CA SB624

Increases the percentage of gross receipts from sales and use tax at state-designated fairs allocated to the Fair and Exposition Fund from 0.75% to 3.5%

Requires $2,500,000 annually (or 5% of the fund, whichever is greater) from the Fair and Exposition Fund to be paid to the Department of Food and Agriculture for administrative services to fairs

Requires $500,000 annually (adjusted for inflation) from the Fair and Exposition Fund to be paid to the nonprofit organization representing California fairs for professional services including leadership development, education, and advocacy

Mandates the Secretary of Food and Agriculture to prepare an annual expenditure plan by May 15 for Fair and Exposition Fund allocations, subject to review and approval by the Joint Committee on Fairs Allocation and Classification

Declares the bill an urgency statute to take effect immediately to ensure fairground infrastructure remains financially solvent for emergency management activities