Bill > AB2192

This bill makes changes to California's sales and use tax laws to expand an existing exemption for farm equipment and machinery. Currently, this exemption applies to state sales and use taxes for equipment used primarily in producing and harvesting agricultural products. However, this exemption was previously excluded from certain local taxes imposed by counties, cities, and districts. This bill removes that exclusion, meaning the exemption will now also apply to these local taxes, effectively making more farm equipment and machinery purchases tax-exempt statewide. To address the resulting revenue loss for local governments, the bill appropriates $25 million from the General Fund to reimburse counties and cities for these losses and declares that it takes effect immediately as a tax levy.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2192