Bill
Bill > SB333
summary
Introduced
02/12/2025
02/12/2025
In Committee
07/14/2025
07/14/2025
Crossed Over
05/29/2025
05/29/2025
Passed
09/10/2025
09/10/2025
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to add Chapter 3.83 (commencing with Section 7294.5) to Part 1.7 of Division 2 of the Revenue and Taxation Code, relating to taxation.
AI Summary
This bill authorizes the San Luis Obispo Council of Governments (SLOCOG) to levy a transactions and use tax (a type of sales tax) at a rate of up to 1%, which would normally exceed the existing legal limit of combined local tax rates. The bill allows this special tax to be implemented only if specific conditions are met: the SLOCOG must adopt an ordinance proposing the tax, submit the ordinance to voters for approval, receive voter approval between January 1, 2026, and January 1, 2032, and ensure the tax conforms to the existing Transactions and Use Tax Law. Importantly, this tax would not count toward the standard 2% combined tax rate limit, making it an exception to typical tax regulations. The Legislature justifies this special statute by citing unique fiscal pressures in San Luis Obispo County that cannot be addressed through a general law. The bill essentially provides SLOCOG with additional financial flexibility to generate revenue through a voter-approved local sales tax increase.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (4)
Last Action
Enrolled and presented to the Governor at 2 p.m. (on 09/17/2025)
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