BILL ANALYSIS                                                                                                                                                                                                    



                                                          
                                                           AB 311
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        CONCURRENCE IN SENATE AMENDMENTS
        AB 311 (Ma)
        As Amended September 2, 2009
        Majority vote
         
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        |ASSEMBLY:  |60-4 |(May 28, 2009)  |SENATE: |36-3 |(September 4,  |
        |           |     |                |        |     |2009)          |
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         Original Committee Reference:    REV. & TAX.  

         SUMMARY  :  Extends the Centralized Fleet Calculation Program for  
        statewide assessment of certificated aircraft for property tax  
        purposes until fiscal year (FY) 2014-15.  

         The Senate amendments  :

        1)Make a clarifying technical change to Revenue and Taxation Code  
          (R&TC) Section 1153.5. 

        2)Add double-jointing language to avoid chaptering out problems with  
          AB 852 (Fong), pending in the Senate.

         EXISTING LAW  :
         
         1)Provides that all property is taxable unless explicitly exempted  
          by the California Constitution or federal law.  Limits ad valorem  
          taxes on real property to 1% of the full cash value of that  
          property as set forth in the California Constitution.  Requires  
          that real and personal property be taxed at the same rate (Section  
          2 of Article XIII of the California Constitution).  However,  
          personal property, which generally is defined as property other  
          than real property, is subject to property tax of 1% of the  
          assessed value of the taxable personal property.  Thus, the  
          property tax applicable to personal property is calculated based  
          on the market value of that property, rather than its "full cash  
          value."  

        2)Requires each county to impose an ad valorem property tax rate of  
          1% of the assessed value of the taxable property located in that  
          county, including any taxable certificated aircraft within the  
          county.  Typically, certificated aircraft are commercial aircraft  
          operated by air carriers for passenger and freight service, while  
          general aircraft are typically privately owned aircraft.  General  







                                                          
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          aircraft are assessed on an aircraft-by-aircraft basis and an  
          assessment is made only in a single county where the aircraft is  
          habitually situated.  Certificated aircraft are valued for  
          purposes of property taxation under a "fleet" concept, which means  
          that the basis of the assessed value is not the value of any  
          single aircraft owned by an air carrier, but the value of  all   
          aircraft of each particular fleet type that is flown into  
          California.  Types are grouped by make and model.  Because  
          certificated aircraft are movable, they are often located in more  
          than one county during an assessment year, and assessments are  
          made for each county in which the aircraft in the fleet land to  
          reflect actual presence in California. 

        3)Prescribes a centralized assessment methodology for valuing  
          certificated aircraft for FYs 2005-06 through 2010-11.  Also,  
          until January 1, 2011, allows a commercial air carrier to file a  
          single, consolidated property statement with a designated "lead"  
          county for all certificated aircraft that has acquired a tax situs  
          in California.  The centralized assessment methodology is based on  
          a formula to be used by the "lead" county in determining the  
          preallocated fair market value of each make, model, and series of  
          mainline jets, production freighters, converted freighters, and  
          regional aircraft with a tax situs within California for property  
          tax purposes.  Once the "lead" county calculates the preallocated  
          value of the aircraft, the information is transmitted to all other  
          counties within which the airline has acquired a tax nexus.  Each  
          individual county then determines its allocated portion of the  
          fleet based on the flight data for that particular county.  R&TC  
          Section 1152 provides an allocation formula to determine the  
          frequency and the amount of time that an air carrier's aircraft  
          makes contact and maintains situs within a county.  

        4)Requires assessors to audit once every four years the personal  
          property holdings of any property owner with an assessed value of  
          more than $400,000 (RT&C Section 469).  Until December 31, 2010,  
          allows an audit team comprised of staff from one to three counties  
          to perform a mandatory audit of a commercial air carrier.  The  
          work performed by the audit team is deemed to have been made on  
          behalf of each county for which a mandatory audit would otherwise  
          be required under RT&C Section 469.  

        5)Defines the term "certificated aircraft" as "aircraft operated by  
          an air carrier or foreign air carrier engaged in air  
          transportation, as defined in subdivisions (3), (5), (10), and  
          (19) of Section 101 of Title of the "Federal Aviation Act of 1958"  







                                                          
                                                           AB 311
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          (P.L. 85-726; 72 Stat. 731), while there is in force a certificate  
          or permit issued by the Civil Aeronautics Board of the United  
          States, or its successor, or a certificate or permit issued by the  
          California Public Utilities Commission, or its successor,  
          authorizing such air carrier to engage in such transportation."  
          (RT&C Section 1150).  

         AS PASSED BY THE ASSEMBLY  , this bill:

        1)Extended, until FY 2014-15, the application of the current  
          assessment methodology for determining the fair market value of  
          certificated aircraft owned by commercial air carriers for  
          property tax purposes. 

        2)Extended, until December 31, 2014, the application of the  
          following provisions of law that otherwise were scheduled to  
          sunset on December 31, 2010:

           a)   RT&C Section 441 that required a commercial air carrier to  
             file one annual property statement with a designated "lead"  
             county; and, 

           b)   RT&C Section 1153.5 that established the procedure for  
             selecting a lead county to calculate an airline's fleet value  
             and a coordinated multi-county audit team to perform mandatory  
             audits of commercial air carriers. 

        3)Imposed a state-mandated local program and provided that, if the  
          Commission on State Mandates determined that this bill contained  
          costs mandated by the state, reimbursement for those costs would  
          be made as required by the statute. 
         
        FISCAL EFFECT  :  The State Board of Equalization (BOE) estimates that  
        this bill will have no revenue impact. 

         COMMENTS  :  According to the author, "AB 311 is needed to ensure that  
        administrative efficiencies created by AB 964 continue for both the  
        airlines and assessors.  AB 964 created a fair and equitable  
        statewide valuation of certificated aircrafts.  The Centralized  
        Fleet Calculation Program has allowed assessors to carry out their  
        mandated responsibility to fairly assess taxable property in an  
        efficient manner."

        The sponsor of this bill, California Assessors' Association, argues  
        that the existing Centralized Fleet Calculation Program, which was  







                                                          
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        established by AB 964 (Horton), Chapter 699, Statutes of 2005, has  
        been a success.  The program "has allowed assessors to carry out  
        their mandated responsibility to fairly assess all taxable property  
        within their jurisdiction in an efficient manner" while streamlining  
        the property tax process for commercial airlines.  The sponsor also  
        states that the "total annual cost savings statewide for assessors  
        with centralized valuation and audit and the avoidance of assessment  
        appeals is estimated as over $3.4 million." The proponents state  
        that the existing Centralized Fleet Calculation Program provides an  
        equitable and consistent formula in valuing aircraft and allows  
        airlines to plan accordingly for the next five years.    
        Additionally, the proponents emphasize the importance of the current  
        practice of designating one lead county and allowing airlines to  
        file only one property tax return with that county. 

        The opponents argue that the "unanticipated revision of the Airline  
        Pricing Guide (APG) in combination with the formula attached to the  
        application of the APG contained in current statute has resulted in  
        precipitous and unexpected rises in tax liability for Southwest  
        Airlines."  The opponents suggest either an increase to 20% in the  
        percent discount from the APG of 10% or an extension of the sunset  
        to no more than three years to precipitate evaluation and discussion  
        of the methodology.  The opponents state that the existing  
        assessment methodology was not intended to be a permanent solution  
        to airline valuation issues and the sunset provisions are necessary  
        to motivate a periodic review of that methodology.  

        Prior to 1999, no specific assessment methodology procedure for  
        valuing certificated aircraft or for valuing the carrier's  
        possessory interest in the publicly owned airport existed in  
        California.  In 1998, a group of counties and airline industry  
        representatives entered into a written settlement agreement to  
        dispose of outstanding litigation and appeals over the valuation of  
        possessory interest assessments in airports and the valuation of  
        certificated aircraft.  The settlement agreement created a new  
        assessment methodology for valuing aircraft that applied to FY  
        1998-99 to FY 2002-03 and was codified in a three-piece legislative  
        package [AB 1807 (Takasugi), Chapter 86, Statutes of 1998, AB 2318  
        (Knox), Chapter 85, Statutes of 1998, and SB 30 (Kopp), Chapter 87,  
        Statutes of 1998].   In 2005, the representatives of the airline  
        industry and a county assessors working group, jointly, refined that  
        valuation methodology, recognizing the need to distinguish between  
        different types of aircraft and to detail the specific calculation  
        of the variable components that were previously lacking.  








                                                          
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        Committee staff notes that, prior to 1998, the valuation of aircraft  
        had been contentious and challenging for both county assessors and  
        commercial air carriers but the codified valuation methodology has  
        reduced those conflicts.  The existing centralized assessment of  
        certificated aircraft provides certainty and predictability for both  
        assessors and airlines.  Further, the current procedure of  
        designating a lead county assessor's office to calculate the  
        preallocated fleet value ensures that airlines report the same  
        information to every county, resulting in a uniform statewide  
        assessment.  As BOE staff points out in its analysis of this bill,  
        "Absent a codified methodology, there is no guarantee that the  
        values determined by each individual county assessor would be the  
        same," since property appraisal is subjective and opinions of value  
        differ.  Finally, the centralized assessment of aircraft greatly  
        reduces administrative costs for both parties.  As reported by the  
        author, if the existing centralized valuation methodology and the  
        centralized audit program are not extended, 236 additional fleet  
        calculations and 390 additional statewide mandatory audits would be  
        required, resulting in an annual cost of approximately $1.3 million,  
        and $1.8 million, respectively. 


         Analysis Prepared by  :  Oksana Jaffe / REV. & TAX. / (916) 319-2098


                                                                              
                                                                              
                                                                              
                                                                              
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