Al Muratsuchi
- Democratic
- Assemblymember
- District 66
Author
The California Constitution authorizes the Legislature to classify personal property for differential taxation or for exemption by means of a statute approved by a 23 vote of the membership of each house. Pursuant to this constitutional authorization, this bill would, for the January 1, 2014, lien date to, and including, the January 1, 2024, lien date, exempt qualified property, as defined, for use in space flight. By imposing new duties upon local tax officials with respect to the personal property tax exemption described above, this bill would impose a state-mandated local program. This bill would make a legislative finding and declaration as to the public purpose served by the bill. 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, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to these statutory provisions. Section 2229 of the Revenue and Taxation Code requires the Legislature to reimburse local agencies annually for certain property tax revenues lost as a result of any exemption or classification of property for purposes of ad valorem property taxation. This bill would provide that, notwithstanding Section 2229 of the Revenue and Taxation Code, no appropriation is made and the state shall not reimburse local agencies for property tax revenues lost by them pursuant to the bill. This bill would take effect immediately as a tax levy.
Enrolled and presented to the Governor at 1:35 p.m.
Chaptered by Secretary of State - Chapter 13, Statutes of 2014.
Approved by the Governor.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 70. Noes 2. Page 4580.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after April 22 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 2. Page 3145.).
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 7. Noes 0.) (April 7).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (February 26). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on GOV. & F.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 5. Page 3720.)
From committee: Do pass. (Ayes 16. Noes 0.) (January 23).
Read second time. Ordered to third reading.
From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.
In committee: Hearing postponed by committee.
In committee: Set, first hearing. Referred to APPR. suspense file.
Read second time and amended.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (May 13).
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
In committee: Hearing postponed by committee.
From committee: Be re-referred to Com. on REV. & TAX. Re-referred. (Ayes 9. Noes 0.) (April 18). Re-referred to Com. on REV. & TAX.
Re-referred to Com. on RLS. pursuant to Assembly Rule 96.
From committee chair, with author's amendments: Amend, and re-refer to Com. on ED. Read second time and amended.
From committee chair, with author's amendments: Amend, and re-refer to Com. on ED. Read second time and amended.
From printer. May be heard in committee March 24.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB777 | HTML |
| 02/21/13 - Introduced | |
| 03/19/13 - Amended Assembly | |
| 04/16/13 - Amended Assembly | |
| 05/21/13 - Amended Assembly | |
| 08/26/13 - Amended Assembly | |
| 02/19/14 - Amended Senate | |
| 04/29/14 - Enrolled | |
| 04/29/14 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.
If you notice any inconsistencies with these official sources, feel free to file an issue.