BILL NUMBER: AB 1676	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Alejo
   (Coauthor: Senator Cannella)

                        FEBRUARY 14, 2012

   An act to add Section 96.24 to the Revenue and Taxation Code,
relating to local government finance.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1676, as introduced, Alejo. Local government finance: property
tax revenue allocations: County of San Benito.
   Existing property tax law requires the county auditor, in each
fiscal year, to allocate property tax revenue to local jurisdictions
in accordance with specified formulas and procedures, and generally
requires that each jurisdiction be allocated an amount equal to the
total of the amount of revenue allocated to that jurisdiction in the
prior fiscal year, subject to certain modifications, and that
jurisdiction's portion of the annual tax increment, as defined.
Existing law provides for the computation, on the basis of these
allocations, of apportionment factors that are applied to actual
property tax revenues in each county in order to determine actual
amounts of property tax revenue received by each recipient
jurisdiction.
   This bill would deem to be correct those property tax revenue
apportionment factors that were applied in allocating property tax
revenues in the County of San Benito for each fiscal year through the
2001-02 fiscal year. This bill would, however, require property tax
apportionment factors applied in allocating property tax revenue in
the County of San Benito for the 2002-03 fiscal year and each fiscal
year thereafter to be determined on the basis of apportionment
factors for prior fiscal years that have been corrected or adjusted
as would be required if those prior apportionment factors were not
deemed correct by this bill.
   This bill would make legislative findings and declarations as to
the necessity of a special statute for the County of San Benito.
   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 96.24 is added to the Revenue and Taxation
Code, to read:
   96.24.  Notwithstanding any other provision of law, the property
tax apportionment factors applied in allocating property tax revenues
in the County of San Benito for each fiscal year through the 2001-02
fiscal year, inclusive, are deemed to be correct. However, for the
2002-03 fiscal year and each fiscal year thereafter, property tax
apportionment factors applied in allocating property tax revenues in
the County of San Benito shall be determined on the basis of property
tax apportionment factors for prior fiscal years that have been
fully corrected and adjusted, pursuant to the review and
recommendation of the Controller, as would be required in the absence
of the preceding sentence.
  SEC. 2.  The Legislature finds and declares that a special law is
necessary and that a general law cannot be made applicable within the
meaning of Section 16 of Article IV of the California Constitution
because of the uniquely severe fiscal difficulties being suffered by
the County of San Benito.