State Budget Legislation State Budget LegislationEnacts the 2001-02 State Budget. Provides for a spending plan of $103.3 billion: $78.8 billion from the General Fund; $21.3 billion from special funds, and $3.2 billion from bond funds. The budget increased K-12 education by $2.5 billion. The per-pupil spending is now $1,246. California schools were given $250 million for energy costs due to California's energy crisis. Other education programs receiving funding included $161 million for immediate intervention/underperforming schools program; $200 million to improve student achievement in low-performing schools; $97.9 million for special education; $10 million for the first year of a two-year project to help establish the high-tech high schools throughout the state; and $75 million in increased discretionary funding for schools. The budget includes $92 million for Cal-Grants and $118 million to continue providing $1,000 and $2,500 Governor Scholarships to high-achieving high school students and $160.4 million for University of California, Merced, to complete the initial site development, infrastructure and construction of library and laboratory facilities and to begin the planning for classroom and office buildings. In the field of public safety, more money was given to continue the fight on methamphetamine with $30 million to enhance suppression activities and hiring additional personnel. Included in the budget was $232.6 million for the Citizens' Option for Public Safety and Juvenile Justice Crime Prevention Program, and provides $35 million in one-time funding to local law enforcement agencies for the purchase of high-tech equipment. $25 million was provided for competitive grants to local forensic labs for building and renovation of lab facilities, purchase of new equipment, and replacement or upgrades of existing equipment. $2 million was provided to fund initial activities to locate and purchase a site for a new statewide DNA forensic lab. In the field of tax relief the budget revised the formula that provides for the triggering on and off of a one-quarter cent General Fund sales tax originally adopted in 1991. It contains an agricultural and rural tax relief package which includes sales tax exemptions for agricultural and forestry equipment, liquefied petroleum gas and diesel fuel. It provides for the Senior Citizens' Property Tax and Renters' Tax Association. The budget fully funds projected Medi-Cal caseloads, as well as funding for long-term care rate increases. It adopts the use of tobacco settlement funds to support expanded coverage for adults under the Healthy Families Program. In the field of social services, the budget fully funds caseload and cost-of-living adjustments for the California Work Opportunity and Responsibility to Kids Program and the Supplemental Security Income/State Supplementary Program. Includes new initiatives for foster youth, extensions of assistance programs for immigrants, and provides wage increases for the In-Home Supportive Services providers. The budget defers the shift of sales tax on gasoline targeted for the Governor's Traffic Congestion Relief Plan for two years. In addition, the budget includes a proposed constitutional amendment to permanently dedicate the sales taxes levied on gasoline to transportation-related projects, starting in 2003-04. The budget provides for a number of environmental projects: $81 million for CalFed; $48 million for air quality through retrofitting diesel school buses, providing of new school buses, offsetting of peak plant emissions, and mitigation of emissions from diesel-fueled generator; $20 million for a zero emission vehicle incentive program; $2.6 million to expand enforcement and cleanup to reduce waste and used tire stockpiling; $35 million for control cleanup; $21.3 million to enhance water quality programs; $18.4 million to acquire and restore seven river parkways; $13.5 million for environmental quality and mitigation of environmental degradation; $114 million to fund cleanup costs at the Casmalea and Stringfellow hazardous waste site; and $524.8 million for park property and $443.4 million for water projects from Propositions 12 and 13, the parks and water bonds approved by California voters in March 2000. Provides for a partnership with California Central Valley: $15 million for infrastructure improvement to facilitate economic development, $18 million for a Rural Transit System Grants program, monies as mentioned above for University of California, Merced, monies to combat methamphetamine, and the sales tax exemption for liquefied gas, farm and forestry equipment, and diesel fuel used for agriculture. Lastly, the budget contains a $2.6 billion reserve. The Governor item-vetoed $54 million in total spending, including $499 million from the General Fund. These vetoes were concentrated in Community Colleges ($124.6 million) primarily in the areas of maintenance and instructional equipment. Other programs with significant reductions included K-12 education ($130 million) and health and social services (slightly over $100 million).
Increases the fees for firearm dealer inspections by the State Department of Justice from, $85 to $115 per inspection, and requires the California Victim Compensation and Government Claims Board to establish up to five victim recovery, resource and treatment programs.
Provides for the statutory provisions necessary to implement the K-12 provisions of the State Budget.
Enacts the Health Insurance Portability and Accountability Act of 2001. Requires the State Office of Health Insurance Portability and Accountability (HIPAA), established by the Governor's office within the California Health and Human Services Agency, to perform specified activities required for compliance with this federal act. Requires state entities subject to HIPAA to complete an assessment prior to January 1, 2002, to determine its impact on their operations and requires state entities to cooperate with the office in achieving compliance with HIPAA. Requires the State Department of Finance to develop guidelines relating to obtaining HIPAA funding and to report to the Legislature regarding expenditures related to HIPAA implementation activities. Provides that its provisions remain in effect only until January 1, 2008, and be repealed on that date. Appropriates $45,429,000.
Contains provisions necessary to implement the education provisions of the budget. It basically contains the provisions of SB 347, with several changes. Restores various community college item-vetoes. Specifies legislative intent that the community colleges receive more than one-third of any future bond proceeds deducted to higher education. Appropriates $40 million from the Proposition 98 revision account for revenue limit equalization pursuant to AB 441. Appropriates $98 million in Proposition General Fund to the community colleges. Appropriates $14.9 million in bond funds for specific community college projects through the state.
Removes the sunset date for the Citizens' Option for Public Safety and Juvenile Justice Program and specifies that funds are not allocated by the county auditor until an approved plan is received by the local law enforcement oversight committee.
Requires charter schools to request a determination of funding from the State Board of Education in order to receive funding for nonclassroom-based instruction. Creates the Charter School Facility Grant Program to provide assistance with facilities rent and lease costs for charter schools located in low-income areas. Requires the amount of funding to be allocated to a charter school on the basis of average daily attendance that is generated by pupils engaged in nonclassroom-based instruction and states that it may be adjusted by the State Board of Education.
Implements various general government portions of the State Budget including (1) requiring the Commissioner of Corporations to reduce or suspend fees charged in connection with securities-related actions; (2) changing the loan criteria for the Child Care Facilities Program; (3) extending the benefits of State Employees' Pretax Parking Payroll Deduction Program to employees parking at private facilities, as specified; (4) extending the authority of the State Department of General Services to act as a control agency and allows departments to write off bad debts of up to $5,000; (5) extending the sunset date of the program conducted by the State Technology, Trade and Commerce Agency that provides loans and grants relative to underground storage tank cleanup; (6) increasing salaries to the chair of the Federal Counsel and specified administrative presiding judges; (7) allowing the State Department of Housing and Community Development to receive any costs, up to $50,000, from local governments who received fee payments for employee housing plan checks and did not respond within 60 days; (8) reducing members' fees and charges for residential care at the Veterans' Home of California; (9) providing for an orderly transition of the universal service telephone programs to state fiscal and budgetary control; and (10) establishing the Buy California program within the State Department of Food and Agriculture to encourage consumer nujtritional and food awareness and encourage purchases of high-quality California agricultural products.
Provides sales tax exemptions for liquefied petroleum gas, farm and forest equipment, diesel fuel used in farming activities and for racehorse breeding stock. Revises the formula that provides for the triggering on and off of a one-quarter cent General Fund sales tax originally adopted in 1991. Increases the benefits paid under the Senior Homeowners' and Renters' Assistance Program by 45 percent on a permanent basis.
Creates the "Supportive Transitional Emancipation Program" which continues primary support for foster youth while participating in an education or training program or an activity consistent with a transitional living plan up to the age of 21. Creates the Internet-based Health and Education Passport pilot in Los Angeles, an Internet-based program for health and education information for foster care children. Establishes the Foster Youth Transitional Housing Fund to pay for new transitional housing costs for foster and emancipated youth.
The omnibus social services budget trailer bill makes changes to programs administered by the State Department of Aging, the State Department of Health and Human Services Agency Data Center, the State Department of Rehabilitation, the State Department of Alcohol and Drug programs, the State Employment Development Department, the State Department of Social Services, the State Department of Child Support Services, the State Department of Community Services and Development, the State Franchise Tax Board, and the Office of Statewide Health Planning and Development.
Makes the necessary statutory changes to implement the health provisions of the State Budget. Establishes a new special fund, the Tobacco Fund; expands eligibility of the Healthy Families program to parents; adds cervical cancer treatment to the breast cancer services which are provided by the Breast Cancer Treatment program; makes changes relating to mental health and developmental disabilities programs and provides the State Department of Developmental Disabilities develop by April 1, 2002, evaluation and diagnostic procedures for the diagnosis of autism; and makes a number of changes to Medi-Cal.
Makes various legislative findings relating to the Hatton Canyon property (near the City of Carmel) by the State Department of Transportation (DOT) and provides authorization for the transfer of the property from DOT to the State Coastal Conservancy.
Establishes a new Rural Transit System Grant Program to be administered by the State Department of Transportation under guidelines adopted by the California Transportation Commission.
Defers the shifting of sales tax revenues from the General Fund to the Transportation Congestion Relief Program for two years, as specified.
Augments Item 9100-101-0001 of the Budget Act by $75 million, including $13.5 million for the Senior Citizens' Property Tax Assistance Program and $61.5 million for the Senior Citizens' Renters' Tax Assistance Program. Augments Item 9210-106-0001 by $5.2 million for the High Technology Grant Program for local law enforcement agencies. Specifies that the code law enforcement agency receive a minimum grant of $30,000.
Enacts a formula to equalize school district revenue limits. Appropriates $40 million.
Limits the use of funds from the High Technology Law Enforcement Equipment Grants and provides grant funds for 37 county sheriff departments. Appropriates $18,500,000 annually.
Moves the sunset date of and eliminates future appropriations from the School Facilities Fee Assistance Program.
Implements the New High Priority Grant Program for Low-Performing Schools.
Implements the settlement of special education mandated costs claims that resulted form state special education laws that exceeded federal education mandates. Appropriates $100 million to school districts on an ongoing basis and appropriates $520 million for specified payments.
Requires the State Franchise Tax Board to conduct a study of senior tax filing forms.
Allocates $8 million appropriated to the State Technology, Trade and Commerce Agency in the 2001 Budget Act to the State Office of Emergency Services for the Klamath River Water Crisis Economic Assistance and Mitigation Program (Klamath project), as specified.
Makes various technical corrections to the Budget Act in order for allocations of monies to take place.
Augments the Budget Act of 1999 by a total appropriation of $739,186,000 (various funds). The purpose of this augmentation is to cover unforeseen shortfalls in the 1999-2000 Budget, as requested by the Administration. Augments the Budget Act of 2000 by $40 million from the General Fund for the Senior Citizen and Disabled Homeowner and Renter Tax Assistance Program. The State Department of Finance has requested $125 million, which is the amount necessary to pay all claims filed through December 31. The additional $15 million is added to ensure that there will be sufficient funds to pay claims filed after December 31.
Appropriates $528.8 million from various funds to cover unforeseen shortfalls in the Budget Act of 2000 in accordance with control Section 27 of the Budget Act.
Reduces by $120,000 the appropriation to the Veterans' Home in Barstow. Reduces by $80,000 the appropriation to the Veterans' Home in Chula Vista. Augments by $200,000 the appropriation to the State Department of Fish and Game to pay for a study of the feasibility of "maintaining in good condition the fish in Rector Creek below Rector Dam." Augments by $250,000 the appropriation to the State Department of Water Resources to pay for a study to determine the water demand of state facilities entitled to water from Rector Reservoir, and to develop related rules.
Income Tax/Corporation Tax - Chaptered and VetoedIncreases the annual allocation of the low-income housing tax credit from $50 million to $78 million in 2001 and adjusts amount annually for inflation.
Changes the appropriation procedure for the California Police Officer Memorial Foundation Fund by designating the State Department of the California Highway Patrol as the agency responsible for allocation of the appropriated funds to the California Peace Officer Memorial Commission.
Streamlines certain corporate mergers by eliminating the redundant requirement that the State Franchise Tax Board certifies that the franchise and income tax obligations of a disappearing entity have been satisfied.
Provides that no levy for an underpayment for any taxable year starting on or before December 31, 2000, attributive to an abusive tax shelter shall be made on the principal residence or proceeds from a transaction involving the principal residence of an innocent investor and provides that a lien on that property, or the proceeds of the sale of that property, shall be released, as provided.
Extends the sunset date on the tax credit for investment in community development financial institutions until July 1, 2007, as specified.
Adds legislative findings to the taxpayers' bill of rights applicable to the income tax/corporation tax laws that the purposes of any tax proceeding between the State Franchise Tax Board (FTB) and a taxpayer is determining the correct tax liability. In furtherance of this purpose states an intent that the FTB may inquire into, and shall allow the taxpayer every opportunity to present, all relevant information pertaining to the taxpayer's liability.
Renames the Bank and Corporation Tax Law as the Corporation Tax Law. Revises the manufacturer's investment credit and recaptures provisions of law. Revises voluntary disclosure program to trusts. Clarifies the claim for refund time periods.
Provides a tax credit for purchases and installation of solar energy systems, as specified.
Similar legislation is as follows: SB 17X* (Brulte-R), which died at the Assembly Desk; AB 79X* (Nakano-D), which died in Assembly Revenue and Taxation Committee; AB 86* (Bill Campbell-R), which died in Assembly Revenue and Taxation Committee; and AB 872* (Nakano-D), which is in Assembly Revenue and Taxation Committee.
Allows a tax deduction for interest paid on a loan financed through a public utility company to purchase energy efficient equipment and products for California residences, as specified.
Similar legislation is SB 75X*, which died in Senate Revenue and Taxation Committee.
Conforms state law to federal law relative to real estate investment trusts.
Provides income tax relief for those who suffered losses as a result of the September 2000 earthquake in Napa.
Provides that the accuracy-related penalty imposed by the State Franchise Tax Board does not apply to tax credits authorized for credentialed teachers claimed on tax returns filed for taxable years starting on or after January 1, 2000 and before January 1, 2001.
Allows special net operating loss treatment to losses sustained by farmers as a result of Pierce's disease and its vectors.
Allows the addition of a new voluntary contribution (checkoff) on the personal income tax form to fund the California-based operating chapters of the Lupus Foundation of America.
Conforms to federal tax practice by allowing California taxpayers to exclude gains from the sale or exchange of a personal residence from the computation of their gross income for state income tax purposes.
Extends the availability of the Employer Child Care Program tax credit to November 1, 2007 and disallows an employer credit for an employee's contribution to a dependent care plan.
Sets permanently the amount of the limited liability company (LLC) annual fee and amends the definition of total income to remove income reported to California for purposes of the LLC annual fee by another LLC.
Clarifies the methodology to be used by nonresidents and part-year residents when computing the amount of California tax owed. Corrects misleading references to the annual tax paid by limited partnerships. Changes the law that alternative minimum tax credits be applied before any credit that can reduce regular tax below tentative minimum tax. Provides a default rule that allows holders of interests in pass-through entities to claim pass-through credits regardless of the month in which the holder's tax year begins. Allows the State Franchise Tax Board (FTB) to hold open up to seven years the statute of limitations on refund claims for taxpayers on installment payment plans. Allows the FTB to disclose confidential taxpayer information to selected persons solely for use in an action or proceeding affecting the personnel rights of an employee or former employee.
Allows the State Franchise Tax Board (FTB) to adjust income tax withholding rates in the first year following the enactment of a new law and establishes a process for taxpayers to appeal adjustments to tax credit carryover amounts made by the FTB.
Increases the amounts that can be contributed to an Education Individual Retirement Account (IRA) over the next five years and allows taxpayers to contribute an Education IRA for elementary and secondary education costs.
Requires the State Franchise Tax Board to conduct a study of senior tax filing forms and to report to the Legislature before January 1, 2002 on the results of the study.
Other Income and Corporation TaxCreates a refundable tax credit of up to $500 for contributions to the State Scholarshare program.
Similar legislation is SB 782 (Brulte-R), which is in Senate Revenue and Taxation Committee and AB 26 (Nation-D), which is in Assembly Revenue and Taxation Committee.
Increases the renter tax credit from $60 ($120 joint) to $266 ($532 joint) and to be indexed for inflation.
Conforms the federal tax treatment of donations of publicly-traded stock to private foundations.
Eliminates charitable contributions of certain property from the list of items that can result in the payment of alternative minimum tax.
Provides an Internet service provider tax credit of $200 for low-income households that provide services with a personal computer, an Internet connection, and at least one year of Internet service.
Provides a permanent refundable tax credit equal to 100 percent of the amount paid by taxpayers who are at least 55 years old for prescription drugs that are not reimbursed by a third party.
Provides a tax credit for the purchase of a backup generator and for related backup and switching equipment.
Similar legislation was SB 38X and SB 38XX (Oller-R), which died in the Senate Environmental Quality Committee.
Provides tax credits for qualified expenses in connection with providing English-as-a-second-language classes.
Reduces the minimum franchise tax on annual tax to $500 for all business institutes.
Provides for a homeownership tax credit for qualified lenders.
Requires the State Franchise Tax Board to provide a means to electronically transmit via the Internet directly to the board the final form of individual income tax returns, free of charge, without the use of a third party intermediary, as specified.
Creates a tax credit for the cost of a farm irrigation system improvement that provides water conservation or savings and allows a tax deduction of costs to build or purchase a water filter system to prevent contaminated agricultural water from entering public waterways.
Allows a tax credit in an amount equal to 20 percent of the fair market value of any qualified contribution to a nonprofit housing or community development organization.
Similar legislation is SB 981 (Haynes-R), which is in Senate Revenue and Taxation Committee.
Provides a tax credit for businesses that lend employees to public schools to read with and test lend employees to public schools to teach mathematics and science.
Increases the manufacturers' reinvestment tax credit and extends the credit to mining and non-public-utility electric industries.
Provides a tax credit for any excessive energy costs paid by residential or commercial customers.
Similar legislation was SB 49X (Morrow-R), which died in Senate Revenue and Taxation Committee and SB 49XX (Morrow-R), which failed passage in Senate Revenue and Taxation Committee.
Extends the manufacturing equipment tax credit to wine tanks and foundations.
Conforms state law to federal law on net operating losses including allowing a net operating loss to be carried back.
Allows a tax credit for uniforms of dependents either attending a low-performing school or whose residence is within the boundary of a low-performing school.
Allows a tax credit in the amount equal to the product of a taxpayer's energy conservation percentage, not to exceed 25 percent, and the cost of electricity used by the taxpayer in this State, and are to be refundable upon appropriation by the Legislature.
Similar legislation was SB 54X (Haynes-R) and SB 54XX (Haynes), which died in Senate Energy, Utilities and Communications Committee.
Revises water's-edge election procedures by, among other things, providing that elections made under current law may be perfected, and by providing that elections be made by statutory election, as provided, rather than by contract.
Allows a tax credit for the certified final cost of expenditures necessary to comply with Chapter 740, Statutes of 1994, relating to seismic safety requirements.
Enacts the Tax Refund Fairness Act to require the State Franchise Tax Board to pay simple interest on refunds from the date of the tax overpayment to the date the amount is refunded to the taxpayer.
Provides a tax credit for the cost of motor oil recycling equipment.
Creates a refundable tax credit for health insurance paid by the taxpayer for any member of the taxpayer's family that is eligible to receive benefits under the Healthy Families Program.
Conforms state law with federal tax legislation concerning qualified college savings plans such as the Golden Share Scholarship Trust.
Requires the State Franchise Tax Board to allow all specified income eligible taxpayers to file a 540 2EZ form.
Allows a tax credit for free services provided by an attorney, doctor, dentist, or optometrist on behalf of any nonprofit charitable organization that helps the poor.
Allows a deduction for interest paid on a loan financed through a utility company to purchase energy efficient equipment products for California residences.
Extends the manufacturers' investment tax credit to agricultural and mineral extraction industries.
Grants a tax credit equal to the portion of a dairy farm's property taxes attributable to the presence of cogeneration equipment.
Allows a tolling of the statute of limitations in regard to taxpayers filing a claim for refund before the tax is fully paid.
Allows a tax credit for the cost of replacing an inflammable roof with a fire retardant roof material.
Increases the dependent exemption credit to $500 per dependent for the 2001 tax year and indexes the credit for inflation each year.
Provides that all business income is to be apportioned to the state by multiplying the business income by the sales factor, except that with respect to an extractive business activity, a trade or business would be allowed to apportion its business income based upon the revised formula or in accordance with the three-factor formula, as provided.
Provides that the income tax is not to apply to any qualified portfolio capital gain of an estate or trust if the fiduciary so elects.
Replaces the requirement that the tax checkoff for the California Fund for Senior Citizens must meet the $250,000 minimum contribution test starting in 2001 with the requirement that it must meet the test starting in 2003.
Allows a tax credit for initial investment entities that invest in qualified low-income community businesses.
Prohibits corporate manufacturers from deducting the cost of advertising prescription drugs.
Allows a tax credit, in conformity with the federal tax laws, paid to individuals who are qualified state disability insurance recipients.
Modifies the manufacturers' investment tax credit by allowing lessees of equipment to elect for the credit to be claimed by the equipment lessor.
Provides a tax credit for the cost of certain information technology training.
Increases the research and development tax credit from 15 percent of the excess of the qualified research expenses to 20 percent.
Requests the U.S. President and Congress to enact legislation that would eliminate the marriage penalty that currently exists in the application of federal income tax laws.
Imposes an electrical windfall profits tax on sellers of energy in California, as specified. Specifies that revenue generated from the tax will be distributed, in equal amounts, to personal income taxpayers in the form of a refundable income tax credit, the California Electricity Consumers Credit.
Similar legislation was SB 2XX (Soto-D), which failed passage on the Assembly Floor.
Allows a refundable tax credit in an amount equal to 60 percent of the expenses paid or incurred by a taxpayer for a qualified electric generator providing electric service onsite at a dairy farm located in the State.
Similar legislation was SB 16XX (Soto-D), which died in Senate Revenue and Taxation Committee.
Allows a taxpayer to make an irrevocable election to claim a credit for the costs paid or incurred to purchase or lease and install a power generation system on property located in California for the production of electricity, used onsite, as specified.
Similar legislation was SB 71XX, which died in Senate Energy, Utilities and Communications Committee.
Reduces the personal income tax rates over a four-year period.
Allows a refundable tax credit for an employer who provides health coverage, as specified.
Allows a tax deduction for the cost of long-term care insurance, as specified.
Conforms state law to federal law on net operating losses.
Similar legislation is AB 339 (Correa-D), which is in Assembly Appropriations Committee.
Provides a refundable tax credit equal to 1.5 percent of the federal earned income tax credit.
Provides for a 100 percent exclusion of capital gain on small business stock held more than five years.
Extends the teacher retention tax credit to credentialed individuals who provide support services to students.
Allows a tax credit on the federal rehabilitation of historic building tax credit and provides a credit for rehabilitation of a certified historic structure within a redevelopment area.
Allows taxpayers to designate on their income tax returns up to $5, or up to $10 in case of married individuals filing a joint return, to be transferred to a legislative election fund.
Increases the manufacturers' investment tax credit and extends to various businesses.
Increases the tax credit allowed for adoption costs.
Allows taxpayers who are at least 65 to be exempt from income tax, as specified.
Allows a first-time homeowner to claim a deduction for mortgage insurance, as specified.
Increases manufacturers' investment tax credit from six percent to seven percent and extends the sunset date for the credit to 2008.
Extends the manufacturer's investment tax credit to include taxpayers who are engaged in specified businesses relating to certain agricultural and mineral extraction businesses.
Allows a gross income exclusion for survivor benefits received under several federal survivor programs for military retirees.
Gives qualifying seniors a reduced tax rate and the option of using a new modified form 540 EZ.
Conforms state law to federal law on net operating losses (NOL), except the provision of federal law that allows NOLs to be carried back two years.
Allows a tax credit for senior citizens of up to $400 for medical expenses.
Allows corporations to claim a larger than ordinary tax deduction for the contribution of computer technology and equipment to educational institutions.
Allows a veterinary service deduction for taxpayers who adopt animals from certain qualifying institutions.
Allows a water's-edge taxpayer that has an affiliate company located in Puerto Rico to account for profits by assigning 50 percent of its profits to each entity.
Disallows a tax exemption to any organization that operates or controls at least 26 general acute care hospitals if that organization does not meet unspecified criteria.
Allows employees a tax credit related to lending an employee to a public school to teach math or science.
Creates a tax credit of one-third of the costs to produce a film.
Allows a small business that is located in a qualified area a tax credit based on a percentage of employee's wages.
Specifies that the insurance company dividends deduction is not limited to use by corporations that are commercially domiciled in California.
Delays the wage and property tax credits of the Joint Strike Fighter program by two years.
Creates a tax credit for seniors 65 years or older for the costs of prescription drugs.
Provides that the minimum franchise tax and the annual tax would not be assessed in the year that a final return is filed and permits certain suspended corporations to dissolve without requiring payment of certain tax liabilities.
Increases the dependent exemption tax credit from $235 to $500.
Expands a targeted tax area by no more than 15 percent and adds agricultural services and business services to the list of trades or businesses that may claim targeted tax areas.
Provides that a refundable tax credit for personal income taxpayers who purchase energy efficient residential appliances and a deduction for all taxpayers that install energy conservation measures.
Similar legislation was AB 102X (Wayne-D), which died in Assembly Revenue and Taxation Committee, AB 133X (Horton-D), which died at the Assembly Desk, and AB 25XX (Horton-D), which died in Assembly Housing and Community Development Committee.
Increases the state's alternative incremental research expense tax credit to ten percent of the prior federal percentages.
Allows a tax credit for adoption expenses not covered by the current state child adoption credit.
Provides for conformity with the federal law on tax law.
Allows a tax credit equal to 50 percent of the certified amount contributed to a community development corporation.
Creates an employer tax credit for providing health care or health insurance to farmworker employees.
Provides a tax credit equal to 50 percent of the costs of a hot water recirculating system.
Similar legislation was AB 76XX (Briggs-R), which died in Assembly Revenue and Taxation Committee.
Allows a tax credit for dry cleaning technology.
Increases the income amount used to determine the credit percentage claimed by the taxpayer under the household and dependent care tax credit and adds a new child adoption tax credit.
Allows capital losses to offset any other income of a corporation and allows a carryover tax credit to a corporation to the extent that the corporation would have paid less in tax had capital losses been treated in this manner in prior years.
Allows a nonrefundable tax credit to employers who lend a qualified employee to a public middle or high school (grades 7-12) in California or a community college in California to teach math or science.
Enacts the Live Near Your Work program which authorizes a tax credit in an amount equal to 100 percent of the amount paid or incurred by an employer for Live Near Your Work program grants.
Allows similar enterprise zone tax credits and deductions for a person or entity conducting a trade or business within a spacesport development zone, if the business is primarily engaged in launch related activities, and then only for those parts of a business directly enjoyed in those activities.
Allows a tax credit for the purchases and installations of an irrigation system improvement that is used for the production of farm income, and is installed on agricultural land in California that is owned or leased by the taxpayer at the time of installation.
Allows a tax credit in an amount equal to 50 percent of the amount paid or incurred at the fair market value of the materials, equipment, or service donated by a taxpayer for maintenance or roadside enhancement of a section of state highway.
Provides that a valid claim for a tax refund is to be a claim only for purposes of tolling the statute of limitations under specified conditions, if the tax has not been paid.
Revises references to the federal Internal Revenue Code in state law relating to estates, trusts, beneficiaries, and decedents, to include the federal Victim of Terrorism Relief Act of 2001.
Allows a tax credit for a percentage of the cost to purchase or lease and to install a power generation system and allows a credit equal to the sales or use tax paid for the purchase of a power generation system.
Similar legislation was AB 27X and AB 29XX (Koretz-D), which died in Assembly Appropriations Committee.
Creates a 25 percent tax credit for seniors 65 years of age or older for the costs of prescription drugs.
Extends the manufacturer's investment tax credit to businesses that generate electricity from fossil fuel or other sources for seven years.
Creates a refundable tax credit for the costs of higher education.
Allows a qualified taxpayer who does not itemize, a direct charitable deduction as specified.
Increases the tax credit for each dependent over a four-year period and then adjusts for inflation.
Reduces all marginal tax rates as specified.
Allows for a tax credit with respect to qualified child care facilities, as specified.
Allows a tax credit for energy-reducing devices, as specified.
Similar legislation was AB 84XX (Bill Campbell-R), which died in Assembly Revenue and Taxation Committee.
Expands the manufacturer's tax credit by expanding the definition of qualified taxpayer and property to include taxpayers and property related to oil and gas extraction industries.
Expands the definition of qualified taxpayer and property to include taxpayers and property related to certain elective power generators.
Similar legislation was AB 96X (Bill Campbell-R), which died in Assembly Revenue and Taxation Committee.
Changes the calculation of the penalty for taxpayers who fail to file an income tax return after the State Franchise Tax Board sends them a written demand to file.
Creates a refundable income tax credit for political contributions made by individuals.
Increases the tax credit for qualified research expenses from 15 percent to 24 percent of the costs of energy conservation and efficiency technology research and development.
Allows divorced or separated parents to divide the dependent exemption credit equally.
Increases the alternative incremental research expense tax credit to equal the prior federal credit percentages as they existed on January 1, 1998.
Allows all corporations a tax deduction for dividends received from an insurance company subsidiary.
Allows a tax credit for investments in a qualified community development entity.
Creates a 100 percent tax credit for donations to a nonprofit charitable organization that provides private school scholarships to low-income children.
Allows both a tax credit and a deduction for any contribution made to a California medical savings account.
Provides that all business income is to be apportioned to this state by multiplying the business income by the sales factor, except that with respect to an extractive business activity, a trade or business would be allowed to apportion its business income based upon the revised formula or in accordance with the three-factor formula, as provided.
Creates a 100 percent tax credit for the purchase of emission reduction credits for an electrical generating facility.
`Allows a tax credit in an amount not to exceed $1,000 for the qualified costs paid or incurred by a taxpayer for energy conservation measures.
Similar legislation was AB 15XX (Rod Pacheco-R), which died in Assembly Revenue and Taxation Committee.
Allows a tax credit in an amount equal to 35 percent of the cost paid or incurred by a taxpayer during the taxable year for the purchase and installation of qualified equipment installed on any inactive power generation plant in the State.
Similar legislation was AB 43XX (Harman-R), which died in Assembly Revenue and Taxation Committee.
Allows a taxpayer to elect to take a tax deduction in an amount equal to 25 percent of the cost paid or incurred for qualified energy conservation measures.
Property TaxProvides state reimbursement of local property tax losses as a result of the earthquake in Napa County in September 2000.
Increases the homeowners' exemption, from $7,000 to $25,000, and indexes it for inflation.
Exempts library districts from the requirement to shift property tax revenues to the Educational Revenue Augmentation Fund in their county.
Exempts special districts that provide fire protection or fire suppression services from the obligation to shift property tax revenues to the Educational Revenue Augmentation Fund in their respective counties.
Exempts recreation and park districts from the obligation to shift property tax revenues to the Educational Revenue Augmentation Fund in their respective counties.
Allows a county auditor to transfer up to three percent of the Educational Revenue Augmentation Fund obligation of a county, or city and county, to a county general fund library.
Extends through the 2012 lien date the property tax exemption for open space land owned by nonprofit organizations.
Substitutes county tax collectors for county assessors in the statute that requires county officials to notify delinquent taxpayers that they will provide taxpayer identification numbers to the State Controller to intercept state payments to satisfy delinquent unsecured property taxes.
Makes permanent the 150 percent increases in property tax relief for senior and disabled homeowners and renters.
Similar legislation is SB 854 (Brulte-R), which is in Senate Revenue and Taxation Committee.
Provides, that in the case of an assessee that is not notified in writing of the assessed value of the assessee's property before July 1, for an extension of the application for a reduction filing period to November 30.
Exempts from property tax any improvements, upgrades or replacement of underground storage tanks made prior to September 7, 1999.
Exempts county service areas that only provide ambulance service from contributing to their respective Educational Revenue Augmentation Fund.
Freezes property tax allocation to Educational Revenue Augmentation Fund at their 2000-01 levels.
Starting in 2003-04, requires county auditors to allocate property tax revenues to single-county transit districts as if the 1992-93 property tax shift had not occurred.
Exempts from property tax a leasehold interest in a public park bill by a charitable foundation that will acquire ownership of the park at the end of the lease term.
Requires property tax revenues derived from either a new electric power generation facility or the modification of an existing facility to be allocated exclusively to the county or city where the primary power generating operation of that facility is located.
Makes various revisions in the property tax law relating to private rail cars, timberland production zone, disabled veterans' exemption, exchange of information, disaster relief, penalties, and statutes of limitation.
Makes changes to SB 2174, Chapter 256, Statutes of 2000, relative to appeal of assessments, application to supplemental assessments, and the appeal of taxes in Los Angeles County and other counties.
Makes various technical changes in the property tax law and provides for a refund when a taxpayer erroneously pays tax on property he/she does not own.
Makes various revisions in the property tax law relative to State Department of Conservation audits, assessment of small, contiguous parcels, statute of limitations for fraud, and transfer of base year value for damaged or destroyed property. Revises and recasts for purposes of the parent-child exclusion the signature and certification requirements, and clarifies those requirements in the case in which the excluded requirement transfer involves multiple transferees.
Creates a new construction exemption for certain energy efficiency improvements to real property and improvements that generate electricity for use on that real property.
Similar legislation was SCA 1XX (Poochigian-R)' which died in Senate Constitutional Amendments Committee.
Shifts property tax assessment of large electricity generating facilities from local assessors to the State Board of Equalization and provides that revenues from these assessments be allocated on a situs basis.
Modifies the reduction and transfer provisions relative to allocation of property tax revenue in local jurisdiction by restricting the total amount of revenue allocated to a county's Educational Revenue Augmentation Fund to the applicable revenue shift limit.
Increases, and annually adjusts for inflation, the household income threshold for participants in the Senior Citizens and Disabled Citizens Property Tax Deferral Program. The new threshold will be $39,000 beginning in calendar year 2001.
Similar legislation is AB 385 (Strickland-R), which is in Assembly Revenue and Taxation Committee.
Increases the value of the personal property tax exemption for hand tools to $50,000 starting on January 1, 2002.
Deems to be correct any property tax revenue allocation that was subject to a prior completed audit by the State Controller and approved by the State Association of County Auditors with the approval of state officials, as specified.
Updates definitions in the section of property tax law that exempts seismic retrofitting improvements and improvements using earthquake hazard mitigation technologies from reassessment.
Redirects revenues from the Educational Revenue Augmentation Fund established in each county to local animal control departments.
Increases the benefits paid under the Senior Homeowners' and Renters' Assistance Program by 45 percent on a permanent basis.
Creates the State-County Property Tax Administration Grant Program which, for the 2002-03 fiscal year to the 2006-07 fiscal year, inclusive, provides grants to electing counties to assist them in funding property tax administration costs. Sets forth a grant amount for each county in a specified schedule and provides that receipt of grant program funds by a county will not result in a reduction of a county's reimbursable property tax administrative costs.
Codifies uniform, statewide rules for dating electronic payments of locally-assessed real property taxes, as specified.
Changes assessment appeal deadline for property tax from September 15 to November 30, and standardizes appeal rights for taxpayers subject to property tax audit.
Caps the shift of property tax revenue from counties to the Educational Revenue Augmentation Fund over an unspecified multi-year period.
Allows property owners and county assessors to use a limited version of a "trial de novo" proceeding when challenging local property tax assessments, as specified.
Allows counties to recover the proportionate share of the costs of property tax administration from school districts, including the Educational Revenue Augmentation Fund.
Extends, by two months, the deadline for local agencies to report to the State Controller on property tax rates levied by those local agencies. Specifically, extends the filing deadline from October 15 to December 15 of each year.
Requires Riverside County to repay local agencies for the county property tax revenues it underallocated to those agencies between 1996-97 and 1999-2000.
Similar legislation is AB 1137 (Hollingsworth-R), which is in Assembly Appropriations Committee.
Creates a split property tax roll by allowing for more frequent reassessment of publicly-traded companies than for privately-held companies and residential properties.
Exempts the Kings County Fire District from the obligation to shift property tax revenues to the Educational Revenue Augmentation Fund in its county.
Allows owners of mobilehomes that are subject to property tax to file homeowners' and renters' assistance claims as either a homeowner or a renter.
Provides that in the case of an entity that provides both cable television and telephone service, allows the State Board of Equalization to assess only the telephone service property of that entity, and requires county assessors to assess the cable television property of that entity.
Allows Los Angeles County to use the amounts identified for transfer to special districts rather than actual amounts transferred when calculating revenue exemptions under ERAF.
Changes the annual time period used to calculate the inflation adjustment for the disabled veterans' property tax exemption program, and clarifies that the adjustment to the income limits for the program is to be compounded annually. Simplifies the appeals process for private railroad car taxpayers by eliminating the step of filing a declaration of intent to appeal a private railcar assessment.
Allows railroads to report their property holdings by county, rather than by individual tax rate area, for purposes of property taxation. Requires county auditors to make one-time adjustments to local jurisdictions' tax bases to incorporate revenue from railroad unitary property.
Requires each county, and the cities and special districts within that county, to enter into negotiations with respect to the allocation of a specified portion of the annual property tax increment.
Increases the City of Hesperia's share of the property tax and reduces the County of San Bernardino's share by an equivalent amount. This change phases in over four years, beginning in 2002-03.
Exempts agricultural equipment and farm vehicles from property tax.
Standardizes the assessment appeal rights of taxpayers who are subject of a property tax audit, as specified.
Relieves certain mobilehome park residents of additional property tax liability for escape assessments when the assessor failed to act. Forgives any outstanding tax bills, but prohibits refunds.
Exempts logging dollies, pole or pipe dollies and trailer buses within those listed vehicles from personal property taxation.
Deems correct property tax apportionment factors applied to property tax revenues in the County of Riverside through the 1995-96 fiscal year. Requires the County of Riverside, from the 2002-03 fiscal year to the 2007-08 fiscal year, inclusive, to reimburse local agencies that received property tax revenue apportionments from the 1996-97 fiscal year to the 1999-2000 fiscal year, inclusive, that were lower than the apportionments required by law.
Phases-out the property tax shifts to the Educational Revenue Augmentation Fund in each county over nine years, beginning in 2002-03, by freezing the shifts at declining percentages of the amounts shifted in 2000-01 over the phase-out period.
Appropriates funds from the General Fund to the State Controller to pay any qualified local agency that sites a new power plant facility within its jurisdiction on and after June 1, 2001, the equivalent of 25 percent of the amount of property tax revenue derived from that facility.
Similar legislation was AB 31XX (Cohn-D), which died in Assembly Revenue and Taxation Committee.
Sales Tax
Makes the 2001 one-quarter percent sales tax rate reduction permanent.
Expands sales tax exemption for property used in space flights to include property used in ground support activities and spaceport operations.
Extends the partial sales tax exemption for bunker fuel for ten years.
Eliminates the exclusion from the sales tax exemption any material that is not intended to be launched into space.
Reduces the sales tax base of new mobilehomes from 75 percent to 50 percent of the wholesale price.
Adds legislative findings to the Taxpayers' Bill of Rights, applicable to the Sales and Use Tax Law, that the purpose of any tax proceedings between the State Board of Equalization (BOE) and a taxpayer is determining the correct tax liability. States, in furtherance of the purpose, an intent that the BOE may inquire into and shall allow the taxpayers every opportunity to present all relevant information pertaining to the taxpayer's liability.
Provides a sales and use tax exemption for the sale of textbooks.
Expands the existing sales tax exemption for the sale or use of space flight property to equipment and materials used to launch, manufacture, fabricate, assemble, or process property to be used for assembly, launch or transport of space flight property.
Similar legislation is AB 1575* (Bill Campbell-R), which is in Assembly Revenue and Taxation Committee.
Exempts state and federal taxes on gasoline and diesel fuel from the sales tax.
Similar legislation is AB 37 (Strickland-R), which is in Assembly Revenue and Taxation Committee.
Provides for a sales tax exemption for the purchase of cogeneration equipment for dairy farm use.
Exempts from sales tax tangible property that is sold to the Flight Test Historical Foundation for its donation to the Air Force Flight Test Center Museum.
Exempts ultralow sulfur diesel fuel from sales tax and provides that the term "sales price" and "gross receipts" do not include the cost of diesel fuels to the extent it exceeds 75 cents per gallon at the terminal level.
Exempts the purchase of microturbines, fuel cells, photovoltaic cells of any other solar cells or panels, solar thermal water heating systems, wind energy equipment, and electrical generators operating on renewable biomass fuel from sales tax.
Establishes the place of retail sale of concrete by a concrete batch plant for purposes of allocating the Bradley-Burns portion of the sales tax.
Revises the wait requirement for the City of Sebastopol transactions and use tax. Requires the city council to approve on ordinance or resolution proposing a City of Sebastopol transactions and use tax by a two-thirds vote of all members and the voters to approve the tax by a majority vote of qualified voters of the City of Sebastopol voting in an election on the issue.
Extends the sunset date of January 1, 2002, for the sales tax exemption for retail items sold at thrift stores that support funding for services that benefit individuals with HIV or AIDS until January 1, 2007, and adds hospice care to the list of qualifying services.
Exempts from sales tax aircraft jet fuel sold to an aircraft jet fuel user, including air common carriers, at any airport located within an enterprise zone.
Extends the current exemption for insulin and insulin syringes to lancets and blood glucose strips sold for the treatment of diabetes, as directed by a physician. Further extends the exemption to the sale of such exempt items related to the treatment of diabetes, regardless whether they are furnished by a registered pharmacist or not. Provides for a partial sales tax exemption with respect to any herb, herbal journals or preparation, vitamins, mineral, dieting supplement, orthotic device, or naturally occurring substance included in the Encyclopedia of Chinese Natural Medicine that is used or furnished by him or her in the performance of his or her professional services.
A similar bill is AB 208* (Frommer-D), which related only to the acupuncture section of this bill, and is in Assembly Appropriations Committee.
Requires the prepayment of the retail sales tax on motor vehicle fuel and aircraft jet fuel to be paid at the first point of distribution. Conforms state law regarding excise tax on fuel to federal law allowing the state to accept electronic tax filing. Provides other cleanup provisions for Chapter 1053, Statutes of 2001, to conform state fuel excise tax law to federal law for the purpose of using federal reporting systems and sharing records.
Exempts, from the use tax, up to $500 of tangible personal property otherwise subject to California's use tax.
Allocates the local sales tax on concrete based on the location where the sale of the concrete is negotiated.
Eliminates the one-quarter percent component of the state sales and use tax rate.
Provides sales tax exemptions for liquefied petroleum gas, farm and forestry equipment, diesel fuel used in farming activities and for racehorse breeding stock. This is the tax relief budget trailer bill.
This bill incorporated AB 7* (Cardoza-D), relating to agricultural equipment, AB 984* (Briggs-R), relating to thoroughbred horse breeding stock, AB 1198* (Matthews-D), relating to liquefied petroleum gas, and AB 19X* (Briggs-R), relating to diesel fuel used in farming activitites.
Defines the shifting of sales tax revenues from the General Fund to the Transportation Congestion Relief Program for two years and extends the program for two years. This is a budget trailer bill.
The companion measure to this bill is ACA 4 (Dutra-D), which became Resolution Chapter 87, Statutes of 2001.
Exempts bronchodilators from sales tax.
Provides varying degrees of a partial sales tax exemption for the purchase of new, specifically identified low emission vehicles.
Provides a partial sales and use tax exemption for certain computer equipment purchased for use by computer software developers.
Expands the sales tax exemption for sales of medical supplies to surgical clinics and similar outpatient clinics.
Double-joined with AB 249 (Matthews-D), which was vetoed by the Governor.
Provides a state and local sales tax exemption for certain energy efficient residential and commercial appliances.
Exempts the definition of medicines exempted from sales tax.
Exempts transportation-related sale-leaseback transactions from the sales tax, regardless of when the original purchase occurs, until January 1, 2004, and requires a report on the exemption by January 1, 2003.
Exempts from state sales and use tax the gross receipts from the sale in this state of, and the storage, use, or other consumption in this state of, any items purchased by a K-12 public school. Specifies that this exemption does not apply to local sales or transactions and use taxes.
Updates the Transactions and Use Tax Law to reflect court rulings, initiative and constitutional amendments.
Provides for a sales tax exemption for the gross receipts from the sale of any article of clothing or footwear purchased for less than $200, as specified.
Similar legislation is AB 1185* (Mountjoy-D), which is in Assembly Revenue and Taxation Committee.
Exempts, from sales tax, textbooks purchased by students at an institution of higher education or from an entity where the primary purpose is to produce textbooks for college students.
Exempts diapers from sales tax.
Exempts certain solar energy systems from the state portion of sales tax.
Similar legislation was AB 58X (Cox-R) and AB 62XX (Cox-R), which died in Assembly Energy Costs and Availability Committee.
Exempts all sales and purchases of propane gas from sales tax.
Provides a sales tax exemption for specified types of machinery and equipment purchased by an eligible entity.
Exempts, from sales tax, candy, snack foods, gum and bottled water sold through vending machines.
Similar legislation is AB 893* (Bill Campbell-R), which is in Assembly Revenue and Taxation Committee.
Allows the purchaser's or lessee's United States Department of Transportation number or Single State Registration System filing as a substitute to the written evidence required under current law with regard to sales and use tax exemption, if the vehicle is licensed under the permanent trailer identification plate program and is used exclusively in interstate or foreign commerce, or both.
Includes equipment and materials used to build facilities designed to launch, manufacture, fabricate, assemble or process equipment that facilitates space flight launch sites within the sales tax exemption.
Provides a sales tax exemption for disposable surgical gowns and drapes made from nonwoven fabric.
Exempts diesel fuel from sales tax.
Amends the State Constitution to dedicate, for specified transportation purposes, the revenues collected from the state sales tax on gasoline, beginning in 2003-04. This measure is budget trailer legislation.
AB 438 (Assembly Budget Committee) is its companion bill, which became Chapter 113, Statutes of 2001.
Adds an exemption for generators installed under a specified interruptible contract of three years or more in duration.
Exempts residential and commercial appliances that are energy efficient.
Exempts energy efficient appliances and fluorescent light bulbs form sales tax.
Provides, for purposes of sales tax, that terms "sales price" and "gross receipts" do not include the cost of gasoline to the extent it exceeds $1.40 per gallon at the retail level.
Exempts motor fuel and diesel fuel from sales and use tax.
MiscellaneousProvides that the additional Vehicle License Fee (VLF) offset enacted as part of the 2000-2001 State Budget shall be reflected in the amount of VLF fee due from taxpayers, beginning on July 1, 2001, thereby eliminating the need for the state to issue rebate checks.
Creates an insurance tax credit for insurance companies that invest in certified capital companies.
Codifies the distributor's method of refunding tax on returned tobacco products by allowing them to net the tax on returned products against the tax liability.
Extends the California Internet Tax Freedom Act until January 1, 2004 contingent upon the submission of a report by the California Commission on Tax Policy in the New Economy to the Governor and Legislature.
Similar legislation is AB 228 (John Campbell-R), which is in Assembly Revenue and Taxation Committee.
Requires public records provided to members of the State Franchise Tax Board staff or an individual member pertaining to a matter to be discussed at a public hearing to be made available before the board takes any final action on the item, as specified.
Repeals the California estate tax and generation shipping transfer tax laws, except as provided.
Similar legislation is AB 1223* (Rod Pacheco-R), which is in Assembly Revenue and Taxation Committee.
Applies a diesel fuel tax exemption for a bus operation to a passenger stage corporation that is a charter-party carrier of passengers and operates under a public certificate on or after January 1, 1993.
Provides for the redistricting of State Board of Equalization districts.
Revises the interest calculation provisions for tax and fee programs administered by the State Board of Equalization so that the same rate of interest is applied to both underpayments and overpayments of tax.
Changes the hazardous waste generators' refund application taxes and allows reimbursements to taxpayers for third party check charges.
Similar legislation is AB 1126 (Assembly Revenue and Taxation Committee), which is in Assembly Appropriations Committee.
Precludes the imposition upon a vehicle of any vehicle license fee or any other tax in lieu of an ad valorem property tax.
Imposes an Electric Windfall Profits Tax on sellers of energy in California, as specified.
Similar legislation was SB 1XX (Soto-D), which failed passage on the Assembly Floor.
Requires any local utility user's tax, imposed on the consumption of gas or electricity, or both, by residential customer and small commercial customers to be imposed on a per unit of usage basis.
Similar legislation was SB 62XX (Poochigian-R), SB 69X (McClintock-R), and SB 69XX, which all died in Senate Local Government Committee; AB 120X (Matthews-D), which died at the Assembly Desk, and AB 32XX (Matthews-D), which died in Assembly Revenue and Taxation Committee.
Allows the Santa Clara Valley Water District to grant specified exemptions to spend taxes for residential parcels owned or occupied by taxpayers who are at least 65 years or older, as specified.
Permits the State Board of Equalization (BOE) to verify address information submitted to it by a debt collector seeking verification of the address of a BOE licensee or registrant for purposes of debt collection.
Prohibits any city, including a charter city, city and county, or county, from requiring an employee t obtain a business license or home business occupation permit for, or imposing a business tax or registration fee based on income earned for services performed for an employer by the employee in an employment relationship. Becomes operative only if AB 63 (Cedillo) is enacted and becomes effective on or before January 1, 2002.
Exempts from the state's diesel fuel excise tax, diesel fuel used in energy vehicles operated by local police or firefighting agencies.
Reduces the California Tire Fee late penalty fee, from 20 percent to 10 percent, to conform to other late penalty fees charged by the State Board of Equalization. Corrects a chaptering out error relative to changing the collection point for motor vehicle fuel taxes starting January 1, 2002.
Allows the State Board of Equalization to accept electronic returns for all of the special taxes it administers, changes the hazardous waste generators refund application dates, and allows reimbursement to taxpayers for third party check charges.
Imposes a windfall profits tax on electrical businesses, including power generators that sell electricity for an excessive profit.
Similar legislation was AB 2XX (Corbett-D), which failed passage on the Assembly Floor.
Exempts the water portion of a diesel fuel water emission from the excise tax on diesel fuel. Sunsets January 1, 2007. Double-joined with AB 309 (Longville-D).
Index (in Bill Order)| Bill | Author and Bill Title | Reference Links |
|
SB 12* |
Chesbro-D Property tax: earthquake relief |
|
|
SB 13* |
McClintock-R Sales tax: rate reduction |
|
|
SB 14 |
Peace-D Budget Acts of 1999 and 2000: augmentations and tax relief |
|
|
SB 22* |
Chesbro-D Vehicle license fee offsets |
|
|
SB 24 |
Polanco-D Financial investments |
|
|
SB 44* |
Alpert-D Income Tax Scholarshare Contributions |
|
|
SB 48* |
McClintock-R Income tax: renters tax credit |
|
|
SB 49* |
Speier-D Income taxes: gifts |
|
|
SB 73* |
Dunn-D Low-income housing tax credit |
|
|
SB 74 |
Speier-D Property tax revenue shifts: libraries |
|
|
SB 76* |
O'Connell-D Sales tax exemption: space flight |
|
|
SB 92 |
Torlakson-D Property tax revenue shifts: fire districts |
|
|
SB 93 |
Figueroa-D Property tax revenue shifts: park districts |
|
|
SB 94 |
Torlakson-D Educational Revenue Augmentation Fund (ERAF): libraries |
|
|
SB 114* |
Haynes-R Alternative minimum tax |
|
|
SB 121* |
Murray-D Tax credit: Internet |
|
|
SB 145* |
Perata-D Sales tax exemption: bunker fuel |
|
|
SB 154* |
Haynes-R Sales tax exemption: space flight |
|
|
SB 155* |
Oller-R Income taxes credit: drugs |
|
|
SB 175* |
Torlakson-D Sales tax exemption: mobilehomes |
|
|
SB 198* |
Chesbro-D Property tax exemption: nonprofit organizations |
|
|
SB 210 |
Senate Local Government Committee Delinquent property taxes |
|
|
SB 215* |
Burton-D Income tax return: peace officers |
|
|
SB 218* |
Dunn-D Senior citizens' tax assistance |
|
|
SB 219 |
Scott-D Property tax assessment appeals |
|
|
SB 220 |
Oller-R Tax credit: electrical generators |
|
|
SB 268* |
Dunn-D Tax credit: English-as-a-second-language |
|
|
SB 294 |
Scott-D Firearms and victim programs |
|
|
SB 306* |
Poochigian-R Property tax exemption: underground storage tanks |
|
|
SB 312* |
Alpert-D Cigarette and tobacco products taxes: returned products |
|
|
SB 324 |
Ackerman-R Corporations: tax liabilities |
|
|
SB 347* |
O'Connell-D Education |
|
|
SB 366 |
Haynes-R Taxation: innocent investors |
|
|
SB 376* |
Johnson-R Corporation taxes: minimum franchise tax |
|
|
SB 394 |
Sher-D Internet Tax Freedom Act: continuation |
|
|
SB 401* |
Soto-D Homeownership tax credit |
|
|
SB 409* |
Vincent-D Tax credits: qualified deposits |
|
|
SB 415 |
Dunn-D Taxation: electronic filing |
|
|
SB 435* |
Monteith-R Tax credits: irrigation |
|
|
SB 445 |
Burton-D Taxation: taxpayers' bill of rights |
|
|
SB 452 |
Oller-R Educational Revenue Augmentation Fund: ambulance services |
|
|
SB 456* |
Speier-D Health insurance |
|
|
SB 536* |
Oller-R Educational Revenue Augmentation Fund allocation |
|
|
SB 546* |
McClintock-R Sales and tax exemption: textbooks |
|
|
SB 553* |
Vincent-D Tax credits: qualified contributions |
|
|
SB 558* |
Morrow-R Tax credits: education |
|
|
SB 559* |
Morrow-R Manufacturers' Investment Tax Credit |
|
|
SB 571* |
Morrow-R Excessive Energy Costs Tax Credit |
|
|
SB 595* |
Chesbro-D Manufacturing Equipment Tax Credit |
|
|
SB 607* |
Oller-R Taxes: net operating losses |
|
|
SB 630* |
Poochigian-R Income tax credit: low performing schools |
|
|
SB 640* |
Knight-R Sales tax exemption: space flight |
|
|
SB 653* |
Haynes-R Estate and generation skipping transfer taxes |
|
|
SB 654* |
Haynes-R Taxation: credits: electricity conservation |
|
|
SB 657* |
Scott-D Bank and corporation taxes: water's-edge election |
|
|
SB 677* |
McPherson-R Tax credits: seismic safety |
|
|
SB 704 |
Knight-R Taxation: interest |
|