California SB999 mandates annual reporting by the Franchise Tax Board on penalty payments and exemptions for applicable households.

California SB999 requires the Franchise Tax Board to report annually to the Legislature on penalty payments and exemptions for applicable households. The report includes total penalty amounts, number of exemptions, and breakdowns by county and adjusted gross income class. It also details the number of households and dependents affected, categorized by federal poverty level. The report must be submitted by June 1 each year, starting from March 1, 2022.

California SB999 mandates annual reporting by the Franchise Tax Board on penalty payments and exemptions for applicable households.

California SB999 requires the Franchise Tax Board to report annually to the Legislature on penalty payments and exemptions for applicable households. The report includes total penalty amounts, number of exemptions, and breakdowns by county and adjusted gross income class. It also details the number of households and dependents affected, categorized by federal poverty level. The report must be submitted by June 1 each year, starting from March 1, 2022.