Jun 1, 2012
Bill Cutting State Red Tape Passes on Floor
(SACRAMENTO) – Senator Doug LaMalfa’s (R – Richvale) today announced that Senate Bill (SB) 1526, which exempts federally-tax exempt charities with under $50,000 in annual revenue from state tax forms and filing fees, was passed on the Senate floor with unanimous support. Sponsored by the American Legion – Department of California, the bill eliminates filing requirements that are more strenuous than the federal government requires.
“This bill ensures that organizations like the American Legion are able to spend every dollar helping veterans, rather than on filing fees and red tape,” said LaMalfa. “It’s simply common sense that tax-exempt veterans groups shouldn’t need to file complex tax forms.”
The federal government altered its requirements for such groups in 2010, allowing them to file a “postcard” form with the IRS. However, California still requires charity groups to file complicated forms that are simply unnecessary, as well as pay filing fees. LaMalfa’s bill gives qualifying charities the option to file a simple form online and exempts them from filing fees. The proposal will also lower costs to the state, which currently reviews each form by hand.
“These groups stretch every dollar to help our veterans, so it’s a win to save both their money and that of taxpayers,” LaMalfa added.
Senator Doug LaMalfa is a lifelong farmer representing the fourth Senate District including Shasta, Tehama, Butte, Colusa, Glenn, Siskiyou, Sutter, Del Norte, Placer, Trinity, Yuba and Nevada counties.
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