BILL ANALYSIS                                                                                                                                                                                                    �



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          SENATE THIRD READING
          SB 1243 (Alan Lowenthal)
          As Amended  May 25, 2012
          Majority vote.  Tax levy. 

           SENATE VOTE  :38-0  
           
           REVENUE & TAXATION  8-0         APPROPRIATIONS      17-0        
           
           ----------------------------------------------------------------- 
          |Ayes:|Perea, Harkey, Beall,     |Ayes:|Gatto, Harkey,            |
          |     |Cedillo, Fletcher,        |     |Blumenfield, Bradford,    |
          |     |Fuentes, Gordon, Nestande |     |Charles Calderon, Campos, |
          |     |                          |     |Davis, Donnelly, Fuentes, |
          |     |                          |     |Hall, Hill, Cedillo,      |
          |     |                          |     |Mitchell, Nielsen, Norby, |
          |     |                          |     |Solorio, Wagner           |
           ----------------------------------------------------------------- 

           SUMMARY  :  Extends the sunset date for the current sales tax 
          exemption for specified fuel and petroleum products (e.g., 
          bunker fuel) sold to water common carriers.  Specifically,  this 
          bill  :

          1)Extends, from January 1, 2014, to January 1, 2024, the sunset 
            date for the current sales tax exemption for fuel and 
            petroleum products sold to a water common carrier for 
            immediate shipment outside California for consumption after 
            the carrier's first out-of-state destination, as specified.  

          2)Modifies the definition of "first out-of-state destination" to 
            replace the reference to "bunkered" fuel with "transferred" 
            fuel. 

          3)Deletes an outdated provision of current law requiring the 
            Legislative Analyst's Office (LAO) to submit a report on 
            December 31, 2005, evaluating the economic impact of the 
            partial sales tax exemption for bunker fuel.  

          4)Provides that, notwithstanding existing law, the state shall 
            not reimburse any local agency for any sales and use tax (SUT) 
            revenues lost as a result of this act.  

          5)Takes immediate effect as a tax levy. 








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           EXISTING LAW  :

          1)Imposes a sales tax on retailers for the privilege of selling 
            tangible personal property (TPP), absent a specific exemption. 
             The tax is based upon the retailer's gross receipts from TPP 
            sales in this state.

          2)Provides a sales tax exemption for fuel and petroleum products 
            sold to a water "common carrier" for immediate shipment 
            outside this state for consumption in the conduct of its 
            business as a common carrier after the "first out-of-state 
            destination."  To qualify for this exemption, the common 
            carrier must provide the seller an exemption certificate 
            showing the quantity of fuel claimed as exempt, which will be 
            consumed after reaching the "first out-of-state destination."  
            �Revenue and Taxation Code (R&TC) Section 6385(c)].  

          3)Defines a "common carrier" to include any vessel engaged, for 
            compensation, in transporting persons or property in 
            interstate or foreign commerce.  �R&TC Section 6385(e)].  

          4)Defines "first out-of-state destination" to mean the first 
            point reached outside this state by a common carrier at which 
            cargo or passengers are loaded or discharged, cargo containers 
            are added or removed, fuel is bunkered, or docking fees are 
            charged.  The term is also defined to include the entry point 
            of the Panama Canal when the carrier is only transiting the 
            canal in the conduct of its business as a common carrier.  
            �R&TC Section 6385(d)].  

          5)Provides for the automatic repeal of the "bunker fuel" sales 
            tax exemption provisions described above on January 1, 2014.  
            �R&TC Section 6385(m)].

          6)Provides that the state will reimburse counties and cities for 
            revenue losses caused by the enactment of SUT exemptions.    

           FISCAL EFFECT  :  The State Board of Equalization (BOE) estimates 
          state and local revenue losses of between $91.7 million and 
          $137.5 million annually beginning in 2014.  

           COMMENTS  :  The author notes that this bill extends a sunset in 
          current law, thereby continuing a partial sales tax exemption 








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          for maritime fuels.  This partial exemption is currently set to 
          expire on January 1, 2014.  The author notes that this partial 
          exemption has expired twice in the past, and both times the 
          state lost hundreds of jobs.  Finally, the author states, "SB 
          1243 seeks to protect port jobs and provide stability to the 
          marketplace by extending the sunset on the partial sales tax 
          exemption for maritime fuel."  

          Assembly Revenue and Taxation Committee staff comments:

           1)Background  :  Bunker fuel refers to the fuel used to propel 
            ships.  Like most tangible products sold in California, bunker 
            fuel is generally subject to the state's SUT Law.  However, 
            the state currently provides a partial SUT exemption for 
            bunker fuel sales.  Specifically, it does not tax fuel that 
            will be consumed by a ship after its first out-of-state 
            destination.  

           2)History of the bunker fuel exemption :  As noted by the LAO, 
            California's tax treatment of bunker fuel has changed back and 
            forth over time.  From July 15, 1991, through December 31, 
            1992, and again from January 1, 2003 through March 31, 2004, 
            California fully taxed all bunker fuel sales in the state.  On 
            April 1, 2004, however, California reinstated the partial 
            exemption that had been allowed prior to July 1991 and from 
            January 1, 1993 through December 31, 2002.  This partial 
            exemption is currently set to expire on January 1, 2014.  

           3)The LAO's first study  :  In January 2001, the LAO released a 
            statutorily mandated study on bunker fuel pursuant to AB 366 
            (Havice), Chapter 615, Statutes of 1997.  In this report, the 
            LAO noted that the bunker fuel industry experienced a decline 
            in California in the 1990s.  A host of factors contributed to 
            this decline.  Specifically, the LAO pointed to general 
            economic conditions, reductions in refining capacity, changes 
            in shipping technology, the development of alternative bunker 
            fuel facilities outside California, and the temporary 
            revocation of the SUT exemption for bunker fuel during this 
            period.  

            The LAO further noted that the revocation of the SUT exemption 
            from July 1991 through December 1992 likely resulted in the 
            loss of between 100-200 industry-related jobs, while 
            increasing state and local SUT revenues by roughly $20 to $30 








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            million.  As such, the LAO concluded that a partial exemption 
            for bunker fuel represents "an appropriate tax policy." 

           4)The LAO takes another look  :  In November 2007, the LAO 
            prepared a second report in response to SB 808 (Karnette), 
            Chapter 712, Statutes of 2003, which reinstated the partial 
            exemption and also required the LAO to submit a report 
            assessing the partial exemption's impacts.  In its 2007 
            report, the LAO found that the revocation of the SUT exemption 
            for bunker fuel during 2003 and 2004 produced impacts similar 
            to those experienced during the early 1990s.  The LAO also 
            noted that, due to recent increases in fuel prices, revoking 
            the SUT exemption now would likely have an even larger adverse 
            impact than it did previously.  In its bottom-line findings, 
            the LAO stated:

            Based on our review of the performance of the bunker fuel 
            market both with and without the partial exemption in place, 
            we conclude that the partial SUT exemption for bunker fuel 
            increases California bunker fuel sales and related economic 
            activities.  At the same time, however, it reduces state and 
            local revenues by tens of millions of dollars annually. 

            Thus, the LAO recommended removing the existing sunset for the 
            partial SUT exemption entirely.

           5)What would this bill do  ?:  As noted above, this bill would 
            extend, until January 1, 2024, the sunset date for the current 
            partial sales tax exemption for bunker fuel.  This bill would 
            also revise the definition of "first out-of-state 
            destination."  Currently, the term is defined as the first 
            point reached outside this state by a common carrier at which 
            cargo or passengers are loaded or discharged, cargo containers 
            are added or removed, fuel is bunkered, or docking fees are 
            charged.  This bill would replace the term "bunkered" with 
            "transferred."  According to the author's office, the term 
            "bunkered" is simply outdated.  


           Analysis Prepared by  :  M. David Ruff / REV. & TAX. / (916) 
          319-2098 


                                                                FN: 0004968








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