CA AB2691

Limits sales tax on wireless communication devices sold in bundled transactions with wireless service to the bundled sales price, rather than the unbundled device price.

Defines "bundled transaction" as a retail sale requiring the customer to activate or contract with a wireless telecommunications service provider for a period greater than one month.

Applies to portable communication devices such as wireless telephones and pagers that require activation by a wireless service provider.

Exempts the state from reimbursing local agencies or counties for any sales and use tax revenue losses resulting from this bill, notwithstanding existing reimbursement requirements under Section 2230 of the Revenue and Taxation Code.

Takes effect immediately as a tax levy.