In California 78 percent of corporations paid no more than the $800 minimum franchise tax in 2001. Worse, over half of profitable corporations paid no more than $800 minimum, including 46 corporations with over $1 billion in 2001 receipts. That's one reason that CALPIRG today released Sunshine for California: Shining Light On Corporate Tax Secrecy For Healthier State Budgets, Investments and Markets and is urging Governor Schwarzenegger to get his pen uncapped and announce that he will sign a bill, AB 675 (Klehs), which would require large corporations to provide more detailed information to the Franchise Tax Board about the differences between reported book and tax income as soon as it arrives on his desk. It should finish legislative steps soon.