(a)

1. (1) The amount of assistance for a claimant owning his or her residential dwelling shall be based on the claimant’s household income for the period set forth in Section 20503.

2. (2) For claims filed with respect to the 2001 calendar year and each calendar year thereafter, the percentage of assistance for which each claimant owning his or her residential dwelling shall be eligible based on the following scale:

   If the total household income (as defined in this part) is not more than:	The percentage of tax on the first $34,000 of full value (as determined for tax purposes) used to provide assistance is:
   $8,812	139%
   9,400	136
   9,987	133
   10,575	131
   11,163	128
   11,750	125
   12,337	122
   12,925	119
   13,513	116
   14,101	113
   14,688	110
   15,275	106
   15,863	100
   16,451	94
   17,038	88
   17,626	83
   18,213	77
   18,800	71
   19,389	65
   19,976	59
   20,564	54
   21,151	49
   21,738	45
   22,327	41
   22,914	36
   23,500	32
   24,088	29
   24,675	26
   25,263	23
   25,851	20
   26,438	17
   27,908	15
   29,376	12
   30,846	10
   32,314	9
   33,783	7
   35,251	6

(b) With respect to assistance that is provided by the Franchise Tax Board pursuant to this chapter for the 2002 calendar year and each year thereafter, the household income figures that apply to assistance provided by the Franchise Tax Board during that period shall be the household income figures that applied to assistance provided by the Franchise Tax Board in the same period in the immediately preceding year, multiplied by an inflation factor calculated as follows:

1. (1) On or before February 1 of each year, the Department of Industrial Relations shall transmit to the Franchise Tax Board the percentage change in the California Consumer Price Index for all items from June of the second preceding calendar year to June of the immediately preceding calendar year.
2. (2) The Franchise Tax Board shall add 100 percent to the percentage change figure that is furnished pursuant to paragraph (1) and divide the result by 100.
3. (3) The Franchise Tax Board shall multiply the immediately preceding household income figure by the inflation adjustment factor determined in paragraph (2), and round off the resulting product to the nearest one dollar ($1).