BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 1523
                                                                  Page  1

          Date of Hearing:  May 18, 2009

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

                AB 1523 (Charles Calderon) - As Amended:  May 5, 2009

          Majority vote.  Tax levy.  Fiscal committee.

           SUBJECT  :  Sales and use taxes:  exemption:  fixed price  
          contracts

           SUMMARY  :  Relieves parties who entered into a fixed price  
          contract or a fixed price lease before the recently enacted 1%  
          sales and use tax (SUT) increase.  Specifically,  this bill  :

          1)Provides that, from the operative date of the act adding  
            Revenue and Taxation Code (R&TC) Sections 6051.7 and 6201.7,  
            to the date on which the taxes imposed by those sections cease  
            to apply, there is exempted from the taxes imposed by the SUT  
            Law, an amount equal to an amount that is attributable to a 1%  
            rate of tax with respect to the following:

             a)   The gross receipts from the sale of, and the storage,  
               use, or other consumption in this state of, tangible  
               personal property (TPP), if the seller is obligated to  
               furnish or the purchaser is obligated to purchase the  
               property for a fixed price under a contract entered into  
               before the operative date of the act adding R&TC Sections  
               6051.7 and 6201.7; 

             b)   The gross receipts from the sale of, and the storage,  
               use, or other consumption in this state of, materials and  
               fixtures obligated under an engineering construction  
               contract or a building construction contract entered into  
               for a fixed price before the operative date of the act  
               adding R&TC Sections 6051.7 and 6201.7;   

             c)   A lease of TPP that is a continuing sale of the property  
               for any period of time for which the lessor is obligated to  
               lease the property for an amount fixed by the lease before  
               the operative date of the act adding R&TC Sections 6051.7  
               and 6201.7; and,    

             d)   The possession of, or the exercise of, any right or  








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               power over TPP under a lease that is a continuing purchase  
               of the property for any period of time for which the lessee  
               is obligated to lease the property for an amount fixed by a  
               lease entered into before the operative date of the act  
               adding R&TC Sections 6051.7 and 6201.7.  

          2)Provides that, on and after January 1, 2010, the exemption  
            outlined above shall apply with respect to any future SUT rate  
            increase. 

          3)Contains legislative findings and declarations noting that it  
            fulfills a statewide public purpose, and provides necessary  
            relief to the retailers or contractors who entered into a  
            fixed price contract or a fixed price lease agreement before  
            the operative date of the 1% SUT increase.  

          4)Takes immediate effect as a tax levy.  

           EXISTING LAW  imposes:
          1)A sales tax on retailers for the privilege of selling TPP,  
            absent a specific exemption.  The tax is based upon the gross  
            receipts from sales of TPP in this state.  

          2)A use tax on the storage, use, or other consumption in this  
            state of TPP purchased from any retailer for storage, use, or  
            other consumption in this state, absent a specific exemption.

          3)As of April 1, 2009, an additional SUT at the rate of 1%.   
            This additional SUT is codified in R&TC Sections 6051.7 and  
            6201.7.

           FISCAL EFFECT  :  The Board of Equalization (BOE) notes that many  
          contracts are drafted in such a way that they would not qualify  
          as fixed price contracts eligible for this exemption.   
          Specifically, contracts often contain protective clauses  
          providing that any tax increase will be borne by the customer.   
          BOE does not know the percentage of contracts containing such  
          clauses. As such, it is not possible to provide a precise  
          revenue estimate for this bill.   

           COMMENTS  :

          1)The author notes:

               AB 1523 would exempt from the recently enacted 1% sales and  








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               use tax increase fixed price contracts entered into prior  
               to the rate increase.  This bill is designed to protect  
               parties with fixed price contracts from bearing the cost of  
               the increase, in cases where that cost cannot be passed on  
               to customers.  This bill is modeled on prior legislation  
               providing an identical exemption, and promotes equity and  
               settled business expectations.  Without AB 1523,  
               contractors holding existing fixed price contracts would be  
               forced unfairly to absorb the tax increase. 
                
          2)Proponents note, "Construction contracts are normally entered  
            into on a fixed price basis, with the contractor assuming the  
            risk and responsibility for costs under the control of the  
            contractor.  The fixed price contract exemption protects the  
            contractor who entered into a fixed price contract based on  
            the sales tax impact at the time on the contract.  If the  
            contractor had knowledge of the change in tax rate at the time  
            of bid or contract, the contractor would have factored the tax  
            increase into the contract price."  

          3)BOE notes the following by way of background:

             a)   "In the past, legislation enacting [SUT] increases has  
               historically contained provisions that exempt fixed price  
               contracts from the rate increase - provisions that are  
               substantially the same as the language in this bill.  For  
               example, California's last state [SUT] increase occurred in  
               July 1991 with the enactment of AB 2181 (Ch. 85, Stats.  
               1991) and SB 179 (Ch. 88, Stats. 1991).  The rate was  
               increased by 1.25 percent in response to the budget  
               shortfall and the exemption for fixed price contracts  
               entered into prior to the operative date of the increase  
               was part of that enactment."  

             b)   "Prior to that increase, for a 13-month period beginning  
               December 1, 1989 and ending December 31, 1990, a 0.25  
               percent state [SUT] increase was enacted in response to the  
               October 17, 1989 earthquake (commonly referred to as the  
               Loma Prieta earthquake) in the San Francisco Bay Area (SB  
               33x, Ch. 14, Stats. 1990, First Extraordinary Session).   
               That measure also contained an exemption for fixed price  
               contracts entered into prior to the date of the rate  
               increase."

             c)   "A general fixed price contract exemption is also  








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               contained in the Transactions and Use Tax Law (and has been  
               since 1979) for purposes of exempting all fixed price  
               contracts from the various city and county tax rate  
               increases when those contracts are entered into prior to  
               the operative date of those rate increases (see [R&TC]  
               Sections 7261(g) and 7262(f)). 

          4)BOE has provided the following comments in its staff analysis  
            of this bill:

              a)   This bill would address an issue of equity  .  "A fixed  
               price contract exemption is designed to protect the  
               business expectations of the parties when they entered into  
               the contract and protect them from an unplanned increase in  
               [the] tax rate.  Under a fixed price contract, the  
               contractor assumes all of the cost variation risk and  
               reward.  If the cost exceeds the contract price, the  
               difference comes out of the contractor's pocket.  Absent an  
               exemption for fixed price contracts, when the sales and use  
               tax rate increases, for existing contracts entered into  
               prior to April 1, 2009, the contractor will be liable for  
               the increase in the sales and use tax rate on any purchases  
               and sales made pursuant to the contract on or after April  
               1, 2009.  However, due to the nature of a fixed price  
               contract, the contractor may not pass that increase on to  
               the customer or recoup his or her costs in any other  
               manner.  Consequently, the contractor alone must bear the  
               out-of-pocket cost of the rate increase.  Enactment of this  
               bill would assure that a contractor's liability for sales  
               or use tax in connection with fixed price contracts and  
               fixed price lease agreements entered into prior to April 1,  
               2009, would be limited to the sales and use tax rate in  
               effect at the time the contractor and his or her customer  
               entered into the contract.   This change would also  
               eliminate any issues between a contractor and his or her  
               customer in cases where a contractor inappropriately  
               attempts to collect the additional tax from the customer on  
               a fixed price contract."

              b)   When is a contract deemed "fixed price?"   "[BOE]  
               currently administers a similar exemption for fixed price  
               contracts under the Transactions and Use Tax Law, and has  
               administered fixed price contract exemptions on past  
               statewide sales and use tax increases.  Therefore, we would  
               apply the same principles to contracts and leases affected  








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               by this measure.  To qualify as 'fixed-price', neither  
               party may have the right to adjust the price for an  
               increase in costs or an increase in taxes, and the amount  
               of the tax or the rate of the tax must be specifically  
               stated in the contract or lease agreement.  For example, a  
               contract that says 'plus applicable taxes' would not be  
               regarded as a fixed-price contract.  In addition, a  
               contract would not be considered a 'fixed-price' contract  
               if either party has the [unconditional] right to terminate  
               the contract or lease.  If the contract or lease qualifies  
               as fixed-price, the contractor or lessor would only be  
               required to report and remit the rate in effect at the time  
               the contractor and customer entered into the contract."

          5)Committee Staff Notes:

              a)   Sooner rather than later  :  To ease administration, this  
               bill should be enacted before July 1, 2009.  Specifically,  
               BOE notes, "The out-of-pocket expense of the 1% increase  
               for which the majority of retailers, contractors and  
               lessors would be liable is due to [BOE] on or before July  
               31, 2009 for those taxable sales or continuing leases made  
               during the months of April, May and June."  Thus, if this  
               bill is enacted before July 1, 2009, a credit for the 1%  
               increase could be claimed on the quarterly return.  If this  
               bill is enacted later, BOE notes that it could result in  
               administrative complications and increased costs associated  
               with processing refund claims.     

              b)   Full support from BOE  :  The members of BOE voted  
               unanimously to support this bill.  BOE notes that the  
               exemption proposed by this bill addresses the inequity of  
               holding contractors and lessors liable for the SUT increase  
               when they are limited by the terms of a fixed price  
               contract and, therefore, unable to pass the tax increase on  
               to their customers.  Specifically, BOE notes, "The Board  
               supports restoring equity in the Sales and Use Tax Law by  
               creating this exemption from the rate increase."  

              c)   A prospective exemption  :  This bill provides that, on  
               and after January 1, 2010, the exemption provided by this  
               bill and prior legislation shall apply with respect to any  
               future SUT rate increase.  While not detracting from the  
               equities involved, it is unclear to what extent this  
               prospective exemption would actually be binding.  [See  








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               e.g., United Milk Producers of California v. Cecil (1941)  
               47 Cal.App.2d 758, 764-65, noting that the Legislature  
               cannot declare in advance the intent of a future  
               Legislature.] 

           6)Proposed amendments  :

             a)   This bill provides that the SUT exemption shall run from  
               "the operative date of the act" adding R&TC Sections 6051.7  
               and 6201.7.  The act in question was ABx3 3 (Evans),  
               Chapter 18, Statutes of 2009 which, among other things,  
               increased the state's General Fund SUT rate by 1%.   
               Governor Schwarzenegger signed ABx3 3 into law on February  
               20, 2009.  As an urgency measure, it went into immediate  
               effect.  While the SUT provisions may have become  
               "operative" on April 1, 2009, it may not make sense to  
               refer to the "operative date" of the overall act.  Thus,  
               Committee staff recommends amending this bill to specify  
               that the exemption shall run from April 1, 2009.

             b)   Committee staff recommends the following technical  
               amendments:

                  i)        Replace the word "ceases" with "cease" on page  
                    3, line 29;  

                  ii)       Replace the word "are" with "is" on page 3,  
                    line 30; and, 

                  iii)       Delete the reference to "July 1, 1993" on  
                    page 3, lines 37-38, and replace with "the rate  
                    increase" or similar verbiage.  

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          Associated General Contractors
          Associated General Contractors of California
          Board of Equalization
          Builders Exchange of Alameda County
          California Association of Sheet Metal and Air Conditioning  
          Contractors' National Association
          California Chapter of the American Fence Contractors'  
          Association








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          California Chapters of the National Electrical Contractors  
          Association
          California Fence Contractors' Association
          California Landscape Contractors Association
          California Legislative Conference of the Plumbing, Heating and  
          Piping Industry
          California Nevada Cement Association
          California-Nevada Conference of Operating Engineers
          California Taxpayers' Association
          Concrete Contractors Association, Inc. 
          Construction Employers' Association
          Construction Industry Legislative Council
          Engineering and Utility Contractors Association
          Engineering Contractors' Association
          Flasher/Barricade Association
          Golden State Builders Exchanges
          Humboldt Builders' Exchange, Inc. 
          Marin Builders' Association
          Pacific Rim Drywall Association
          Salinas Valley Builders Exchange
          Shasta Builders' Exchange
          Southern California Contractors Association
          Valley Builders' Exchange
          Valley Contractors Exchange, Inc. 
          Western Electrical Contractors Association

           Opposition 
           
          None on file
           
          Analysis Prepared by  :  M. David Ruff / REV. & TAX. / (916)  
          319-2098