Section 1585.5 - Transfer to Personal Income Tax Fund(a) The director shall estimate the amount of penalties and interest collected by the department pursuant to Division 6 (commencing with Section 13000) relating to the withholding of personal income tax and shall transfer such amount to the Personal Income Tax Fund on a quarterly basis.(b) For the 2014-15 fiscal year, the quarterly transfer to the Personal Income Tax Fund pursuant to subdivision (a) is suspended.Ca. Unemp. Ins. Code § 1585.5
Amended by Stats 2014 ch 28 (SB 854),s 96, eff. 6/20/2014.