Sacramento – Board of Equalization (BOE) Member Diane Harkey today voted with a unanimous Board to make the refund process more business friendly. Staff will create a regulation to be approved in the near future to cement this shift in agency policy.
Previously, staff could only issue refunds of $100,000 or less, with higher figures requiring Board approval. Taxpayers also faced uncertainty in the process and delays of up to 90 days before Board approval.
- Eliminates lengthy Board approval process for $100,000+ taxpayer refunds.
- Expedites taxpayer refunds, eliminating the 90 day+ Board approval process.
- Cuts red tape and creates more certainty for taxpayers in the refund process.
- Empowers staff to approve refunds of any amount.
- Reduces agency costs, caseload, and creates more efficiency in the refund process.
“Cutting red tape in Sacramento to expedite taxpayer refunds is a win for taxpayers and another step forward to putting California on the path to prosperity.” Harkey continued “Since January my office has solved many taxpayer problems and today’s vote continues to allow staff the latitude in the refund process for government efficiency and cost control.”
“Taxpayers should never have to experience a delay in getting their own money back. I look forward to seeking out more opportunities to update our state tax code and cut the red tape making it easier for aspiring and existing businesses to thrive,” Board Member Harkey concluded.
About Board Member Harkey
Board Member Diane L. Harkey was elected to the Board of Equalization in November 2014 to represent the Fourth Equalization District, which includes approximately 9.5 million Californians located in Orange, Riverside, San Diego, Imperial, and a portion of San Bernardino Counties. Previously, Ms. Harkey served in the California State Assembly from 2008 to 2014. As a Member of the State Assembly, she served as Vice Chair for the Assembly Committees on Revenue and Taxation and Appropriations. Ms. Harkey graduated Cum Laude with a degree in Economics from the University of California, Irvine.
For more information, visit: www.boe.ca.gov/harkey.