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CA AB213

Bill

Status

Engrossed

5/23/2019

Primary Sponsor

Rebecca Bauer-Kahan

Click for details

Origin

State Assembly

2019-2020 Session

AI Summary

  • For the 2019–20 fiscal year, modifies the vehicle license fee adjustment amount to include the prior year's adjustment amount plus growth based on assessed valuation changes, plus a one-time adjustment equal to the July 2010 motor vehicle license fee allocation multiplied by 1.17.

  • For the 2020–21 fiscal year and thereafter, establishes the vehicle license fee adjustment amount as the prior year's amount plus the product of that amount and the percentage change in gross taxable assessed valuation.

  • Changes the calculation period for the standard formula from "each fiscal year thereafter" (starting 2006–07) to end in the 2018–19 fiscal year, with new formulas applying starting in 2019–20.

  • Increases the County of Orange's vehicle license fee adjustment amount calculation to account for a $53 million one-time increase granted in the 2013–14 fiscal year in all subsequent year calculations.

  • Imposes state-mandated local program duties on county auditors regarding allocation of ad valorem property tax revenues, with reimbursement to be made pursuant to existing statutory procedures if the Commission on State Mandates determines costs are incurred.

Legislative Description

Local government finance: property tax revenue allocations: vehicle license fee adjustments.

Last Action

In committee: Held under submission.

8/30/2019

Committee Referrals

Appropriations6/26/2019
Governance and Finance6/6/2019
Rules5/24/2019
Appropriations4/4/2019
Local Government2/4/2019

Full Bill Text

No bill text available