BILL NUMBER: AB 1836 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Furutani
FEBRUARY 12, 2010
An act to amend Section 6390 of the Revenue and Taxation Code,
relating to taxation.
LEGISLATIVE COUNSEL'S DIGEST
AB 1836, as introduced, Furutani. Sales tax: exemption: rentals.
The Sales and Use Tax Law imposes a tax on retailers measured by
the gross receipts from the sale of tangible personal property sold
at retail in this state, or on the storage, use, or other consumption
in this state of tangible personal property purchased from a
retailer for storage, use, or other consumption in this state.
Existing law exempts from the computation of the amount of the sales
tax the rentals payable under a lease of tangible personal property,
under specified conditions.
This bill would make technical, nonsubstantive changes to those
provisions.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 6390 of the Revenue and Taxation Code is
amended to read:
6390. There are exempted from the computation of the amount of
the sales tax the rentals payable under a lease of tangible personal
property (a) when such
rentals in either of the following cases:
are
(a) When th e rentals are
required to be included in the measure of the use tax
or (b) when such property
.
(b) When the property is situated
outside this state.