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AB-724 Sales and use taxes: exemption: museum displays: Jimmy Doolittle Air and Space Museum Education Foundation.(2015-2016)

Senate
Assembly
1st
Cmt
2nd
3rd
Pass
1st
Cmt
2nd
3rd
Pass
Cmt
Pass
Veto
Senate
Assembly
1st
Cmt
2nd
3rd
Pass
1st
Cmt
2nd
3rd
Pass
Cmt
Pass
Veto

Bill Status
AB-724
Dodd (A) , Frazier (A)
Nielsen (S) , Wolk (S)
-
Sales and use taxes: exemption: museum displays: Jimmy Doolittle Air and Space Museum Education Foundation.
03/28/15
An act to amend Section 6366.4 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
Assembly
08/25/16
04/14/16

Type of Measure
Inactive Bill - Vetoed
Majority Vote Required
Non-Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Urgency
Tax levy
Last 5 History Actions
Date Action
09/13/16 Vetoed by Governor.
08/31/16 Enrolled and presented to the Governor at 4 p.m.
08/24/16 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 6220.).
08/23/16 From committee: That the Senate amendments be concurred in. (Ayes 9. Noes 0.) (August 23).
08/04/16 Re-referred to Com. on REV. & TAX. pursuant to Assembly Rule 77.2.
Governor's Message
To the Members of the California State Assembly:

I am returning the following seven bills without my signature:

Assembly Bill 717
Assembly Bill 724
Assembly Bill 1561
Assembly Bill 2127
Assembly Bill 2728
Senate Bill 898
Senate Bill 907

Each of these bills creates a new tax break or expands an existing tax break. In total, these bills would reduce revenues by about $300 million through 2017-18.

As I said last year, tax breaks are the same as new spending -- they both cost the General Fund money. As such, they must be considered during budget deliberations so that all spending proposals are weighed against each other at the same time. This is even more important when the state's budget remains precariously balanced.

Therefore, I cannot sign these measures.

Sincerely,



Edmund G. Brown Jr.