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HomeMy WebLinkAboutSB 699 - Manufacturing EquipmentCITY OF PALM DESERT COMMUNITY SERVICES DEPARTMENT STAFF REPORT REQUEST: CONSIDERATION OF LEGISLATIVE REVIEW COMMITTEE ACTION ON SB 699 (ALQUIST) AT ITS MEETING OF MARCH 24, 2009. DATE: April 9, 2009 CONTENTS: SB 699 Language RECOMMENDATION: By Minute Motion, concur with the action taken by the Legislative Review Committee at its meeting of March 24, 2009, and direct staff to prepare a letter of opposition for the Mayor's signature with regard to SB 699 (Alquist) relative to manufacturing equipment. BACKGROUND: The Sales and Use Tax Law imposes tax on the gross receipts from the sale, storage, use or other consumption of tangible personal property. If passed, SB 699 would exempt from sales and use tax manufacturing equipment produced to reduce energy and water use. The City of Palm Desert opposes any legislation which would remove funds needed to provide services and facilities for its residents and guests. Therefore the Legislative Review Committee recommends that the City Council oppose SB 699 and direct staff to prepare a letter stating that position to appropriate legislators and committees for the,Nlayor's signature. PATRICIA SCULLY, CFEE PAUL GIBSON SENIOR MANAGEMENT ALYST DIRECTOR OF FINANCE/CITY TREASURER SHEILA R. GILL ACM/COMMUNITY SER o HN M. WOHLMUTH / CITY MANAGER CITY COUNCILACTION APPROVED f DENIED RECEIVED OTIIER MEETING DATE W'9-C'� AYES• nsttn,F'efjusonj / I- r-/y,/ e1)j, SpieJe/ NOES: &(V)( ABSENT: A/ T)ne-- ABSTAIN: Alnne VERIFIED BY: % L)i (ra Original on File with City Clerk's Office State Net Bill Text <-3 Page 1 of 1 In bill text the following has special meaning underline denotes added text tcxt dcnok,s 2009 CA S 699 AUTHOR: Alquist VERSION: Introduced VERSION DATE: 02/27/2009 SENATE BILL No. 699 INTRODUCED BY Senator Alquist (Principal coauthor: Senator Strickland) (Principal coauthor: Assembly Member Ruskin) (Coauthors: Senators Calderon, Hannan, Maldonado, and Walters) (Coauthors: Assembly Members Blakeslee, Buchanan, Coto, Fuentes, Galgiani, Garrick, Harkey, Jeffries, Lieu, Niello, and Portantino) FEBRUARY 27, 2009 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGEST SB 699, as introduced, Alquist. Sales and use tax: manufacturing equipment: energy and water use. The Sales and Use Tax Law imposes a sales tax on the gross receipts from the retail sale in this state of tangible personal property, or a use tax on the storage, use, or other consumption in this state of tangible personal property purchased from a retailer for storage, use, or other consumption in this state. This bill would declare the intent of the Legislature to enact legislation that would exempt from sales and use taxes, the sale and purchase of manufacturing equipment that reduces energy and water use, and increases energy efficiency and water recycling. Vote: majority. Appropriation: no. Fiscal committee: no. State -mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. It is the intent of the Legislature to enact legislation that would exempt from sales and use taxes, the sale and purchase of manufacturing equipment that reduces energy and water use, and increases energy efficiency and water recycling. Copyright 2009 State Net. All Rights Reser ved. htto://client.statenet.com/secure/pe/ts.cgi?mode=fetch&text version=CA2009000S699 20... 2/28/2009