The proposed change in AB 2130 reflects an effort to provide greater operational flexibility for feepayers, particularly those who may face cash flow challenges due to the timing of fee assessments. By allowing an extra two weeks for remittance, the bill could facilitate smoother compliance for businesses, reducing the risk of late fees or penalties. This shift might also stimulate the state’s overall approach toward hazardous substance regulation, presenting the possibility of revisiting other aspects of the tax law that affect environmental compliance.
Summary
Assembly Bill No. 2130, introduced by Assembly Member Brough, aims to amend Section 43152.10 of the Revenue and Taxation Code, specifically addressing the timeline for fee remittance in relation to the Hazardous Substance Tax Law. This amendment extends the period for a feepayer to deliver remittances of assessed fees from 30 days to 45 days after the date of assessment. By revising this timeline, the bill seeks to provide an additional grace period for businesses and other entities responsible for paying hazardous waste disposal fees and related costs, easing the financial burden during the remittance process.
Contention
While the bill primarily seems aimed at providing relief for businesses, it also raises questions regarding its broader implications on environmental governance. Critics of extending the remittance period may argue that such changes could delay funding for hazardous waste management and environmental protection programs, potentially hindering timely responses to environmental issues. There may be concerns about whether an extended timeline could encourage complacency or a lack of urgency in managing hazardous substances, which could have negative ramifications for public health and safety.