Bill Text: CA AB81 | 2011-2012 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Sales and use taxes: exemptions: fuel and petroleum

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2012-02-01 - Died pursuant to Art. IV, Sec. 10(c) of the Constitution. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB81 Detail]

Download: California-2011-AB81-Introduced.html

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BILL NUMBER: AB 81	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Beall

                        JANUARY 4, 2011

   An act to amend Section 7392 of the Revenue and Taxation Code,
relating to taxation, to take effect immediately, tax levy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 81, as introduced, Beall. Fuel taxes: aircraft jet fuel
dealers: rate.
   Existing law imposes a tax for the privilege of using or selling
aircraft jet fuel upon each aircraft jet fuel dealer at a rate of
$0.02 for each gallon of that fuel sold to an aircraft jet fuel user
or used by the dealer as an aircraft jet fuel user.
   This bill would reduce the rate of the jet fuel tax to $0.01 for
each gallon of fuel sold.
   This bill would take effect immediately as a tax levy.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 7392 of the Revenue and Taxation Code is
amended to read:
   7392.  For the privilege of using or selling aircraft jet fuel a
tax is imposed upon every aircraft jet fuel dealer at the rate of
 two cents ($0.02)   one cent ($0.01)  for
each gallon of that fuel sold to an aircraft jet fuel user or used by
the dealer as an aircraft jet fuel user.
  SEC. 2.  This act provides for a tax levy within the meaning of
Article IV of the Constitution and shall go into immediate effect.