On December 5, 2013, the Franchise Tax Board (FTB) held an Interested Parties Meeting (IPM) to discuss a proposed regulation regarding California Revenue and Taxation Code section 23663, which permits the assignment of credits among members of the same combined reporting group. The proposed regulation provides default rules and examples that address the treatment of defective credit assignments. The purpose of this IPM was to elicit public input on this proposed structural framework before the FTB releases draft language in April 2014. Interested parties should consider getting involved and providing input in the regulatory process. Input received by January 7, 2014, may be considered by the FTB before the draft regulation is released.