Dan Logue
- Republican
Author
The Vehicle License Fee Law, in lieu of any ad valorem property tax upon vehicles, imposes an annual license fee for any vehicle subject to registration in this state in the amount of 1% of the market value of that vehicle, as provided, for a specified amount of time. Existing law also, until July 1, 2011, imposes an additional tax equal to 0.15% of the market value of specified vehicles, as determined by the Department of Motor Vehicles, to the vehicle license fee, to be deposited in the General Fund and transferred to the Local Safety and Protection Account, a continuously appropriated fund. Existing law provides that money in the account shall be allocated for various public safety programs, as provided. This bill would, beginning July 1, 2011, and each July 1 thereafter for a transfer $500,000,000 from the General Fund to the account total of 5 years, as provided. By transferring funds to a continuously appropriated fund, this bill would make an appropriation. This bill would declare that it is to take effect immediately as an urgency statute.
No votes to display
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
In committee: Set, second hearing. Held under submission.
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
In committee: Hearing postponed by committee.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
Referred to Coms. on REV. & TAX. and PUB. S.
From printer. May be heard in committee February 26.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB192 | HTML |
| 01/26/11 - Introduced | |
| 02/22/11 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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