1       BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION

            2                         450 N STREET

            3                    SACRAMENTO, CALIFORNIA

            4   

            5   

            6   

            7   

            8                     REPORTER'S TRANSCRIPT

            9                      DECEMBER 14, 2011 

           10                            ITEM G

           11          TAX PROGRAM NONAPPEARANCE MATTERS - CONSENT

           12                            ITEM G2

           13               FRANCHISE AND INCOME TAX MATTERS

           14   

           15   

           16   

           17   

           18            

           19   

           20   

           21   

           22   

           23            

           24            

           25            

           26            

           27                     REPORTED BY:  Kathleen Skidgel  

           28                                    CSR NO. 9039




                                                                      1




                                                                       


            1                         P R E S E N T

            2            

            3   For the Board              Jerome E. Horton 
                of Equalization:           Chairman
            4   
                
            5                              Michelle  Steel
                                           Vice-Chairwoman
            6   
                
            7                              Betty T. Yee 
                                           Member
            8   
                
            9                              John Chiang 
                                           Member
           10   
                
           11                              Diane G. Olson 
                                           Chief 
           12                              Board Proceedings Division
                
           13   

           14                           ---oOo---

           15   

           16   

           17   

           18   

           19   

           20   

           21   

           22   

           23   

           24   

           25   

           26   

           27   

           28   





                                                                      2




                                                                       


            1                                      450 N STREET

            2                                      SACRAMENTO, CALIFORNIA

            3                                      DECEMBER 14, 2011

            4                           ---oOo--- 

            5            MS. OLSON:  Our next item is D2 (verbatim), 

            6   Franchise and Income Tax Matters - Consent.  

            7            Subitem 1 and subitem 5 have been pulled from 

            8   the agenda.  

            9            MR. HORTON:  So noted.  Subitem 1, subitem 5 

           10   has been pulled.  

           11            Discussion, Members?  

           12            Is there a motion?  

           13            MS. YEE:  Move the remainder of the calendar.  

           14            MR. HORTON:  Moved by Member Yee the remainder 

           15   of the calendar.  Second by Member Chiang.  

           16            Without objection, such will be the order.  

           17                           ---oOo---

           18   

           19   

           20   

           21   

           22   

           23   

           24   

           25   

           26   

           27   

           28   





                                                                      3




                                                                       


            1                    REPORTER'S CERTIFICATE

            2   

            3   State of California    )

            4                          )  ss

            5   County of Sacramento   )

            6   

            7            I, KATHLEEN SKIDGEL, Hearing Reporter for the 

            8   California State Board of Equalization certify that on 

            9   DECEMBER 14, 2011 I recorded verbatim, in shorthand, to 

           10   the best of my ability, the proceedings in the 

           11   above-entitled hearing; that I transcribed the shorthand 

           12   writing into typewriting; and that the preceding pages 1 

           13   through 3 constitute a complete and accurate 

           14   transcription of the shorthand writing.

           15   

           16   Dated:  December 19, 2011

           17   

           18   

           19                          ____________________________

           20                          KATHLEEN SKIDGEL, CSR #9039

           21                          Hearing Reporter

           22                             

           23                             

           24                               

           25            

           26            

           27            

           28            




                                                                      4