Section 61035.
61035. Moneys collected from the Individual Shared Responsibility Penalty shall be deposited into the General Fund. (Added by Stats. 2019, Ch. 38, Sec. 42. (SB 78) Effective June 27, 2019.)
Section 61040.
61040. The provisions of this part are severable. If any provision of this part or its application is held invalid, that invalidity shall not affect other provisions or applications that can be given effect without the invalid provision or application. (Added by Stats. 2019, Ch. 38, Sec. 42. (SB 78) Effective June 27, 2019.)
Section 61045.
61045. The Franchise Tax Board shall annually publish on its internet website all of the following information: (a) The number of applicable households paying the penalty and the average penalty amount by applicable household income level. (b) The number of applicable households paying the penalty in each county and statewide. (c) The total penalty amount collected. (d) The number […]
Section 61050.
61050. (a) On or before March 1, 2022, and annually on or before March 1 thereafter, the Franchise Tax Board shall report to the Legislature on information regarding this part and Title 24 (commencing with Section 100700) and Title 25 (commencing with Section 100800) of the Government Code, including all of the following: (1) The total number […]
Section 61010.
61010. (a) A penalty in the amount determined under Section 61015 shall be imposed on a responsible individual for a failure by the responsible individual, the applicable spouse, or an applicable dependent to enroll in and maintain minimum essential coverage pursuant to Section 100705 of the Government Code for one or more months, except as provided […]
Section 61015.
61015. (a) The amount of the Individual Shared Responsibility Penalty imposed on a responsible individual for a taxable year with respect to the failures described in Section 61010 shall be equal to the lesser of either of the following amounts: (1) The sum of the monthly penalty amounts determined under subdivision (b) for months in the taxable […]
Section 61020.
61020. An Individual Shared Responsibility Penalty shall not be imposed on a responsible individual for a month in which any of the following circumstances apply: (a) If the responsible individual’s required contribution, determined on an annual basis, for coverage for the month exceeds 8.3 percent of that responsible individual’s applicable household income for the taxable year. […]
Section 61023.
61023. An Individual Shared Responsibility Penalty shall not be imposed with respect to an applicable household member for a month if the last day of the month occurred during a period in which the applicable household member did not maintain minimum essential coverage for a continuous period of three months or less. (a) The length of […]
Section 61025.
61025. (a) The Franchise Tax Board’s civil authority and procedures for purposes of compliance with notice and other due process requirements imposed by law to collect income taxes shall be applicable to the collection of the Individual Shared Responsibility Penalty. (b) The Individual Shared Responsibility Penalty shall be paid upon notice and demand by the Franchise Tax […]
Section 61030.
61030. (a) The Franchise Tax Board may, in consultation with the Exchange, adopt regulations that are necessary and appropriate to implement this part. (b) It is the intent of the Legislature that, in construing this part, the regulations promulgated by under Section 5000A of the Internal Revenue Code as of December 15, 2017, notwithstanding the specified date […]