California FTB Publishes Revised Participation Guide for Interagency Tax Refund Intercept Collection Program

The California Franchise Tax Board (FTB) Jan. 1 published a revised participation guide on the Interagency Intercept Collection Program for individual income, corporate income, trust income, sales and use, excise, and property tax purposes. The FTB administers the program on behalf of the State Controllers Office to intercept payments to individuals, such as income tax refunds, Unclaimed Property Division claim payments, or California State Lottery winnings, and transfer these funds to pay delinquent debts to government agencies and colleges. Qualifying participants include California state, city, county agencies, special districts, state colleges, community college districts, or other post-secondary educational institutions. The ...