Amended  IN  Senate  April 09, 2018
Amended  IN  Senate  June 26, 2017
Amended  IN  Assembly  May 02, 2017
Amended  IN  Assembly  February 28, 2017

CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill No. 162

Introduced by Assembly Members Member Cervantes and Quirk-Silva
(Coauthors: Assembly Members Aguiar-Curry, Bocanegra, Cristina Garcia, Eduardo Garcia, Kalra, Limón, Low, Medina, Reyes, Rodriguez, Salas, and Santiago)

January 13, 2017

An act to amend Sections 17059.2 and 23689 of the Revenue and Taxation Code, relating to taxation. An act to add Section 21655.4 to the Vehicle Code, relating to transportation.


LEGISLATIVE COUNSEL'S DIGEST


AB 162, as amended, Cervantes. Income taxation: credits. High-occupancy vehicle lanes: County of Riverside.
Existing law authorizes the Department of Transportation to designate certain lanes for the exclusive or preferential use of high-occupancy vehicles. When those exclusive or preferential use lanes are established and double parallel solid lines are in place to the right thereof, existing law prohibits any person driving a vehicle from crossing over those double lines to enter into or exit from the lanes, and entrance into or exit from those lanes is authorized only in areas designated for these purposes or where a single broken line is in place to the right of the lanes, except as specified. Existing law authorizes a regional transportation agency, in cooperation with the Department of Transportation, to apply to the California Transportation Commission to develop and operate high-occupancy toll (HOT) lanes, including administration and operation of a value pricing program and exclusive or preferential lane facilities for public transit. Existing law authorizes a value pricing and transit program involving HOT lanes to be developed and operated on State Highway Route 15 in Riverside County by the Riverside County Transportation Commission.
This bill would prohibit all high-occupancy vehicle lanes in the County of Riverside, except for HOT lanes, from using double parallel solid lines to restrict the entrance into or exit from those lanes, and would require any existing double parallel solid lines to be removed from those lanes.
This bill would make legislative findings and declarations as to the necessity of a special statute for the County of Riverside.

Existing law allows a credit against the taxes imposed under the Corporation Tax Law and the Personal Income Tax Law for each taxable year beginning on or after January 1, 2014, and before January 1, 2025, in an amount as provided in a written agreement between the Governor’s Office of Business and Economic Development and the taxpayer, agreed upon by the California Competes Tax Credit Committee, and based on specified factors, including the number of jobs the taxpayer will create or retain in the state and the amount of investment in the state by the taxpayer. Existing law provides for the allocation of credit amounts through the 2017–18 fiscal year and limits the aggregate amount of credit that may be allocated in a fiscal year. Existing law defines “small business” for these purposes as a trade or business, except as specified, that has an aggregate gross receipts, less returns and allowances reportable to the state, of less than $2,000,000 during the previous taxable year.

This bill, to be known as the Small Business Tax Cut Act of 2017, would, for allocations for the 2018–19 fiscal year and each fiscal year thereafter, define “small business” as having 50 or fewer full-time equivalent employees, on average, in the current and 2 preceding tax years.

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 21655.4 is added to the Vehicle Code, to read:

21655.4.
 All high-occupancy vehicle lanes in the County of Riverside, except for high-occupancy toll lanes established pursuant to Section 149.7 or 149.8 of the Streets and Highways Code, shall not use double parallel solid lines to restrict the entrance into or exit from those lanes, and any existing double parallel solid lines shall be removed from those lanes.

SEC. 2.

 The Legislature finds and declares that a special statute is necessary and that a general statute cannot be made applicable within the meaning of Section 16 of Article IV of the California Constitution because of the unique traffic circumstances in the County of Riverside.