CA SB1041

Remove the January 1, 2024 expiration date for the sales and use tax exemption on tangible personal property sold by thrift stores located on military installations and operated by designated military welfare entities.

Require the California Department of Tax and Fee Administration to submit a report to the Legislature by January 1, 2028 evaluating the exemption's effectiveness based on charitable giving by aid recipients and the number of service members receiving assistance.

Prohibit the state from reimbursing local agencies for sales and use tax revenue losses resulting from this exemption, notwithstanding existing reimbursement requirements.

Make the bill effective immediately as a tax levy under the California Constitution.