California – Senate Bill 533 Signed

SALT Report 3730 – The governor of California has signed SB 533, which, beginning on January 1, 2016, further limits the power of a city or a county to enter into an agreement with a retailer that would result in the payment, transfer, diversion, or rebate of local sales and use tax. On October 9, 2015, Governor Brown signed Senate Bill 533 (Ting), Stats. 2015, c. 717, which generally prohibits a California local agency on or after January 1, 2016, from entering into an agreement that would result in the payment, transfer, diversion, or rebate of Bradley-Burns local tax proceeds to a retailer if the agreement results in a reduction of revenue that is received by another local agency.

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