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CA SB898

Bill

Status

Vetoed

9/13/2016

Primary Sponsor

Janet Nguyen

Click for details

Origin

Senate

2015-2016 Session

AI Summary

  • Exempts from California sales and use taxes the gross receipts from sales of animal whole blood, plasma, blood products, and blood derivatives sold by nonprofit animal blood banking organizations for use in treating or preventing injury or disease in animals under Food and Agricultural Code Section 9241

  • Defines "nonprofit" as organizations exempt from federal income taxation under Internal Revenue Code Section 501(c)(3)

  • Exemption remains in effect only until January 1, 2022, when it automatically repeals

  • State shall not reimburse cities and counties for any sales and use tax revenue losses resulting from this exemption, notwithstanding existing reimbursement requirements

Legislative Description

Sales and use taxes: exemption: animal blood.

Last Action

Last day to consider Governor's veto pursuant to Joint Rule 58.5.

11/30/2016

Committee Referrals

Appropriations6/23/2016
Revenue and Taxation6/9/2016
Appropriations4/20/2016
Governance and Finance4/7/2016
Rules1/21/2016

Full Bill Text

No bill text available