ASSEMBLY APPROVES TAX-SHARE PROPOSAL.Byline: Jim Skeen Daily News Staff Writer A proposed state constitutional amendment making it easier for cities and counties to share sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. revenue passed the state Assembly, the bill's author announced Friday. Assembly Constitutional Amendment 10, authored by Assemblyman as·sem·bly·man n. A man who is a member of a legislative assembly. assemblyman Noun pl -men a member of a legislative assembly Noun 1. George Runner George C. Runner, Jr. (born March 25 1952 in Scotia, New York) is a Republican California State Senator, who represents the 17th Senate District, which includes portions of Los Angeles County, San Bernardino County and Ventura County. , R-Lancaster, passed 64-4. It will move to the Senate Local Government Committee for a hearing in the next few weeks. If approved by the Senate, the bill ultimately will be placed before voters. ``This constitutional amendment will be a monumental change for the better for taxpayers and local governments,'' Runner said. ``Allowing local governments the ability to share sales tax from big box retailers will benefit all communities, preventing an unnecessary tug-of-war.'' ACA ACA - Application Control Architecture 10 would allow cities and counties to enter into tax-sharing agreements by two-thirds votes of their governing boards. State law now requires a vote by residents. The bill would allow communities to split revenue on a case-by-case basis. Existing law makes that impractical because of the public vote requirement, supporters of the bill say. ``ACA 10 is supported by the Howard Jarvis Taxpayers Association Howard Jarvis Taxpayers Association helped sponsor Proposition 13, the property tax-cutting initiative in California in 1978 which slashed property taxes by fifty-seven percent and initiated a national tax revolt. It was founded by California republican Howard Jarvis. , the League of California Cities, the California State Association of Counties, among others,'' Runner said. ``It has received no opposition from any local entity or organization, which demonstrates the need for this measure.'' The cities of Lancaster and Palmdale have talked about entering into a sales tax revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. agreement as a way to discourage the incentive bidding wars that break out in attracting big retail companies. However, the cities cannot agree on how to make such an agreement work. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion