California 2019-2020 Regular Session

California Assembly Bill AB2647 Compare Versions

Only one version of the bill is available at this time.

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1	1	CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 2647Introduced by Assembly Member FongFebruary 20, 2020 An act to amend Section 6010.1 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGESTAB 2647, as introduced, Fong. Sales and use taxes.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, and imposes the use tax on a lessees possession of tangible personal property in this state.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 6010.1 of the Revenue and Taxation Code is amended to read:6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.
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3	3	CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 2647Introduced by Assembly Member FongFebruary 20, 2020 An act to amend Section 6010.1 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGESTAB 2647, as introduced, Fong. Sales and use taxes.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, and imposes the use tax on a lessees possession of tangible personal property in this state.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
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9	9	CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION
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11	11	Assembly Bill
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13	13	No. 2647
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15	15	Introduced by Assembly Member FongFebruary 20, 2020
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17	17	Introduced by Assembly Member Fong
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20	20	An act to amend Section 6010.1 of the Revenue and Taxation Code, relating to taxation.
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22	22	LEGISLATIVE COUNSEL'S DIGEST
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24	24	## LEGISLATIVE COUNSEL'S DIGEST
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26	26	AB 2647, as introduced, Fong. Sales and use taxes.
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28	28	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, and imposes the use tax on a lessees possession of tangible personal property in this state.This bill would make nonsubstantive changes to these provisions.
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30	30	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, and imposes the use tax on a lessees possession of tangible personal property in this state.
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32	32	This bill would make nonsubstantive changes to these provisions.
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34	34	## Digest Key
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36	36	## Bill Text
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38	38	The people of the State of California do enact as follows:SECTION 1. Section 6010.1 of the Revenue and Taxation Code is amended to read:6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.
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40	40	The people of the State of California do enact as follows:
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42	42	## The people of the State of California do enact as follows:
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44	44	SECTION 1. Section 6010.1 of the Revenue and Taxation Code is amended to read:6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.
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46	46	SECTION 1. Section 6010.1 of the Revenue and Taxation Code is amended to read:
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48	48	### SECTION 1.
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50	50	6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.
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52	52	6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.
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54	54	6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.
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58	58	6010.1. The possession of tangible personal property by a lessee, or by another person at the direction of the lessee, is a continuing purchase for use in this state by the lessee as respects with respect to any period of time the leased property is situated in this state, irrespective of the time or place of delivery of the property to the lessee or such that other person.