AB 656

  • California Assembly Bill
  • 2009-2010 Regular Session
  • Introduced in Assembly
  • Passed Assembly Jan 27, 2010
  • Senate
  • Governor

California Higher Education Endowment Corporation: oil and gas severance tax.

Abstract

(1) Existing law establishes the University of California, under the administration of the Regents of the University of California, the California State University, under the administration of the Trustees of the California State University, and the California Community Colleges, under the administration of the Board of Governors of the California Community Colleges, as the 3 segments of public postsecondary education in this state. This bill would establish the California Higher Education Endowment Corporation (CHEEC) in state government. The bill would establish an oversight board to govern the CHEEC and would require that board to appoint the chief executive officer of the CHEEC. The bill would require the CHEEC to annually allocate the moneys in the continuously appropriated California Higher Education Fund, which would be created by the bill, to the California Community Colleges, the California State University, and the University of California, as specified. The bill also would authorize the board to invest the moneys in the fund in accordance with prescribed procedures. (2) Existing law imposes various taxes, including taxes on the privilege of engaging in certain activities. The Fee Collection Procedures Law, the violation of which is a crime, provides procedures for the collection of certain fees and surcharges. This bill would impose an oil and gas severance tax upon any producer, except as provided, for the privilege of severing oil or gas from the earth or water in this state for sale, transport, consumption, storage, profit, or use, as provided, at a rate of 12.5% of the gross value of the product. The tax would be administered by the State Board of Equalization and would be collected pursuant to the procedures set forth in the Fee Collection Procedures Law. The bill would require the board to deposit all taxes, penalties, and interest collected pursuant to these provisions in the California Higher Education Fund, as provided. Because this bill would expand application of the Fee Collection Procedures Law, the violation of which is a crime, it would impose a state-mandated local program. (3) The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason. (4) This bill would declare that it is to take effect immediately as an urgency statute.

Bill Sponsors (13)

Votes


Actions


Nov 30, 2010

Senate

From Senate committee without further action.

Jun 22, 2010

Senate

In committee: Set, second hearing. Hearing canceled at the request of author.

Jun 09, 2010

Senate

In committee: Set, first hearing. Hearing canceled at the request of author.

Apr 22, 2010

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on ED.

  • Amendment-Introduction
  • Reading-2
  • Amendment-Passage
  • Referral-Committee
  • Reading-1
Com. on ED.

Mar 17, 2010

Senate

Re-referred to Coms. on ED. and REV. & TAX.

  • Referral-Committee
Coms. on ED. and REV. & TAX.

Mar 08, 2010

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS.

  • Amendment-Introduction
  • Reading-2
  • Amendment-Passage
  • Referral-Committee
  • Reading-1
Com. on RLS.

Feb 11, 2010

Senate

Referred to Com. on RLS.

  • Referral-Committee
Com. on RLS.

Jan 28, 2010

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Jan 27, 2010

Assembly

Read third time, passed, and to Senate. (Ayes 41. Noes 28. Page 3903.)

Jan 26, 2010

Assembly

Read second time. To third reading.

Jan 25, 2010

Assembly

Read second time and amended. Ordered returned to second reading.

Jan 21, 2010

Assembly

From committee: Amend, and do pass as amended. (Ayes 12. Noes 5.) (January 21).

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

Jan 15, 2010

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

Jan 14, 2010

Assembly

Read second time and amended.

Jan 13, 2010

Assembly

From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 5. Noes 2.) (January 11).

Jan 11, 2010

Assembly

In committee: Set, first hearing. Referred to REV. & TAX. suspense file.

  • Referral-Committee
REV. & TAX. suspense file. REV. & TAX

Jan 04, 2010

Assembly

Re-referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.

Jul 13, 2009

Assembly

Re-referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Jul 09, 2009

Assembly

Read second time and amended.

Jul 08, 2009

Assembly

From committee: Amend, do pass as amended, and re-refer to Com. on REV. & TAX. (Ayes 5. Noes 3.) (July 7).

Jun 24, 2009

Assembly

In committee: Set, second hearing. Further hearing to be set.

May 05, 2009

Assembly

In committee: Set, first hearing. Hearing canceled at the request of author.

Apr 13, 2009

Assembly

Re-referred to Com. on HIGHER ED. by unanimous consent, and then be re-referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on HIGHER ED. by unanimous consent, and then be re-referred to Com. on REV. & TAX.

Mar 23, 2009

Assembly

Referred to Coms. on REV. & TAX. and HIGHER ED.

  • Referral-Committee
Coms. on REV. & TAX. and HIGHER ED.

Feb 26, 2009

Assembly

From printer. May be heard in committee March 28.

Feb 25, 2009

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB656 HTML
02/25/09 - Introduced PDF
07/09/09 - Amended Assembly PDF
01/04/10 - Amended Assembly PDF
01/14/10 - Amended Assembly PDF
01/25/10 - Amended Assembly PDF
03/08/10 - Amended Senate PDF
04/22/10 - Amended Senate PDF

Related Documents

Document Format
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Sources

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