BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2618
                                                                  Page  1

          Date of Hearing:   May 25, 2012

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                     AB 2618 (Ma) - As Amended:  April 18, 2012 

          Policy Committee:                              Revenue and 
          Taxation     Vote:                            8-0

          Urgency:     No                   State Mandated Local Program: 
          No     Reimbursable:              No

           SUMMARY  

          This bill provides that a person making a sale at a vehicle 
          auction, or a licensed dismantler making specified vehicle 
          sales, shall be presumed to be making sales at retail (not 
          resale) and therefore must collect sales tax under the sales and 
          use tax (SUT) law.  

           FISCAL EFFECT.

           In its staff analysis of this bill, the BOE notes that it 
          conducted a six-month study of California auto auctioneers.  
          Based on a statistical sampling of vehicles sold to non-dealers, 
          BOE staff found that about 40% of the vehicles sold were never 
          registered with the DMV, and of those vehicles actually 
          registered, about 25% of the actual sales price was not reported 
          to DMV.  These combined practices result in an estimated revenue 
          loss of $5.5 million, which this bill seeks to recover.

           COMMENTS  

           1)Purpose.   The author states that BOE audits and investigations 
            discovered retailers, who are not licensed dealers or even in 
            the automobile business, acquiring salvage certificate 
            vehicles by issuing a resale certificate and not reporting 
            subsequent vehicle sales. 

           2)Support.   The BOE, the bill's sponsor, explains this bill 
            closes a tax gap that occurs within the auto auction and 
            dismantling industry when purchasers who are not properly 
            licensed to sell, repair, or dismantle vehicles, buy vehicles 
            without paying sales tax to the sellers or use tax to DMV.  








                                                                  AB 2618
                                                                  Page  2

            They are able to do this by issuing a resale certificate at 
            the time of purchase at a salvage auto auction.  Some of the 
            purchasers remit use tax to DMV upon registration of the 
            vehicles, but report a much lower price than the actual 
            purchase price.  

            This bill requires auto auctions and dismantlers to collect 
            sales tax on the sale of any vehicle sold to a person other 
            than a licensed dealer, dismantler, automotive repair dealer 
            or scrap metal processor. 

            The bill enables auto auctioneers to also accept a resale 
            certificate from any person licensed in another state, country 
            or jurisdiction as a dealer, dismantler, automotive repair 
            dealer, or scrap metal processor. 

           Analysis Prepared by  :    Roger Dunstan / APPR. / (916) 319-2081