CA AB2854

Requires local agencies to annually report to the California Department of Tax and Fee Administration by April 30 about agreements involving direct or indirect payment, transfer, diversion, or rebate of Bradley-Burns local sales and use tax revenues

Mandates local agencies publish reported information on their internet websites with a visible hyperlink on the home page, or report that no such agreements existed in the preceding fiscal year

Imposes penalties of $1,000 per day (days 1-180) and $4,000 per day (days 181-365) on local agencies that fail to timely provide information to the department or publish it online, up to 365 days after the deadline

Requires the California Department of Tax and Fee Administration to publish all submitted agreement information on its website by June 1, 2025, and annually thereafter

Allows the department to grant up to a 30-day extension for compliance if a local agency demonstrates reasonable cause and circumstances beyond its control, excluding claims that information is confidential