Bill Text: CA SB767 | 2015-2016 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Los Angeles County Metropolitan Transportation

Spectrum: Partisan Bill (Democrat 12-0)

Status: (Passed) 2015-10-07 - Chaptered by Secretary of State. Chapter 580, Statutes of 2015. [SB767 Detail]

Download: California-2015-SB767-Introduced.html

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BILL NUMBER: SB 767	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator De León
   (Principal coauthors: Senators Allen, Hall, Hernandez, Lara, and
Liu)
   (Principal coauthors: Assembly Members Bloom, Chau, Holden,
Jones-Sawyer, and Nazarian)

                        FEBRUARY 27, 2015

   An act to add Section 130350.7 to the Public Utilities Code,
relating to transportation.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 767, as introduced, De León. Los Angeles County Metropolitan
Transportation Authority: transactions and use tax.
   Existing law authorizes the Los Angeles County Metropolitan
Transportation Authority (MTA) to impose, in addition to any other
tax that it is authorized to impose, a transactions and use tax at a
rate of 0.5% for the funding of specified transportation-related
projects and programs, subject to various requirements, including the
adoption of an expenditure plan and voter approval. Existing law
authorizes the MTA to seek voter approval to extend the transactions
and use tax pursuant to an amended ordinance, subject to various
requirements, including adoption of an amended expenditure plan that,
among other things, updates certain cost estimates and identifies
expected completion dates for projects and programs under the
previous expenditure plan, and also requires the amended expenditure
plan to be included in an updated long range transportation plan, as
specified.
   This bill would authorize the MTA to impose an additional
transportation transactions and use tax at a rate of 0.5% subject to
various requirements, including the adoption of an expenditure plan
and voter approval.
   The Transactions and Use Tax Law limits to 2% the combined rate of
all transactions and use taxes imposed in any county, with certain
exceptions.
   This bill would exempt the transactions and use tax authorized by
the bill from this limitation.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 130350.7 is added to the Public Utilities Code,
to read:
   130350.7.  (a) The Los Angeles County Metropolitan Transportation
Authority (MTA), in addition to any other tax it is authorized to
impose or has imposed, may impose a transactions and use tax at the
rate of 0.5 percent, for a period to be determined by the MTA, that
is applicable in the incorporated and unincorporated areas of Los
Angeles County.
   (b) The ordinance imposing the tax shall contain all of the
following:
   (1) An expenditure plan that lists the transportation projects and
programs to be funded from net revenues from the tax. The
expenditure plan shall appear in the ordinance as an exhibit.
   (2) Provisions conforming to the Transactions and Use Tax Law
(Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue
and Taxation Code), except as otherwise provided in subdivision (f).

   (3) A provision limiting the MTA's costs of administering the
ordinance and the net revenues from the tax to 1.5 percent of the
total tax revenues.
   (4) A requirement that the net revenues from the tax, defined to
mean the total tax revenues less any refunds, costs of administration
by the State Board of Equalization, and the MTA's administration
costs, shall be used by the MTA to fund transportation projects and
programs identified in the expenditure plan.
   (c) The ordinance shall be adopted by the MTA board, which shall
also adopt a resolution that submits the ordinance to the voters.
   (d) The ordinance shall become operative pursuant to Section
130352 if approved by two-thirds of the voters voting on the measure,
pursuant to subdivision (d) of Section 2 of Article XIII C of the
California Constitution.
   (e) The MTA may incur bonded indebtedness payable from the net
revenues of the tax pursuant to the bond issuance provisions of this
chapter and any successor act.
   (f) The tax authorized by this section shall be imposed pursuant
to the Transactions and Use Tax Law (Part 1.6 (commencing with
Section 7251) of Division 2 of the Revenue and Taxation Code),
notwithstanding the combined rate limitation in Section 7251.1 of the
Revenue and Taxation Code.