CA AB2788

Repeals existing sales and use tax exemption for new or remanufactured trucks, truck tractors, semitrailers, or trailers purchased from out-of-state dealers and delivered within California.

Creates consolidated exemption for new or remanufactured trucks, truck tractors, trailers, semitrailers, trailer coaches, and auxiliary dollies manufactured inside or outside California, purchased for use outside the state, if moved out of state within 75 days of delivery.

Requires purchasers to provide written evidence of out-of-state license and registration (or affidavit stating registration not required) and purchaser affidavit confirming exclusive out-of-state use and timely removal from California.

Prohibits state reimbursement to local agencies for sales and use tax revenue losses resulting from this bill, notwithstanding Section 2230 of the Revenue and Taxation Code.

Takes effect immediately as a tax levy.