Rev. & Tax. Code, § 19533 · Article 1. Powers and Duties of Franchise Tax Board
Rev. & Tax. Code, § 19533
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) In the event the debtor has more than one debt being collected by the Franchise Tax Board and the amount collected by the Franchise Tax Board is insufficient to satisfy the total amount owing, the amount collected shall be applied in the following priority:
(1) Payment of any taxes, additions to tax, penalties, interest, fees, or other amounts due and payable under Part 7.5 (commencing with Section 13201), Part 10 (commencing with Section 17001), Part 11 (commencing with Section 23001), Part 32 (commencing with Section 61000), or this part, amounts authorized to be collected under Section 19722 of this code, or payment of advanced premium subsides in excess of the amount allowed under Title 25 (commencing with Section 100800) of the Government Code.
(2) Payment of delinquencies collected under Section 10878.
(3) Payment of any amounts due that are referred for collection under Article 5.5 (commencing with Section 19280) of Chapter 5.
(4) Payment of any delinquencies referred for collection under Article 7 (commencing with Section 19291) of Chapter 5.
(5) Payment of any taxes imposed under Part 10.8 (commencing with Section 22000).
(b) Notwithstanding the payment priority established by this section, voluntary payments designated by the taxpayer as payment for a personal income tax liability or as a payment on amounts authorized to be collected under Section 19722, shall not be applied pursuant to this priority, but shall instead be applied as designated.
Notes and commentary — not statutory text
History
Amended by Stats. 2026, Ch. 23, Sec. 28. (SB 122) Effective June 29, 2026.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=19533.
- Text hash
- sha256 8f8d5273f2460b36916e180b0897e4aa39a95a9acd0cf9010ca4d9edf2e3137a
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
Revenue and Taxation Code
- Rev. & Tax. Code, § 10878Printed as Section 10878
- Rev. & Tax. Code, div. 2, pt. 7.5NONADMITTED INSURANCE TAXPrinted as Part 7.5 (commencing with Section 13201)
- Rev. & Tax. Code, div. 2, pt. 10PERSONAL INCOME TAXPrinted as Part 10 (commencing with Section 17001)
- Rev. & Tax. Code, div. 2, pt. 10.2, ch. 5, art. 5.5Collection of Amounts Imposed by a CourtPrinted as Article 5.5 (commencing with Section 19280) of Chapter 5
- Rev. & Tax. Code, div. 2, pt. 10.2, ch. 5, art. 7Collection of Tax Debts Due to the Internal Revenue Service or Other StatesPrinted as Article 7 (commencing with Section 19291) of Chapter 5
- Rev. & Tax. Code, § 19722Printed as Section 19722 | Section 19722 of this code
- Rev. & Tax. Code, div. 2, pt. 10.8Taxation of Anti-Weaponization Fund Payments ActPrinted as Part 10.8 (commencing with Section 22000)
- Rev. & Tax. Code, div. 2, pt. 11CORPORATION TAX LAWPrinted as Part 11 (commencing with Section 23001)
- Rev. & Tax. Code, div. 2, pt. 32Individual Shared Responsibility PenaltyPrinted as Part 32 (commencing with Section 61000)
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.