BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 920
                                                                  Page  1

          Date of Hearing:   May 15, 2013

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

                      AB 920 (Ting) - As Amended:  May 7, 2013 

          Policy Committee:                              Local  
          GovernmentVote:7-0
                        Revenue and Taxation                  6-2

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

           SUMMARY  

          This bill establishes the Property Tax Transparency and  
          Accountability Program that would require three participating  
          counties to include on each county tax bill a comprehensive  
          account of revenues and services funded by local governments for  
          each tax rate area.  This bill also eliminates the requirement  
          that counties pay interest on property tax refunds at a minimum  
          of 3% per year.  Specifically, this bill:
            
          1)Requires each participating county to include in each county  
            tax bill, the following information:

             a)   Beginning with the 2014-15 fiscal year (FY), information  
               that indicates the percentage of the general ad valorem  
               property tax allocated to each local government  
               jurisdiction, including the county, city, special district,  
               and school district in the tax rate area (TRA) in which the  
               property is located.

             b)   Beginning with the 2015-16 FY, a comprehensive account  
               of all the services funded by local governments, including  
               services provided by the county, city, special district and  
               any school district in the TRA in which the property is  
               located.

          2)Requires, upon the cessation of the pilot program, each of the  
            participating counties to provide a report to the Legislature  
            regarding the implementation of the pilot program, including  
            any required technology upgrades, workload adjustments, tax  
            bill designs, costs, and any recommendations regarding how a  








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            county can best increase transparency about the use of general  
            ad valorem property tax revenues by local governments.

          3)Eliminates the requirement that counties pay interest on  
            property tax refunds at the greater of 3% per year or the  
            county pool apportioned rate, and instead, requires payment  
            only at the county pool apportioned rate.

           FISCAL EFFECT  

          This bill is keyed a state reimbursable mandate.  The bill is  
          silent about how the three pilot counties will be selected.   
          Once counties are identified either in the legislation or by an  
          agency administering the pilot program, there will be  
          substantial reimbursable costs, perhaps in the millions of  
          dollars, depending on the information technology upgrades and  
          changes necessary to implement this bill.
           COMMENTS
           
           1)Purpose  .  According to the author, California property tax  
            bills are complex and often confusing to the taxpayer.  The  
            author contends many taxpayers are unaware that all revenue  
            from property taxes is kept exclusively at the local level for  
            vital services such as education and police and fire  
            protection.  The author argues it is critical that they be  
            provided a receipt for their payment informing them of the  
            local government services funded by their payment, similar to  
            any other receipt they receive when conducting a financial  
            transaction.  The author contends disclosure will increase  
            transparency and provide more information to taxpayers about  
            the important services, such as schools and public safety,  
            funded by property tax revenue.

            Currently, any taxpayer owed a refund for property tax  
            overpayment receives payment with interest calculated at the  
            greater of three-percent or at the county pool apportioned  
            rate.  The county pool apportioned rate is the interest earned  
            on the pooled idle funds held and invested by the county  
            treasurer.  The economic downturn has contributed to a fall in  
            many counties' pool rates, resulting in property tax refunds  
            include interest earned at a rate higher than the county is  
            earning.  The author argues this loss of local government  
            revenue redirects money away from schools and other important  
            services.  









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           2)Support  .  According to the proponents, including the  
            California Professional Firefighters, AFSCME and CALPIRG,  
            property taxes are the most important revenue stream for local  
            governments and AB 920 will promote transparency and mutual  
            understanding of the money that funds schools and other  
            important local services.  Currently, it is impossible for  
            taxpayers to discern from their property tax bill what revenue  
            is kept at the local level for important services such as  
            schools, police and fire.  They state the disclosure required  
            in the bill will help taxpayers understand their often complex  
            and confusing property tax bills. 

           3)Concerns  .  The California State Association of Counties  
            (CSAC), the California Association of County Treasurers and  
            Tax Collectors, and the State Association of County Auditors  
            express support for the concept of providing transparency to  
            taxpayers, but express concerns over the fiscal and practical  
            requirements in this bill.  CSAC notes the state has shifted,  
            flipped, swapped and reallocated property tax revenues for a  
            variety of reasons, and county auditors have implemented those  
            provisions as directed by state law.  They note the  
            significant complexity of the statute makes it difficult to  
            accurately reflect property tax allocations in a manner that  
            is meaningful for citizens.  

           4)Opposition  .  Opponents, including CalTax, object to the  
            provisions that reduce the interest rate paid by county tax  
            collectors and treasurers on property tax refunds owed to  
            taxpayers.  They understand counties' desire to reduce their  
            interest costs, but this proposal sets up a disparity between  
            the interest rate that counties charge taxpayers for  
            underpayments and the rate at which they pay taxpayers for  
            overpayments.  They argue interest is supposed to be  
            compensation for the use of money, not a revenue-raising  
            function or an additional penalty on taxpayers.

           5)Background  .  When property owners pay property tax bills to  
            the county treasurer-tax collector, the funds are transferred  
            to the county auditor for distribution.  On a typical property  
            tax bill, however, the 1% rate established by Proposition 13  
            is listed as a general tax levy or countywide rate, with no  
            indication as to which local governments receive the revenue  
            or for what purpose the funds are used.  In general, county  
            auditors are required by a series of complex state statutes to  
            allocate revenue from the 1% rate to a variety of local  








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            governments within the county pursuant to a series of complex  
            state statutes.

            The allocation system in current law was established by AB 8  
            (Greene), Chapter 282, Statutes of 1979.  Each county is  
            divided into tax rate areas, geographical areas within a  
            county served by the same local governments, county, city,  
            schools and special districts.  The number of tax rate areas  
            vary.  Some counties may have hundreds, even thousands of tax  
            rate areas.  Auditors allocate revenue to local governments,  
            as directed by existing law, by tax rate area.

           6)Refunds  .  Under current law, counties must pay property tax  
            refunds with interest calculated at the greater of 3% per year  
            or at the county pool apportioned rate, the interest earned on  
            pooled idle funds held and invested by the county treasurer.   
            In 2012, the pool rate for all 58 counties was below 3%,  
            ranging from .0045% in Plumas County to 2.58% in Tulare  
            County.  Despite the low rates for refunds, penalties and  
            interest can be very high for individuals that do not pay  
            certain taxes on time.  For example, the taxes on the  
            supplemental roll become delinquent on December 10 for the  
            first installment.  If the taxes due are not paid before they  
            become delinquent, a penalty of 10% will be imposed plus costs  
            and penalties accruing at a rate of 1.5% per month. 

           7)Prior legislation  .  AB 1957 (Gordon) of 2012, among its other  
            provisions, allowed counties to pay interest on refunds at the  
            county pool apportioned rate.  This bill failed in Assembly  
            Local Government Committee.




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