BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  SB 223
                                                                  Page  1

          Date of Hearing:   August 17, 2011

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                     SB 223 (Leno) - As Amended:  July 11, 2011 

          Policy Committee:                             Revenue and 
          Taxation     Vote:                            5-3

          Urgency:     No                   State Mandated Local Program: 
          No     Reimbursable:              

           SUMMARY  

          This bill authorizes the City and County of San Francisco to 
          impose an ordinance establishing a voter-approved local 
          assessment on specified vehicles.  Specifically, this bill:   

          1)Requires the ordinance proposing the vehicle assessment to 
            meet the specified requirements of the bill and be approved by 
            a two-thirds vote of the board of supervisors and a majority 
            vote of the voters.

          2)Requires any ordinance imposing a vehicle assessment to 
            include the following specific provisions stating that:  

             a)   The vehicle assessment is to be imposed on residents of 
               the county, or city and county, for the privilege of 
               operating a vehicle or trailer coach on public highways in 
               the city and county.

             b)   The amount of the vehicle assessment is to be set at the 
               difference between 2% of the market value of a vehicle or 
               trailer and the current state vehicle license fee (VLF) and 
               cannot exceed 2% of a vehicle's market value.

          1)The city and county, is required to contract with the 
            Department of Motor Vehicles (DMV) to administer and collect 
            the vehicle assessment and the city and county must pay DMV 
            for the initial setup and programming costs identified by the 
            DMV.

          2)Requires DMV to perform the functions necessary to establish 
            and collect the vehicle assessment and to transmit to the 








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            State Controller for deposit in the General Fund the amount 
            necessary to compensate for the loss incurred in the prior 
            year as the result of the deductions taken by the taxpayers 
            for the vehicle assessments under the personal income tax and 
            the corporation tax.

          3)Provides that if the city and county impose a vehicle 
            assessment and experience a reduction in revenue because of an 
            increase in the VLF rate, including any offset to that rate, 
            the state will not reimburse the city and county, for that 
            loss in revenue.

          4)Requires the Franchise Tax Board (FTB) to report to DMV an 
            estimate of the total amount of revenue lost to the state 
            resulting from deductions taken under for taxes paid as a 
            result of the vehicle assessment having been imposed. 

           FISCAL EFFECT  

          DMV will incur approximately $500,000 initially to set up the 
          fee collection, with ongoing costs of $100,000 annually. These 
          will be reimbursed from the fee proceeds. FTB will incur some 
          costs which are expected to be minor and absorbable.

          Because the fees paid are deductible from income taxes, there 
          will be a state revenue loss of approximately $3 million, which 
          will be paid back from the fee collections in the subsequent 
          year, assuming the tax is set at its maximum rate of 1.35%.  A 
          net city and county rate of 1.35% will produce approximately $65 
          million for the City and County of San Francisco.  This estimate 
          is based on a forecast by the Department of Finances of an 
          estimated gross value of automobiles in California of $340 
          billion and recent DMV figures on the proportion of car 
          registrations in San Francisco.

           COMMENTS  

           1)Purpose.   According to the author's office, the VLF is one of 
            the state's largest sources of general-purpose tax revenues 
            and funds vital programs, including public safety, public 
            health, social services, fire protection, public works and 
            cultural activities.  This bill would allow the City and 
            County of San Francisco the option to add a Voter Approved 
            Local Assessment (VALA) to the VLF should the Board of 
            Supervisors approve it with a 2/3 vote and the voters approve 








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            with a majority vote.

           2)Background.   The VLF was established by the Legislature in 
            1935 in lieu of a property tax on vehicles.  The VLF is a 
            state tax levied on the purchase price of a vehicle, and 
            subsequently annually assessed against the vehicle's value 
            adjusted by a statutory depreciation schedule.  Proposition 
            1A, approved by the voters in November 2004, requires that VLF 
            revenue from the existing 0.65% rate be allocated to support 
            local health, mental health and social services costs under 
            realignment, or, be otherwise allocated to local government.  
            For the taxpayer, VLF is deductible on both state and federal 
            income taxes.

            The VLF tax rate is currently .65% of the value of a vehicle, 
            but historically the rate has been 2%.  Until May 19, 2009, 
            the rate was 0.65%, AB 3XXX (Evans, 2009) temporarily 
            increased the VLF rate to 1.15% and dedicated revenue from the 
            portion of the increase from 0.65% to 1% to the state General 
            Fund and revenue from the additional increase of 0.15% to 
            specific local public safety programs.  The  AB 3XX VLF rate 
            increase expired June 30, 2011.

           3)General Tax vs. Special Tax  .  A tax is a general tax only when 
            its revenues are placed into the General Fund and are 
            available for expenditure for any and all governmental 
            purposes.  A general tax must be approved by a majority vote 
            of the electorate, whereas a special tax may be imposed only 
            with the approval of two-thirds vote of the local voters.  SB 
            223 authorizes a local county board of supervisors, by a 
            two-thirds vote, to place before the county voters, an 
            ordinance to levy a local vehicle assessment for general 
            revenue purposes, rather than a specified purpose.  As such, 
            the ordinance only needs to be approved by a majority of the 
            county voters and does not require the supermajority vote 
            otherwise required for special taxes.

           4)Relevant legislation  .  SB 653 (Steinberg), introduced in the 
            current legislative session, authorizes local governments to 
            enact a local VLF, income tax, various excise taxes and a 
            local oil severance tax.  SB 653 is pending on the Senate 
            Floor.

           5)Previous legislation  .  A substantially similar bill, SB 10 
            (Leno, 2009), died on the Assembly Floor.  Similar bills, AB 








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            799 (Leno, 2005) and AB 1590 (Leno, 2007) would have applied 
            only to the city and county of San Francisco.  AB 799 was 
            vetoed by Governor Schwarzenegger and AB 1590 was held in 
            Senate Revenue and Taxation Committee.
           
          6)Support  .  Proponents of this bill state that counties face 
            serious budget deficits, which threaten many vital health, 
            welfare, and public services.  Under existing law, counties 
            have very few options to implement broad-based revenue 
            measures to fill the looming budget gaps.  Proponents argue 
            that SB 223 would "allow communities that are willing to pay 
            more money for local services to do so, without forcing the 
            same of residents in other areas."  This bill would create a 
            tool for local governments to continue to provide the level of 
            public services residents demand.
           
          7)Opposition  .  Opponents of this bill argue that it will double 
            the car tax for San Francisco and that California motorists 
            already are overburdened with vehicles fees and taxes, 
            including the highest sales tax and highest gasoline tax.  
            They note this bill will adversely impact vehicle sales, 
            already hit hard by the economic recession and will exacerbate 
            the industry's financial difficulties.  They also state that 
            this measure must be approved by a two-thirds vote of the 
            Legislature to be constitutionally valid as it results in 
            taxpayers paying higher taxes.



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