California Franchise Tax Board
The California Franchise Tax Board collects state personal income tax and corporate income tax of California. It is part of the California Government Operations Agency.
The board is composed of the California State Controller, the director of the California Department of Finance, and the chair of the California Board of Equalization. The chief administrative official is the executive officer of the Franchise Tax Board.
History
In 1879 California adopted its state constitution which among many other programs created the State Board of Equalization and theState Controller, which administered all tax programs.
In 1929, the state legislature created the office of the
Franchise Tax Commissioner to administer California’s
Bank and Corporation Franchise Tax Act.
In 1950, California abolished the office of the Franchise
Tax Commissioner and created the Franchise Tax
Board as it exists today.
The Executive Officer of the Franchise Tax Board is Selvi Stanislaus, the first woman to hold the post. She assumed this position in 2006. The prior FTB Executive Officers were:
John J. Campbell
Martin Huff
Gerald H. Goldberg
Selvi Stanislaus
Members
The three members are the State Controller, Chair of the Board of Equalization, and the Director of the Department of Finance.Year | Members |
1950 | Thomas H. Kuchel, George H. Reilly, James S. Dean |
1951 | Thomas H. Kuchel, J. H. Quinn, James S. Dean |
1952 | Thomas H. Kuchel, J. L. Seawell, James S. Dean |
1953 | Thomas H. Kuchel/Robert C. Kirkwood, Wm. G. Bonelli, James S. Dean |
1954 | Robert C. Kirkwood, George R. Reilly, John M. Peirce |
1955 | Robert C. Kirkwood, J. H. Quinn, John M. Peirce |
1956 | Robert C. Kirkwood, Paul R. Leake, John M. Peirce |
1957 | Robert C. Kirkwood, Robert E. McDavid, John M. Peirce |
1958 | Robert C. Kirkwood, George R. Reilly, John M. Peirce/T.H. Mugford |
1959 | Alan K. Cranston, Paul R. Leake, Bert W. Levitt |
1960 | Alan K. Cranston, John W. Lynch, John E. Carr |
1961 | Alan K. Cranston, John W. Lynch, Hale Champion |
1962 | Alan K. Cranston, George R. Reilly, Hale Champion |
1963 | Alan K. Cranston, John W. Lynch, Hale Champion |
1964 | Alan K. Cranston, Paul R. Leake, Hale Champion |
1965 | Alan K. Cranston, John W. Lynch, Hale Champion |
1966 | Alan K. Cranston, George R. Reilly, Hale Champion |
1967 | Houston I. Flournoy, Paul R. Leake, Gordon P. Smith |
1968 | Houston I. Flournoy, Richard Nevins, Caspar W. Weinberger |
1969 | Houston I. Flournoy, John W. Lynch, Caspar W. Weinberger |
1970 | Houston I. Flournoy, George R. Reilly, Verne Orr |
1971 | Houston I. Flournoy, Richard Nevins, Verne Orr |
1972 | Houston I. Flournoy, John W. Lynch, Verne Orr |
1973 | Houston I. Flournoy, William M. Bennett, Verne Orr |
1974 | Houston I. Flournoy, William M. Bennett, Verne Orr |
1975 | Ken Cory, John W. Lynch, Roy M. Bell |
1976 | Ken Cory, William M. Bennett, Roy M. Bell |
1977 | Ken Cory, William M. Bennett, Roy M. Bell |
1978 | Ken Cory, George R. Reilly, Roy M. Bell |
1979 | Ken Cory, William M. Bennett, Richard T. Silberman |
1980 | Ken Cory, Richard Nevins, Mary Ann Graves |
1981 | Ken Cory, Ernest J. Dronenburg, Jr., Mary Ann Graves |
1982 | Ken Cory, William M. Bennett, Michael Franchetti |
1983 | Ken Cory, William M. Bennett, Michael Franchetti |
1984 | Ken Cory, Richard Nevins, Jesse Huff |
1985 | Ken Cory, Ernest J. Dronenburg, Jr., Jesse Huff |
1986 | Ken Cory, Richard Nevins, Jesse Huff |
1987 | Gray Davis, Conway H. Collis, Jesse Huff |
1988 | Gray Davis, Ernest J. Dronenburg, Jr., Jesse Huff |
1989 | Gray Davis, Paul Carpenter, Jesse Huff |
1990 | Gray Davis, Conway Collis, Jesse Huff |
1991 | Gray Davis, Brad Sherman, Thomas Hayes |
1992 | Gray Davis, Brad Sherman, Thomas Hayes |
1993 | Gray Davis, Brad Sherman, Thomas Hayes |
1994 | Gray Davis, Brad Sherman, Russell Gould |
1995 | Kathleen Connell, Brad Sherman, Russ Gould |
1996 | Kathleen Connell, Johan Klehs, Craig L. Brown |
1997 | Kathleen Connell, Ernie Dronenburg, Craig L. Brown |
1998 | Kathleen Connell, Dean Andal, Craig L. Brown |
1999 | Kathleen Connell, Johann Klehs, B. Timothy Gage |
2000 | Kathleen Connell, Dean Andal, B. Timothy Gage |
2001 | Kathleen Connell, Claude Parrish, B. Timothy Gage |
2002 | Kathleen Connell, John Chiang, B. Timothy Gage |
2003 | Steve Westly, Carol Migden, Steve Peace/Donna Arduin |
2004 | Steve Westly, Carol Migden, Donna Arudin/Tom Campbell |
2005 | Steve Westly, John Chiang, Tom Campbell/Michael C. Genest |
2006 | Steve Westly, John Chiang, Michael C. Genest |
2007 | John Chiang, Betty T. Yee, Michael C. Genest |
2008 | John Chiang, Judy Chu, Michael C. Genest |
2009 | John Chiang, Betty T. Yee, Michael C. Genest/Ana J. Matosantos |
2010 | John Chiang, Betty T. Yee, Ana J. Matosantos/Cynthia Bryant |
2011 | John Chiang, Jerome E. Horton, Ana J. Matosantos |
2012 | John Chiang, Jerome E. Horton, Ana J. Matosantos |
2013 | John Chiang, Jerome E. Horton, Ana J. Matosantos/Michael Cohen |
2014 | John Chiang, Jerome E. Horton, Michael Cohen |
2015 | Betty T. Yee, Jerome E. Horton, Michael Cohen |
2016 | Betty T. Yee, Fiona Ma, Michael Cohen |
2017 | Betty T. Yee, Diane L. Harkey, Michael Cohen |
2018 | Betty T. Yee, George Runner, Keely Bosler |
2019 | Betty T. Yee, Malia M. Cohen, Keely Bosler |
2020 | Betty T. Yee, Antonio Vazquez, Keely Bosler |
Tax programs
Personal income tax
The FTB collects personal state income taxes. The FTB collects income taxes from California residents on their income from all sources. Meanwhile, non-residents are taxed on their California-based income. In recent years, the FTB collects more than $50 billion each year in personal income taxes.Corporate income tax
The FTB levies a franchise tax on businesses for doing business in California. The FTB's name reflects the fact that it was originally created to collect this tax. The agency's name was left unchanged even after the state created a personal income tax and added it to the FTB's responsibilities.The corporate tax is imposed on businesses that do business in California and derive income from within California. Over the past decade, the FTB has collected an average of $9.5 billion per year in corporate income taxes.