SB 1329

  • California Senate Bill
  • 2015-2016 Regular Session
  • Introduced in Senate Feb 19, 2016
  • Passed Senate Jun 01, 2016
  • Assembly
  • Governor

Property taxation: certificated aircraft.

Abstract

Existing property tax law requires the personal property of an air carrier to be taxed at its fair market value, and the California Constitution requires property subject to ad valorem property taxation to be assessed in the county in which it is situated. Existing law, for the 2005–06 fiscal year to the 2016–17 fiscal year, inclusive, specifies a formula to determine the fair market value of certificated aircraft of a commercial air carrier, and rebuttably presumes that the amount determined pursuant to this formula is the fair market value of the certificated aircraft.12 of the percentage decrease between the original cost and 90% of the value, as specified."?> Existing law, until December 31, 2016, requires the Aircraft Advisory Subcommittee of the California Assessors' Association to designate, after soliciting input from commercial air carriers operating in the state, a lead county assessor's office for each commercial air carrier operating certificated aircraft in this state in an assessment year, and requires the lead county assessor to calculate the value of the air carrier's personal property and to transmit these calculations to other county assessors, but specifies that each county assessor is responsible for assessing and enrolling the taxable value of the property in his or her county, as provided. Existing law, until December 31, 2016, also requires the lead county assessor's office to lead a team to audit the books and records of commercial air carriers and requires a commercial air carrier that receives a notice of the designation of a lead county assessor's office to file one signed property statement with the lead county assessor's office for its personal property at all airport locations and fixtures at all airport locations. This bill would extend the 2016–17 fiscal year termination date to the 2017–18 fiscal year and the December 31, 2016, inoperative or repeal date to December 31, 2017, for the above-described provisions relating to the determination of the fair market value and taxation of certificated aircraft. By extending the application of the aforementioned valuation process for certificated aircraft beyond the 2016–17 fiscal year, thereby imposing new duties upon a lead county assessor's office, the bill would impose a state-mandated local program. 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.

Bill Sponsors (1)

Votes


Actions


Aug 23, 2016

Assembly

Ordered to inactive file on request of Assembly Member Nazarian.

Aug 15, 2016

Assembly

Read second time. Ordered to third reading.

Aug 12, 2016

Assembly

From committee: Do pass. (Ayes 15. Noes 0.) (August 11).

Aug 03, 2016

Assembly

August 3 set for first hearing. Placed on APPR. suspense file.

Jun 22, 2016

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 20). Re-referred to Com. on APPR.

  • Referral-Committee
  • Committee-Passage-Favorable
  • Committee-Passage
Com. on APPR.

Jun 20, 2016

Assembly

June 20 set for first hearing. Placed on REV. & TAX. suspense file.

Jun 09, 2016

Assembly

Referred to Com. on REV. & TAX.

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

Jun 02, 2016

Assembly

In Assembly. Read first time. Held at Desk.

Jun 01, 2016

Senate

Read third time. Passed. (Ayes 37. Noes 1. Page 4109.) Ordered to the Assembly.

May 31, 2016

Senate

Read second time and amended. Ordered to third reading.

May 27, 2016

Senate

From committee: Do pass as amended. (Ayes 7. Noes 0. Page 4008.) (May 27).

May 20, 2016

Senate

Set for hearing May 27.

May 16, 2016

Senate

May 16 hearing: Placed on APPR. suspense file.

May 10, 2016

Senate

Set for hearing May 16.

May 09, 2016

Senate

May 9 set for first hearing canceled at the request of author.

Apr 29, 2016

Senate

Set for hearing May 9.

Apr 26, 2016

Senate

Read second time and amended. Re-referred to Com. on APPR.

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

Apr 25, 2016

Senate

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 4. Noes 2. Page 3611.) (April 19).

Apr 18, 2016

Senate

Re-referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Apr 15, 2016

Senate

Set for hearing April 19 in JUD. pending receipt.

Apr 14, 2016

Senate

Read second time and amended. Re-referred to Com. on RLS.

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

Apr 13, 2016

Senate

From committee: Do pass as amended and re-refer to Com. on RLS. (Ayes 5. Noes 0. Page 3518.) (April 13).

Apr 05, 2016

Senate

Set for hearing April 13.

Mar 28, 2016

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.

  • Referral-Committee
  • Reading-2
  • Amendment-Passage
  • Committee-Passage
  • Reading-1
Com. on GOV. & F.

Mar 03, 2016

Senate

Referred to Com. on GOV. & F.

  • Referral-Committee
Com. on GOV. & F.

Feb 22, 2016

Senate

From printer. May be acted upon on or after March 23.

Senate

Read first time.

Feb 19, 2016

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB1329 HTML
02/19/16 - Introduced PDF
03/28/16 - Amended Senate PDF
04/14/16 - Amended Senate PDF
04/26/16 - Amended Senate PDF
05/31/16 - Amended Senate PDF

Related Documents

Document Format
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Sources

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