BILL ANALYSIS Ó
AB 2770
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Date of Hearing: May 18, 2016
ASSEMBLY COMMITTEE ON APPROPRIATIONS
Lorena Gonzalez, Chair
AB
2770 (Nazarian) - As Amended May 12, 2016
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Urgency: No State Mandated Local Program: NoReimbursable: No
SUMMARY:
This bill changes the reporting date from January 1, 2019 to
July 1, 2018, for a report by the Board of Equalization (BOE)
regarding the adequacy of funding for the Cigarette and Tobacco
Products Licensing Act of 2003, and requires the BOE include
information regarding the excess fund balance in the Cigarette
and Tobacco Tax Compliance Fund.
FISCAL EFFECT:
AB 2770
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Minor costs to provide a required report six months sooner than
required under current law and to provide additional
information.
COMMENTS:
1)Background. The California Cigarette and Tobacco Products
Licensing Act (Act) of 2003 (AB 71, Horton, Statutes of 2003),
created a comprehensive regulatory scheme governing the
distribution and sale of cigarettes and tobacco products in
this state, and requires the Board of Equalization (BOE) to
license manufacturers, importers, distributors, wholesalers,
and retailers of cigarettes and tobacco products.
2)Purpose. This bill is a clean-up to ABX2-11, which increases
various tobacco fees, was recently signed into law. This bill
requires the BOE submit a required report six months sooner,
and requires the report include information regarding a
recommendation by a March 16 State Auditor's report on the
excess fund balance.
Analysis Prepared by:Luke Reidenbach / APPR. / (916)
319-2081
AB 2770
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