Statute · California Unemployment Insurance Code
Cal. Unemp. Ins. Code § 1585.5 — Contingent Fund
Cal. Unemp. Ins. Code § 1585.5
- Type
- Statute
- Source
- California Unemployment Insurance Code
- Jurisdiction
- California
- Date
- 2014-06-20
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(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.
Citator
Cal. Unemp. Ins. Code § 1585.5 — Contingent Fund is in force in the current edition of the Code, and nothing recorded condemns it.
(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.