the Board, upon approval by the Board, provide the signed original to the Treasurer-Tax Collector for mailing.
STRATEGIC PLAN COMPONENT:
CONTACT
C. L. Raffety, Treasurer-Tax Collector.