From the State of California Franchise Tax Board

Due to the state’s persistent cash and budget problems, the State Controller announced on Friday, January 16, 2009, that because of the state’s cash shortfall he will have to delay refunds for 30 days starting February 1, 2009 for Personal Income Tax and Business Entity taxpayers. Refund payments will resume when the State Controller indicates there is enough cash available to make refund payments.

Yikes. Pithy comments?