Alex Padilla
- Democratic
Author
The California Alternative Energy and Advanced Transportation Financing Authority Act established the California Alternative Energy and Advanced Transportation Financing Authority. The authority is authorized to do all things necessary and convenient to carry out the purposes of the act. The authority is also required to establish a renewable energy program to provide financial assistance, as defined, to certain entities for projects to generate new and renewable energy sources, develop clean and efficient distributed generation, and demonstrate the economic feasibility of new technologies. Existing law provides that the transfer of title of tangible personal property constituting a project under the act to the authority by a participating party, or the lease or transfer of tangible personal property constituting a project under the act by the authority to a participating party pursuant to the act is not a "sale" or "purchase" for the purposes of the Sales and Use Tax Law. This bill would, for purposes of the act until January 1, 2021, expand the definition of "alternative sources" and "projects," as specified. The bill would, until January 1, 2021, authorize the authority to evaluate project applications, and to approve projects, as defined, for financial assistance under the existing exclusion from a "sale" or "purchase" subject to sales or use tax, as provided. This bill would require the Legislative Analyst's Office to submit a report to the Joint Legislative Budget Committee, as provided. The Bradley-Burns Uniform Local Sales and Use Tax Law authorizes counties and cities to impose local sales and use taxes in conformity with the Sales and Use Tax Law, and districts, as specified, may impose transactions and use taxes in accordance with the Transactions and Use Tax Law, which conforms to the Sales and Use Tax Law. Amendments to the Sales and Use Tax Law are automatically incorporated into these laws. Section 2230 of the Revenue and Taxation Code provides that the state will reimburse counties and cities for revenue losses caused by the enactment of sales and use tax exemptions. This bill would provide that, notwithstanding Section 2230 of the Revenue and Taxation Code, no appropriation is made and the state shall not reimburse local agencies for sales and use tax revenues lost by them pursuant to this bill. This bill would declare that it is to take effect immediately as an urgency statute.
Chaptered by Secretary of State. Chapter 10, Statutes of 2010.
Approved by Governor.
Enrolled. To Governor at 11:45 a.m.
Unanimous consent granted to consider without reference to file.
From inactive file to third reading file.
Read third time. Amended. (Page 4357.)
(March 22 amended version corrected March 23.)
Re-referred to Com. On BUDGET pursuant to Assembly Rule 77.2.
Joint Rule 62(a) suspended. (Page 4357.)
From committee: Do pass. (Ayes 16. Noes 0.)
(Heard in committee on March 22.)
Read second time. To third reading.
Read third time. Amended. (Page 4360.) To third reading.
Read third time. Urgency clause adopted. Passed. (Ayes 74. Noes 0. Page 4360.) To Senate.
In Senate. To unfinished business.
Re-referred to Com. on B. & F.R. pursuant to Joint Rule 10.5.
From committee: That the Assembly amendments be concurred in. (Ayes 13. Noes 0. Page 2985.)
Urgency clause adopted.
Senate concurs in Assembly amendments. (Ayes 36. Noes 0. Page 2984.) To enrollment.
Notice of motion to remove from inactive file given by Assembly Member Torrico.
Placed on inactive file on request of Assembly Member Torrico.
From inactive file to third reading file.
Notice of motion to remove from inactive file given by Assembly Member Krekorian.
Placed on inactive file on request of Assembly Member Krekorian.
Read second time. To third reading.
Placed on second reading file.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 22. Noes 14. Page 512.) To Assembly.
Read second time. To third reading.
Placed on second reading file.
Withdrawn from committee.
To Com. on RLS.
Read first time.
From print. May be acted upon on or after February 20.
Introduced. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB71 | HTML |
| 01/20/09 - Introduced | |
| 03/22/10 - Amended Assembly | |
| 03/22/10 - Enrolled | |
| 03/24/10 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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