Bill Text: CA AB588 | 2009-2010 | Regular Session | Introduced
Bill Title: Local government finance.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2010-02-02 - Died at Desk. [AB588 Detail]
Download: California-2009-AB588-Introduced.html
BILL NUMBER: AB 588 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Cook
FEBRUARY 25, 2009
An act to amend Section 11005 of the Revenue and Taxation Code,
relating to local government finance.
LEGISLATIVE COUNSEL'S DIGEST
AB 588, as introduced, Cook. Local government finance.
The Vehicle License Fee Law establishes, in lieu of any ad valorem
property tax upon vehicles, an annual license fee for any vehicle
subject to registration in this state. Under existing law, the
Controller is required to allocate vehicle license fee revenues in
the Motor Vehicle License Fee Account in a specified order, as
provided.
This bill would make a technical, nonsubstantive change to that
provision.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 11005 of the Revenue and Taxation Code is
amended to read:
11005. After payment of refunds therefrom and after making the
deductions authorized by Section 11003 and reserving the amount
determined necessary by the Pooled Money Investment Board to meet the
transfers ordered or proposed to be ordered pursuant to Section
16310 of the Government Code, commencing with the 2004-05 fiscal
year, the balance of all motor vehicle license fees and any other
money appropriated by law for expenditure pursuant to this section
and deposited to the credit of the Motor Vehicle License Fee Account
in the Transportation Tax Fund and remaining unexpended therein at
the close of business on the last day of the calendar month, shall be
allocated by the Controller by the 10th day of the following month
in accordance with the following:
(a) First, to the County of Orange. For the 2004-05 fiscal year,
that county shall be allocated fifty-four million dollars
($54,000,000) in monthly installments. For the 2005-06 fiscal year
and each fiscal year thereafter, that county shall receive, in
monthly installments, an amount equal to the amount allocated under
this section for the prior fiscal year, adjusted for the percentage
change in the amount of revenues credited to the Motor Vehicle
License Fee Account in the Transportation Tax Fund from the revenues
credited to that account in the prior fiscal year. Moneys allocated
to the County of Orange under this subdivision shall be used first
for the service of indebtedness as provided in
by paragraph (1) of subdivision (a) of Section 11001.5.
Any amounts in excess of the amount required for this service of
indebtedness may be used by that county for any lawful purpose.
(b) Second, to each city, the population of which is determined
under Section 11005.3 on August 5, 2004, in an amount equal to the
additional amount of vehicle license fee revenue, including offset
transfers, that would be allocated to that city under Sections 11000
and 11005, as those sections read on January 1, 2004, as a result of
that city's population being determined under subdivision (a) or (b)
of Section 11005.3.
(c) Third, to each city that was incorporated from an
unincorporated territory after August 5, 2004, in an amount equal to
the product of the following two amounts:
(1) The quotient derived from the following fraction:
(A) The numerator is the product of the following two amounts:
(i) Fifty dollars ($50) per year.
(ii) The fraction determined as the total amount of vehicle
license fee revenue collected during the most recent fiscal year
divided by the total amount of vehicle license fee revenue collected
during the 2004-05 fiscal year.
(B) The denominator is the fraction determined as the actual
population, as defined in subdivision (e) of Section 11005.3, of all
cities during the most recent fiscal year, divided by the actual
population, as defined in subdivision (e) of Section 11005.3, of all
cities in the 2004-05 fiscal year.
(2) The city's population determined in accordance with Section
11005.3.
(d) Fourth, to each city that was incorporated before August 5,
2004, in an amount equal to the product of the following two amounts:
(1) The quotient derived from the following fraction:
(A) The numerator is the product of the following two amounts:
(i) Fifty dollars ($50) per year.
(ii) The fraction determined as the total amount of vehicle
license fee revenue collected during the most recent fiscal year
divided by the total amount of vehicle license fee revenue collected
during the 2004-05 fiscal year.
(B) The denominator is the fraction determined as the actual
population, as defined in subdivision (e) of Section 11005.3, of all
cities during the most recent fiscal year, divided by the actual
population, as defined in subdivision (e) of Section 11005.3, of all
cities in the 2004-05 fiscal year.
(2) The actual population, as defined in subdivision (e) of
Section 11005.3, residing in areas annexed after August 5, 2004, as
of the date of annexation.
(e) Fifth, to the cities and cities and counties of this state in
the proportion that the population of each city or city and county
bears to the total population of all cities and cities and counties
in this state, as determined by the Demographic Research Unit of the
Department of Finance. For the purpose of this subdivision, the
population of each city or city and county shall be determined in
accordance with Section 11005.3.
