SB-999 • 2026

Franchise Tax Board: reporting requirements.

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Weber Pierson
Last action: 2026-04-16
Official status: In Assembly. Read first time. Held at Desk.
Effective date: Not listed

Plain English Breakdown

The official source does not provide specific details about the content of the report or its implications beyond the deadline change.

Franchise Tax Board Reporting Deadline Change

The bill changes the Franchise Tax Board's deadline for reporting health coverage penalties information from March 1 to June 1 each year.

What This Bill Does

Changes the annual reporting deadline for the Franchise Tax Board from March 1 to June 1.

Who It Names or Affects

The Franchise Tax Board
The California Legislature

Terms To Know

Franchise Tax Board: A state agency that collects income taxes from businesses and individuals in California.
Health coverage penalties: Fines paid by people who do not have health insurance as required by law.

Limits and Unknowns

The bill does not specify what happens if the report is submitted late.
It only changes the reporting deadline and does not affect other parts of how penalties are calculated or enforced.

Bill History

2026-04-16 California Legislative Information
In Assembly. Read first time. Held at Desk.
2026-04-16 California Legislative Information
Read third time. Passed. (Ayes 38. Noes 0.) Ordered to the Assembly.
2026-04-14 California Legislative Information
Read second time. Ordered to consent calendar.
2026-04-13 California Legislative Information
From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.
2026-03-27 California Legislative Information
Set for hearing April 13.
2026-03-25 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 5. Noes 0.) (March 25). Re-referred to Com. on APPR.
2026-03-11 California Legislative Information
Set for hearing March 25.
2026-02-18 California Legislative Information
Referred to Com. on REV. & TAX.
2026-02-10 California Legislative Information
From printer. May be acted upon on or after March 12.
2026-02-09 California Legislative Information
Introduced. Read first time. To Com. on RLS. for assignment. To print.

Official Summary Text

SB 999, as introduced, Weber Pierson.
Franchise Tax Board: reporting requirements.
Existing law requires the Franchise Tax Board, on or before March 1, 2022, and annually on or before March 1 thereafter, to report certain information to the Legislature regarding health coverage penalties paid by households, in addition to related information.
This bill would change the annual reporting deadline to June 1, as provided.

Current Bill Text

Read the full stored bill text

Download Bill PDF