Italicized text includes proposed additions to law or the previous version of the bill.
Struck text includes proposed deletions to law or the previous version of the bill.
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INTRODUCED BY Senator Alquist
(Principal coauthor: Senator Strickland)
(Principal coauthor: Assembly Member Ruskin)
(Coauthors: Senators Calderon, Harman, 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.
