Except as provided in Section 90006, the Franchise Tax Board shall make audits and field investigations with respect to the following:
(a) Reports and statements filed with the Secretary of State under Chapter 4 (commencing with Section 84100), Chapter 5 (commencing with Section 85100), and Chapter 6 (commencing with Section 86100).
(b) Local candidates and their controlled committees selected for audit pursuant to subdivision (i) of Section 90001.
(Amended by Stats. 2004, Ch. 483, Sec. 3.)