* . Which of the following is true under California Assembly Bill 150? * a. Pass-through entities can only opt for PTE if all the qualified owners agree to be included. * b. Qualifying entities are allowed to make the irrevocable election to pay tax on a qualified owner's share of net income on a quarterly basis. * c. California allows deductions for state and local income taxes on the state return as part of this law. * d. The elective tax enables taxation of pass-through income at the entity level, allowing owners to bypass the federal cap limitation. *