California Revenue & Taxation Code

Cal. Rev. & Tax. Code § 20544

(a)(1)The amount of assistance for a claimant renting his or her residence shall be based on the claimant’s household income for the time period set forth in Section 20503.

(2)For claims filed with respect to the 2001 calendar year, and each calendar year thereafter, the percentage of assistance for which each claimant renting his or her residence shall be eligible shall be based on the following scale:

		The percentage of the
If the total household	The statutory	statutory property tax
income (as defined in this	property tax	equivalent used to
part) is not more than:	equivalent is:	provide assistance is:

$8,812	$250	139%
9,400	250	136
9,987	250	133
10,575	250	131
11,163	250	128
11,750	250	125
12,337	250	122
12,925	250	119
13,513	250	116
14,101	250	113
14,688	250	110
15,275	250	106
15,863	250	100
16,451	250	94
17,038	250	88
17,626	250	83
18,213	250	77
18,800	250	71
19,389	250	65
19,976	250	59
20,564	250	54
21,151	250	49
21,738	250	45
22,327	250	41
22,914	250	36
23,500	250	32
24,088	250	29
24,675	250	26
25,263	250	23
25,851	250	20
26,438	250	17
27,908	250	15
29,376	250	12
30,846	250	10
32,314	250	9
33,783	250	7
35,251	250	6

(b)With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 2002 calendar year and each year thereafter, the household income figures that apply to assistance provided by the Franchise Tax Board during that period shall be the household income figures that applied to assistance provided by the Franchise Tax Board in the same period in the immediately preceding year, multiplied by an inflation factor calculated as follows:

(1)On or before February 1 of each year, the Department of Industrial Relations shall transmit to the Franchise Tax Board the percentage change in the California Consumer Price Index for all items from June of the second preceding calendar year to June of the immediately preceding calendar year.

(2)The Franchise Tax Board shall add 100 percent to the percentage change figure that is furnished pursuant to paragraph (1) and divide the result by 100.

(3)The Franchise Tax Board shall multiply the immediately preceding household income figure by the inflation adjustment factor determined in paragraph (2), and round off the resulting product to the nearest one dollar ($1).

Last amended: 2001-09-10

Source: official text