California Senate Bill SB378 Introduced / Bill

 BILL NUMBER: SB 378INTRODUCED BILL TEXT INTRODUCED BY Senator Morrell FEBRUARY 24, 2015 An act to amend Section 17201 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGEST SB 378, as introduced, Morrell. Income tax: deductions. The Personal Income Tax Law, in conformity or modified conformity to federal income tax laws, allows specified itemized deductions and does not allow a deduction for other items, except as otherwise provided. This bill would make technical, nonsubstantive changes to those provisions. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 17201 of the Revenue and Taxation Code is amended to read: 17201. (a) Part VI of Subchapter B of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to itemized deductions for individuals and corporations, shall apply, except as  otherwise  provided. (b) Part VII of Subchapter B of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to additional itemized deductions for individuals, shall apply, except as  otherwise  provided. (c) Part IX of Subchapter B of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to items not deductible, shall apply, except as  otherwise  provided.