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AB-2647 Sales and use taxes.(2019-2020)

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Date Published: 02/20/2020 09:00 PM
AB2647:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Assembly Bill
No. 2647


Introduced by Assembly Member Fong

February 20, 2020


An act to amend Section 6010.1 of the Revenue and Taxation Code, relating to taxation.


LEGISLATIVE COUNSEL'S DIGEST


AB 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 lessee’s possession of tangible personal property in this state.
This bill would make nonsubstantive changes to these provisions.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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.