BILL ANALYSIS                                                                                                                                                                                                    




            SENATE REVENUE & TAXATION COMMITTEE

            Senator Lois Wolk, Chair

                                                 SB 464 - Strickland

                                          Introduced: February 26, 2009

                                                                       

            Hearing: May 13, 2009      Tax Levy         Fiscal: Yes




            SUMMARY:  Enacts a Tax Credit for Purchasing Equipment to 

                           Meet Off-Road Diesel Regulations
            

                 EXISTING LAW provides various tax credits designed to  
            provide incentives for taxpayers that incur certain  
            expenses, such as child adoption, or to influence behavior,  
            including business practices and decisions, such as  
            research and development credits and Geographically  
            Targeted Economic Development Area credits.  The  
            Legislature typically enacts such tax incentives to  
            encourage taxpayers to do something but for the tax credit,  
            they would otherwise not do.

                 EXISTING LAW authorizes the California Air Resources  
            Board (CARB) to regulate emissions of criteria pollutants  
            and generally protect air quality and public health.  As  
            part of this effort, CARB enacted regulations limiting  
            emissions from off-road diesel engines of 25 horsepower or  
            greater, often used in the construction, agricultural, and  
            goods movement industries.  To comply with the regulations,  
            many business owners must purchase verified diesel emission  
            control strategies (VDECS).

                 THIS BILL enacts a tax credit equal to 5% of the  
            amount paid or incurred to purchase qualified property used  
            to meet the CARB off-road diesel equipment regulations, not  
            to exceed $10,000.  The taxpayer must obtain and retain a  








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            letter from CARB certifying that the qualified property  
            assists in meeting the regulations, and provide that letter  
            to the Franchise Tax Board (FTB) upon request.  The tax  
            credit may be carried over to subsequent years, but sunsets  
            on January 1, 2019.


            FISCAL EFFECT:   

                 According to FTB, SB 464 has no revenue impact in  
            2009-10 and 2010-11, but results in revenue losses of $7.5  
            million in 2011-12.  The delayed revenue effect is  
            attributable to modified CARB regulation compliance  
            deadlines (See Comment B below).

            COMMENTS:

            A.   Purpose of the Bill

                 According to the Author, "In 2000, the California Air  
            Resources Board (CARB) adopted a comprehensive Diesel Risk  
            Reduction Plan to reduce diesel emissions from new and  
            existing diesel-fueled engines and vehicles.  Regulations  
            were adopted by the CARB on July 26, 2007 to reduce diesel  
            particulate matter (PM) and nitrogen oxide (NOx) emissions  
            from engines used in off-road equipment.  These regulations  
            became effective on June 15, 2008.  The CARB plan seeks to  
            reduce PM emissions by approximately 90 percent for new  
            vehicles.  Existing diesel engines and vehicles would be  
            required to implement retrofit technology and there would  
            be accelerated turnover of fleets to newer, cleaner  
            engines.  Compliance dates for the fleets range from 2010  
            to 2015 depending on the size of the fleet.  The largest  
            fleets (over 5,000 horsepower of affected vehicles) must  
            comply first.  Compliance will be extremely difficult for  
            the fleet owners because there are only a few manufacturers  
            currently making equipment certified by the CARB.  The  
            equipment is extremely limited and does not address the  
            various makes and models that require the retrofit.  If the  
            fleet owners are not able to make the necessary changes to  
            the engines, then the equipment will have to be retired.   
            This means, equipment purchased at tens of thousands of  








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            dollars is sold at a loss to out of state buyers or  
            equipment is scrapped.   Achieving cleaner engines is a  
            laudable goal, but we must give the operators the resources  
            to meet the goal.  The state cannot expect compliance nor  
            punish noncompliance when the technology to meet the goals  
            is not yet available."



            B.   Carrots and Sticks

                 Responding to public health concerns and the state's  
            persistent non-attainment of federal ambient air quality  
            standards, CARB issued regulations on July 27, 2007 that  
            require off-road diesel engines to substantially reduce  
            emissions by establishing fleet average emission rates for  
            PM and NOx that decline over time.  Each year, the  
            regulation requires each fleet to meet the fleet average  
            emission rate targets for PM or apply the highest level  
            VDECS to 20 percent of its horsepower.  In total, the  
            regulation is expected to reduce 187,000 tons of NOx  
            emissions and 33,000 tons of PM emissions between 2009 and  
            2030.  The regulations take effect for large fleets (5,000  
            hp of vehicles and above) in 2010, and apply to smaller  
            fleets in subsequent years.

                 According to CARB, emissions from off-road diesel  
            engines constitute up to one quarter of particulate matter  
            (PM) and nitrogen oxide (NOx), pollutants that cause  
            respiratory illness and premature death.  While the  
            regulation will surely enhance air quality and public  
            health, businesses will certainly incur significant costs  
            for businesses to purchase and install compliant VDECS in  
            most cases.  CARB's analysis indicates that regulation will  
            incur more than $3 billion in costs.  If businesses do not  
            comply, CARB may levy civil penalties, swatting those who  
            do not follow the law with a stick.  SB 464 seeks to offer  
            a carrot, instead granting a tax credit to taxpayers who to  
            purchase VDECs.  With a tax credit, affected businesses pay  
            less tax if it purchases the technology; however, the  
            revenue foregone due to enacting the credit comes at the  
            expense of the rest of the state's taxpayers, who must pay  








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            higher or taxes or receive lower levels of service but for  
            the credit.  Should the public benefit of better air  
            quality justify funding a tax credit that helps a business  
            that operates off road diesel engines meet its regulatory  
            responsibilities, or are the regulations sufficient to  
            accomplish the public policy goal?  The Committee may wish  
            to consider whether granting a tax credit to firms affected  
            by the regulation is a commensurate response to the costs  
            incurred to business and the attendant public benefits of  
            improvement to air quality.



            C.   Odds and Ends

                 FTB and Committee Staff point out the following  
            implementation considerations:

                             SB 464 measure does not specify whether  
                      the credit is allowed per year, per vehicle, or  
                      per taxpayer.  The credit is neither related to  
                      the actual costs incurred by the CARB regulation  
                      nor the firm's ability to meet those costs.
                             The bill does not specifically require  
                      that the qualified property be placed in service  
                      in the state, nor does it provide that the  
                      qualified property be installed on an off-road  
                      vehicle owned or leased by the taxpayer.

                             FTB suggests on Page 3, Line 1, to strike  
                      out "December" and insert "January" to conform  
                      the deadlines for the credit under the Personal  
                      Income and Corporation Tax laws.




            Support and Opposition

                 Support:California Dump Truck Operators Association

                        California Landscape Contractors Association








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                 Oppose:None received.



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            Consultant: Colin Grinnell