Wesley Chesbro
- Democratic
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 June 30, 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. This bill would repeal the provision relating to the sunset date and repeal of the additional 0.15% tax, thereby depositing additional moneys into a continuously appropriated fund. This bill would declare that it is to take effect immediately as an urgency statute.
No votes to display
Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
Referred to Coms. on REV. & TAX. and PUB. S.
Read first time.
From printer. May be heard in committee January 13.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB66 | HTML |
| 12/13/10 - Introduced |
| Document | Format |
|---|---|
| No related documents. |
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