BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 978
                                                                  Page  1

          Date of Hearing:  April 20, 2009

                     ASSEMBLY COMMITTEE ON REVENUE AND TAXATION
                             Charles M. Calderon, Chair

             AB 978 (V. Manuel Perez) - As Introduced:  February 26, 2009

          Majority vote.  Fiscal committee.

           SUBJECT  :  Transactions and use taxes:  counties:  economic  
          development.

           SUMMARY  :  Authorizes a county board of supervisors to impose a  
          transactions and use tax (TUT) at a rate of 0.125% for the  
          purpose of funding economic development projects.  Specifically,  
           this bill  :  

          1)Authorizes counties to impose, by ordinance, a TUT at a rate  
            of 0.125% for a period not to exceed 16 years. 

          2)Provides that the ordinance imposing the TUT must be submitted  
            to the voters of the county and be approved by a two-thirds  
            vote.

          3)Requires the ordinance to include an expenditure plan  
            describing the specific purposes for which the revenues from  
            the tax may be expanded.

          4)Specifies that the revenues derived from that tax may be used  
            only for funding economic development projects including, but  
            not limited to, the constructions and acquisition of  
            facilities within the county.

          5)Provides that the combined rate of all district taxes in the  
            county imposing the 0.125% TUT  may not exceed the combined  
            maximum rate of 2%. 

          6)Allows the board of supervisors to extend the 0.125% TUT  
            beyond the initial 16-year period if all of the same  
            conditions applicable to the initial imposition of that tax  
            are met. 

           EXISTING LAW:

           1)Authorizes local governments to impose, increase, or extend  








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            TUT, or district taxes, under specified conditions.  [Revenue  
            and Taxation Code (R&TC) Part 1.6 (commencing with Section  
            7251) (TUT Law), and R&TC Part 1.7 (commencing with Section  
            7285) (Additional Local Tax Law)].  

          2)Authorizes a county to impose a district tax for  general  
            purposes  at a rate of 0.25%, or multiple thereof, if the  
            ordinance proposing the tax is approved by a two-thirds vote  
            of the board of supervisors and a majority vote of the  
            qualified voters of the county.  (R&TC Section 7285).  

          Authorizes a county to impose a district tax for  special  
          purposes  at a rate of 0.25%, or multiple thereof, if the  
          ordinance proposing the tax is approved by a two-thirds vote of  
          the board of supervisors and a two-thirds vote of the qualified  
          voters in the county.  (R&TC Section 7285.5).  

          Authorizes a county to impose a district tax at a rate of either  
          0.125% or 0.25%, for a period not to exceed 16 years, to fund  
           public library  construction, acquisition, programs, and  
          operations within the county.  (R&TC Section 7286.59). 

          Provides that the combined rate of all district taxed imposed in  
          any county may not exceed 2%. 

           FISCAL EFFECT  :  The Board of Equalization (BOE) staff projects  
          that, if all of the counties in the state impose a TUT by 0.125%  
          for funding of economic development projects, the annual gain in  
          revenue would be $622 million.

           COMMENTS  :   

          1)According to the author, blighted and economically depressed  
            areas need assistance in attracting business to help stimulate  
            their local economy, and communities need to take proactive  
            steps to encourage business growth.  The purpose of this bill  
            is to provide local communities with flexibility to increase  
            local taxes for the specific purpose of supporting economic  
            development. This bill represents one more tool that could be  
            utilized by local communities to attract outside investors.  

          2)The proponents of this measure argue that local governments  
            need authority to raise, if they so choose, additional  
            matching funds for projects in their jurisdiction for  
            construction of infrastructure projects and other business or  








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            manufacturing projects.  Proponents state that this bill would  
            provide an additional tool for local governments to raise  
            needed capital for improvements and job growth opportunities  
            in their communities. 

          3)The Committee staff notes all of the following:

              a)   Background  .  Under existing law, cities and counties may  
               impose a district tax, in increments of 0.25%, for general  
               or special purposes, subject to voter approval, provided  
               that the combined rate of tax does not exceed 2%.  Counties  
               can also establish a transportation authority to impose  
               district taxes under the Public Utilities Code.  Beginning  
               April 1, 2009, 111 local jurisdictions, including cities,  
               counties, and special purpose entities, impose a district  
               tax for general or specific purposes.  Generally, a  
               district tax is imposed at a rate of 0.25% or 0.25%  
               increments up to the 2% limit.  Some cities and counties  
               have more than one district tax, while others have none.   
               Because the combined rate of all district taxes imposed  
               within a county cannot exceed 2%, the current maximum  
               combined state, local, and district rate is 10.25%.  

              b)   New authority for counties to impose a TUT at a lower  
               rate.   As discussed, counties are already authorized to  
               impose a general or special tax subject to voter approval,  
               up to a total combined rate of 2%. This bill does not  
               increase the 2% maximum combined rate of tax nor does it  
               confer onto counties any new authority to impose a special  
               tax.  In other words, if a county wants to impose a special  
               tax for economic development projects, it may do so under  
               current law.  However, the rate of that special tax will  
               have to be either 0.25% or a multiple thereof.  What this  
               bill proposes to do is reduce that tax rate in half if the  
               tax is levied for purposes of funding economic development  
               projects.  Thus, this bill simply allows counties to impose  
               a TUT at a different rate, i.e. 0.125% rather than 0.25%,  
               as long as the funds are used for economic development.   
               BOE notes that counties, generally, impose TUTs at a rate  
               of 0.25%, with the exception of the district tax imposed  
               for library purposes [SB 154 (Thompson), Chapter 88,  
               Statutes of 1997].  However, the counties' authority to  
               levy a special tax for libraries is  in lieu  of the  
               authority to levy a special tax under R&TC Section 7285.5.   
               In other words, the county may impose only one special tax  








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               for library purposes.  Committee staff queries whether this  
               bill should also be amended to expressly provide that a  
               county may impose a special tax for economic development  
               purposes only once - either under R&TC Section 7285.5 or  
               this bill.  

             Further, it appears that the Legislature set the rate of  
               special tax at 0.25% as a matter of convenience, and not  
               for any particular policy reason.  The Committee may wish  
               to consider amending existing law to allow counties to  
               impose a special tax for any purpose, not just for the  
               purpose of funding economic development projects, at either  
               the existing prescribed rate of 0.25% or a lower rate of  
               0.125%, or multiple thereof. 

              c)   Will this bill help counties to raise more money?   The  
               stated purpose of this bill is to change counties' ability  
               to raise funds to encourage business growth in local  
               communities.  By providing for a lower rate of tax for a  
               specific purpose, this bill allows counties to levy a  
               lesser tax that could support smaller projects and be more  
               acceptable to the local voters.  However, this bill does  
               not increase the 2% cap, and thus, may be of very little  
               use to counties that either have already reached (Los  
               Angeles County), or are close to reaching, the 2% maximum  
               combined rate limit (for example, Alameda, Contra Costa,  
               and San Diego).  Also, this bill limits to 16 years the  
               life of any special tax imposed by counties for purposes of  
               funding economic development projects, whereas, currently,  
               no such restrictions apply.  

              d)   The 2% Cap  .  Local governments often find it difficult  
               to make up for decreases in state revenues with increases  
               in local revenues because counties have limited authority  
               to raise revenues, and local special taxes require a  
               two-thirds vote of the electorate.  Furthermore, the  
               interaction between city-imposed and county-imposed TUTs  
               may cause some counties to run out of room under the 2%  
               maximum combined rate of tax.  When a city imposes a TUT,  
               that tax counts toward the county's cap.  Because this bill  
               does not increase the existing 2% threshold, a county may  
               not be as willing to put an economic development tax on the  
               ballot knowing that it may impede its ability to ask for  
               tax increases on other important local programs in the  
               future.  








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              e)   What is the definition of an "economic development  
               project  "?  This bill restricts the use of revenues derived  
               from the imposition of an additional 0.125% tax to funding  
               economic development projects.  However, this bill does not  
               define the term "economic development project" other than  
               to say that it includes, but is not limited to, the  
               construction and acquisition of facilities within the  
               county.  As highlighted by the California Association for  
               Local Economic Development, the proponent of this bill, on  
               its website, "Economic development means different things  
               to different people.  On a broad scale, anything a  
               community does to foster and create a healthy economy can  
               fall under the auspices of economic development?There are  
               probably as many definitions for economic development as  
               there are people who practice it? From a public  
               perspective, local economic development involves the  
               allocation of limited resources - land, labor, capital and  
               entrepreneurship in a way that has a positive effect on the  
               level of business activity, employment, income distribution  
               patterns, and fiscal solvency."  Thus, a professional  
               organization, whose mission is to achieve excellence in  
               delivering economic development services to the  
               communities, acknowledges that "anything that fosters and  
               creates a healthy economy" qualifies as economic  
               development.  Since this bill does not offer a definition  
               of "economic development," a regular voter in the community  
               may be challenged in deciding whether or not the purpose  
               for levying the proposed tax qualifies as "economic  
               development".  The Committee staff suggests that this bill  
               be amended to provide a clear definition of "economic  
               development project".

              f)   BOE's administrative costs.   Cities and counties are  
               required to contract with BOE to administer district taxes.  
                If a county were to adopt a district tax pursuant to this  
               measure, it would be required to contract with and  
               reimburse BOE for actual administrative costs associated  
               with the new tax.  BOE staff notes that BOE's estimated  
               2007-08 administrative costs assessed to the existing  
               county special taxing jurisdiction range from $18,000 for  
               Inyo County to $2.6 million for Orange County.

              g)   Similar Legislation  .









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             SB 138 (Liu), introduced in the 2009-10 Legislative Session,  
               would increase the amount of graffiti prevention tax that a  
               city or county may impose, subject to voter approval, from  
               10 cents to 50 cents per aerosol container or container of  
               other marking substance, and from 5 cents to 25 cents per  
               felt tip marker or other marking instrument.  SB 138 is  
               currently set for a hearing in the Senate Revenue and  
               Taxation Committee on April 22, 2009.

             AB 1646 (DeSaulnier), introduced in the 2007-08 Legislative  
               Session, would authorize counties to impose a TUT at a rate  
               of 0.25%, or multiple thereof, not to exceed a maximum of  
               1%, for county health purposes.  AB 1646 was held in the  
               Senate Revenue and Taxation Committee. 

             SB 264 (Alquist), Chapter 430, Statutes of 2007, authorized  
               the Santa Clara Valley Transportation Authority to impose a  
               TUT at a rate of 0.125% for transit facilities and  
               services. 

             AB 2321 (Feuer), Chapter 302, Statutes of 2008, extended from  
               6 years to 30 years the period within which a  
               voter-approved 0.5% local transportation sales tax in Los  
               Angeles County may be imposed.  

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          California Association for Local Economic Development

           Opposition 
           
          None on file
           
          Analysis Prepared by  :  Oksana G. Jaffe / REV. & TAX. / (916)  
          319-2098