BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2679
                                                                  Page  1

          Date of Hearing:  April 23, 2012

                     ASSEMBLY COMMITTEE ON REVENUE AND TAXATION
                                Henry T. Perea, Chair
            AB 2679 (Committee on Transportation) - As Amended:  March 27, 
                                        2012

          Majority vote.  Fiscal committee.  
           
          SUBJECT  :  Transportation:  omnibus bill

           SUMMARY  :  Enacts various technical and noncontroversial 
          provisions related to transportation.  Specifically, the 
          tax-related provisions of  this bill  :

          1)Align the dates for setting the sales tax prepayment rates on 
            motor vehicle fuel, aircraft jet fuel, and diesel fuel with 
            the motor vehicle and diesel fuel excise tax rate adjustment 
            date.

          2)Establish that the tax prepayment rate for motor vehicle fuel, 
            aircraft jet fuel, and diesel fuel as established by the State 
            Board of Equalization (BOE) on January 1, 2013, shall remain 
            in effect through June 30, 2013.

          3)Require that the BOE make the motor vehicle fuel, aircraft jet 
            fuel, and diesel fuel rate determination no later than March 1 
            of the same year as the effective date of the new rate.

          4)Require the BOE to notify every supplier, wholesaler, and 
            retailer of motor vehicle fuel, aircraft jet fuel, and diesel 
            fuel of the rate determination no later than May 1 of each 
            year.

          5)Align the diesel fuel interstate user tax rate adjustment date 
            with the diesel fuel excise tax rate adjustment date and 
            establish a new source of information to be used to compute 
            the rate.  Specifically, the provisions establish that:

             a)   Existing law governing the determination of the 
               interstate user diesel fuel tax rate shall remain in effect 
               until January 1, 2013.  The tax rate established by the BOE 
               on January 1, 2013 shall remain in effect only through June 
               30, 2013.









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             b)   Commencing on July 1, 2013, and on each July 1 
               thereafter, the BOE shall establish an interstate user per 
               gallon tax rate in conformity with existing law except that 
               in determining the average retail price per gallon, the BOE 
               shall use the weekly average retail price as reported by 
               the United States Energy Information Administration.  

             c)   Establish that the BOE shall make its determination of 
               the rate no later than March 1 of the same year as the 
               effective date of the new rate.

           EXISTING LAW  requires:   

          1)A motor vehicle fuel, aircraft jet fuel, or diesel fuel 
            supplier to collect a prepayment of retail sales tax from the 
            person to whom the fuel is sold or distributed.  The BOE is 
            required to determine and set the rates for prepayment on the 
            sales tax by November 1 of the year prior to the effective 
            date of the rates.  The BOE must also notify every supplier, 
            wholesaler, and retailer of motor vehicle fuel, aircraft jet 
            fuel, and diesel fuel of the new rates by January 1 via mail.

          2)The BOE, beginning on July 1, 2011, for motor vehicle fuel, 
            and July 1, 2012, for diesel fuel, to adjust the excise tax 
            rates so that the total revenues derived from the imposition 
            of state excise tax and sales or use tax on sales of motor 
            vehicle fuel and diesel fuel remain the same.  The BOE is 
            required to determine the adjusted excise tax rates by March 1 
            of the fiscal year (FY) immediately preceding the applicable 
            FY.

          3)Diesel fuel interstate users in a qualified motor vehicle to 
            pay a tax comprised of a "component b" rate.  The "component 
            b" rate is set annually by the BOE at a cents-per-gallon rate 
            equivalent to the statewide sales tax imposed on the retail 
            sales of diesel fuel in California.  The "component b" rate is 
            set once each year by October 1 and is effective on January 1 
            of the succeeding year.

           FISCAL EFFECT  :  The BOE estimates that this bill would not 
          result in a revenue impact to the state.
           
          COMMENTS  :   

          1)The Transportation Committee has provided the following BOE 








                                                                  AB 2679
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            statement to explain the tax related provisions of this bill:

               Aligns the adjustment dates of the gasoline and diesel fuel 
               sales tax prepayment rates with the excise tax rate 
               adjustments for both gasoline and diesel fuel as required 
               by the fuel tax swap.  The dates would be changed so that, 
               if and when there are adjustments to the gasoline and 
               diesel fuel excise tax rates, they would also be accounted 
               for in the sales tax prepayment rate thereby reducing the 
               time and costs associated with adjusting the rates at two 
               different times, for both the BOE and the affected 
               industry.  Technical changes would also allow the BOE to 
               notify fuel vendors of a new prepayment rate by means other 
               than mail and would make a clarifying reference to the 
               additional sales tax on diesel fuel set to take effect on 
               July 1, 2011.

          2)The BOE notes the following:

              a)   Sponsor and Purpose  .  This bill is sponsored by the BOE 
               and is a housekeeping measure that would simply align the 
               adjustment dates of the gasoline and diesel fuel sales tax 
               prepayment rates and the diesel fuel Interstate User rate 
               with the dates of the excise tax rate adjustments for both 
               gasoline and diesel fuel as required by the fuel tax swap.
                







                

              b)   This bill is about a change in dates, not rates  .  The 
               following table depicts the proposed date changes:

                           Summary Chart of Deadlines and Dates

          
              ---------------------------------------------------------------- 
             |              |                     |                           |
             |              |     Rate Setting    |   Effective Date of Rate  |
             |              |     Date            |   Change                  |








                                                                  AB 2679
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             |      Ta      |                     |                           |
             |      x       |                     |                           |
              ---------------------------------------------------------------- 
             |--------------+----------+-----------+------------+--------------|
             |              |          |           |            |              |
             |              | Current  |  Propose  |  Current   |  Proposed    |
             |              | Law      |     d     |  Law       |  Law         |
             |              |          |    Law    |            |              |
             |              |          |           |            |              |
             |--------------+----------+-----------+------------+--------------|
             |              |          |           |            |              |
             |    Sales     | November |  March    |    April   |     July 1st |
             |     Tax      |          |  1st      |    1st     |              |
             |   Prepayme   |    1s    |           |            |              |
             |      nt      |    t     |           |            |              |
             |--------------+----------+-----------+------------+--------------|
             |              |          |           |            |              |
             |  Interstate  |          |           |            |              |
             |     User     |          |           |            |              |
             |  component   | October  |  March    |  January   |     July 1st |
             |   b Diesel   | 1st      |  1st      |  1st       |              |
             |   Fuel Tax   |          |           |            |              |
             |     Rate     |          |           |            |              |
             |--------------+----------+-----------+------------+--------------|
             |              |          |           |            |              |
             | Fuel Tax     |  March   |  No       |    July    |   No         |
             |   Swap -     |  1st     |  change   |    1st     |change        |
             |   Excise     |          |           |            |              |
             |   Tax        |          |           |            |              |
              ----------------------------------------------------------------- 


              c)   This bill should benefit both BOE and industry  .  This 
               bill would reduce the time and costs associated with 
               adjusting the rates at least two different times during the 
               year, for both the BOE and the affected industry.  And, 
               because of the annual adjustment to the excise tax rate on 
               July 1, it would be administratively expedient for the BOE, 
               and convenient for the interstate user, to also set the 
               "component b" rate at the same time.  The excise tax rate 
               combined with the "component b" rate comprises the 
               interstate user tax rate.

          3)Committee Staff Comments:









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             a)   This bill was double-referred with the Committee on 
               Transportation, and passed out of that committee on consent 
               on April 16, 2012.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          None on file

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