CA SB531

Prohibits local agencies from entering into agreements that divert Bradley-Burns local sales tax revenues to retailers in exchange for locating or maintaining a place of business within the agency's jurisdiction, effective January 1, 2020.

Extends existing restrictions on tax revenue diversions that reduce revenues to other local agencies where the retailer maintains physical presence in those other agencies.

Requires local agencies to post proposed tax revenue diversion agreements on their websites for 30 days before approval and notify affected agencies by certified mail at least 60 days in advance.

Exempts mutual tax revenue sharing agreements between local agencies and use tax direct payment permits from these restrictions.

Applies to all cities, including charter cities, as a matter of statewide concern rather than a municipal affair.