California Assembly Bill AB1836 Introduced / Bill

 BILL NUMBER: AB 1836INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Furutani FEBRUARY 12, 2010 An act to amend Section 6390 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGEST AB 1836, as introduced, Furutani. Sales tax: exemption: rentals. The Sales and Use Tax Law imposes a tax on retailers measured by the gross receipts from the sale of tangible personal property sold at retail in this state, or 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. Existing law exempts from the computation of the amount of the sales tax the rentals payable under a lease of tangible personal property, under specified conditions. This bill would make technical, nonsubstantive changes to those provisions. 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. Section 6390 of the Revenue and Taxation Code is amended to read: 6390. There are exempted from the computation of the amount of the sales tax the rentals payable under a lease of tangible personal property  (a)     when such rentals   in either of the following cases:   are   (a)    When th   e rentals are  required to be included in the measure of the use tax  or (b)     when such property   .   (b)     When the property  is situated outside this state.