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HomeMy WebLinkAboutMINUTES - 04181989 - 1.22 M Z z. Y 0. Board of Supervisors FROM: Phil Batchelor, County Administrator OST,-- DATE: April 12, 1989 a cou 1 SUBJECT: LEGISLATION: AB 1514 (Frizzelle & Speier) Specific Request(s) or Recommendations(s) & Background & Justification RECOMMENDATION Adopt a position in SUPPORT of AB 1514 by Assemblyman Frizzelle and Assemblywoman Speier which provides an income tax deduction equal to 80% of the cost to an employee of operating a van or other carpooling vehicle. The bill also provides a tax credit of between 1 and 1/4 % and 10% of an employee's income for using a car-pool, vanpool or public transportation to get to work, depending on the number of weeks during a year the employee using a carpool, vanpool or public transportation. REASONS FOR RECOMMENDATION/BACKGROUND AB 1514 is essentially identical to AB 2859 which Assemblyman Frizzelle carried unsuccessfully during the 1988 Session of the Legislature. The Board of Supervisors supported AB 2859 last year and has been asked by Assemblyman Frizzelle to support AB 1514 this year. A copy of the Board's order supporting AB 2859 and a copy of AB 1514 are attached to this report. Because of the substantial leadership provided by the Board in the past to carpool efforts,it appears appropriate for the Board to support AB 1514 and indicate this support to Assemblyman Frizzelle and Assemblywoman Speier. CONTINUED ON ATTACHMENT: YES SIGNATURE: G if Recommendation of County Administrator Recommendation of Board Committee Approve Other.- Signature(s): ther:Signature(s)• � � A . 11&. �/- -� Action of Board on: April 18. 1989 Approved as Recommended_ C Other Vote of Supervisors I HEREBY CERTIFY THAT THIS IS A TRUE AND X Unanimous(Absent ) CORRECT COPY OF AN ACTION TAKEN AND Ayes: Noes: ENTERED ON HE MINUTES OF THE BOARD Absent: Abstain: OF SUPERVISORS ON DATE SHOWN. cc: County Administrator ATTESTED APR 1 a]gag Community Development Director PHIL BATCHELOR,CLERK OF THE BOARD Public Works Director SUPERVISORS AND COUNTY ADMINISTRATOR Assemblyman Frizzelle Assemblywoman Speier BY: ,Deputy Clerk Les Spahnn,Jackson/Barish &Associates . i CALIFORNIA LEGISLATURE-1989-90 REGULAR SESSION ASSEMBLY BILL No. 1514 i Introduced by Assembly Members Frizzelle and Speier I 1 March 8, 1989 i An act to amend Section 17073 of, and to add and repeal Sections 17053.29, 17073.6, and 23629 of, the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy. LEGISLATIVE COUNSEL'S DIGEST AB 1514, as introduced, Frizzelle. Income taxes: bank and corporation taxes: credits or deductions: ridesharing. The existing Personal Income Tax Law and Bank and Corporation Tax Law provide various deductions from income and credits against taxes. This bill would provide under the Personal Income Tax Law a deduction in computing adjusted gross income, in an amount equal to 80% of the costs incurred by an employee to operate a van or other carpooling vehicle to carpool employees to and from work. It would provide a tax credit under that law- to a qualified employee, as defined, who commutes to and from work in carpools, vanpools, or public transportation in specified amounts based upon the number of points earned during the taxable year. This bill would provide under the Bank and Corporation Tax Law a tax credit in an amount equal to 20% of the operating expenses incurred by an employer for an 4 employer-sponsored ridesharing incentive program, as defined. It would provide an additional credit to specified employers in an amount equal to 20% of specified administrative costs. This bill would provide the above deductions and credits for taxable or income years beginning on or after January 1, 99 50 AB 1514 — 2- 1989, and before January 1,- 1994. It would repeal those provisions on December 1, 1994, unless a later enacted statute extends or repeals that date. This bill would take effect immediately as a tax levy. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. The people of the State of California do enact as follows., I SECTION 1. Section 17053.29 is added to the 2 Revenue and Taxation Code, to read: 3 17053.29. (a) For taxable years beginning on or after 4 January 1, 1989, and before January 1, 1994, there shall be 5 allowed as a credit against the "net tax" (as defined by 6 Section 17039) an amount equal to the amount 7 determined in subdivision .(b) . 8 (b) A credit shall be allowed to a qualified employee 9 who commutes to and from work in carpools, vanpools, or 10 public transportation in an amount equal to the 11 following: 12 (1) Ten percent of the amount of thequalified 13 employee's earned income directly related to 14 employment within California to which the qualified .15 employee commutes using carpools, vanpools, or public 16 transportation if the qualified employee earns 144 points 17 during the taxable year. 18 (2) Five percent of the amount of the qualified 19 employee's earned income directly related to 20 employment within California to which the qualified 21 employee commutes using carpools, vanpools, or public 22 transportation if the qualified employee earns at least 72 23 points during the taxable year. 24 (3) Two and one-half percent of the amount of the 25 qualified employee's earned income directly related to 26 employment within California to which the qualified 27 employee commutes using carpools, vanpools, or public 28 transportation if the qualified employee earns at least 36 29 points during the taxable year. 30 (4) One and one-quarter percent of the amount of the 31 qualified employee's earned income directly related to 99 70 t — 3 — AB 1514 epeal those 1 employment within California to which the qualified tcted statute 2 employee commutes using carpools, vanpools, or public 3 transportation if the qualified employee earns at least 18 ix levy. 4 points during the taxable year. .mittee: yes. 5 (c) For purposes of this section, points shall be earned 6 as follows: 7 (1) A qualified employee shall earn six points for each �s follows: 8 two-week period that the qualified employee commutes 9 to and from work in carpools, vanpools, or public �.ed to the 10 transportation. 11 (2) A qualified employee shall be deemed to have met on or after 12 the requirements of paragraph (1) if that employee sere shall be 13 commutes to and from work in carpools or public defined by 14 transportation at least four times per week for two he amount 15 consecutive weeks. 16 (3) A qualified employee shall substantiate the points !d employee 17 earned as follows: vanpools, or 18 (A) By keeping a contemporaneous log of each ual to the 3 19 commute to and from work made in a carpool. 20 (B) By saving receipts, tickets, or other evidence that ie qualified 21 public transportation was used for commuting to and related to 22 from work. ze qualified 23 (4) For the purpose of earning points, the two-week 1s, or public 24 period is deemed to begin on Monday of the first week is 144 points 25 and end on the second following Friday. 26 (d) For purposes of this section: ie qualified 27 (1) "Carpool" means two or more persons commuting related to 28 on a daily basis to and from work by means of a vehicle Lie qualified 29 with a seating arrangement designed to carry less than ls, or public 30 seven adults, including the driver. is at least 72 31 (2) "Public transportation" means transportation 32 service for use by the general public that utilizes buses, Lount of the 33 railcars, or ferries with a seating capacity of 16 or more y related to :. 34 persons. -ie qualified 35 (3) "Qualified employee" means an individual who ls, or public 36 performs service for an employer for more than 30 hours is at least 36 37 per week for remuneration. 38 (4) " Vanpool" means two or more persons nount of the 39 commuting on a daily basis to and from work by means y related to 40 of a privately owned vehicle with a seating arrangement 99 70 99 90 y AB 1514 — 4 - 1 4 -1 designed to carry less than 15 persons, including the 2 driver. 3 (e) In the case where the credit allowed by this section 4 exceeds the "net tax," the excess may be carried over to 5 reduce the "net tax" in the following year, and 6 succeeding years if necessary, until the credit has been 7 exhausted. 8 (f) This section shall remain in effect only until 9 December 1, 1994, and as of that date is repealed. 10 However, any unused credit may continue to be carried 11 forward, as provided in subdivision (e) , until the credit 12 has been exhausted. 13 SEC. 2. Section 17073 of the Revenue and Taxation _ 14 Code is amended to read: 15 17073. (a) Taxable income shall be defined by 16 Section 63 of the Internal Revenue Code, except as 17 otherwise provided. 18 (b) For individuals who do not itemize deductions, the 19 standard deduction computed in accordance with 20 Section 17073.5 shall be allowed as a deduction in 21 computing taxable income. 22 (c) A deduction computed in accordance with Section 23 17073.6 shall. be allowed as a deduction in computing 24 taxable income. 25 SEC. 3. Section 17073.6 is added to the Revenue and ? �. 26 Taxation Code, to read: 27 17073.6. (a) There shall be allowed as a deduction in 28 computing adjusted gross income for the taxable year, an 29 amount equal to 80 percent of the costs paid or incurred 30 by an employee to operate a van or other carpooling 31 vehicle to carpool employees to and from work. 32 (b) No deduction shall be allowed under this section 33 for the direct cost of purchasing or leasing a carpooling 34 vehicle. 35 (c) "Carpool" means two or more persons commuting 36 to and from work by means of a vehicle with a seating 37 arrangement designed to carry less than seven adults, 38 including the driver. 39 (d) In order to be eligible for the deduction allowed 40 by this section, the taxpayer must substantiate the costs 99 1].0 - 5 — AB 1514 Aing the 1 on which the deduction is based in the manner and form 2 prescribed by the Franchise Tax Board. is section 3 (e) (1) This section shall not apply to taxable years d over to 4 beginning on or after January 1, 1994. ear, and 5 (2) This section shall remain in effect only until has been 6 December 1, 1994, and as of that date is repealed, unless 7 a later enacted statute, which is enacted before .nly until 8 December 1, 1994, deletes or extends that date. repealed. 9 SEC. 4. Section 23629 is added to the Revenue and )e carried 10 Taxation Code, to read: .he credit 11 23629. (a) For income years beginning on or after 12 January 1, 1989, and before January 1, 1994, there shall be Taxation 18 allowed as a credit against the "tax" (as defined by 14 Section 23036) an amount equal to the amount fined by 15 determined in subdivision (b) - except as 16 (b) The amount of credit allowed by this section shall 17 be as follows: -tions, the 18 (1) Twenty percent of the operating expenses ice with 19 incurred by an employer for an employer-sponsored action in 20 ridesharing incentive program which is not mandated, or 21 otherwise required to be implemented, by a local agency. h Section 22 (2) An additional credit shall be allowed to employers )mputing 23 with fewer than 250 employees in an amount equal to 20 24 percent of the administrative costs incurred by the :,,nue and 25 employer to comply with the substantiation 26 requirements specified in subdivision (c) . uction in 27 (c) In order to be eligible for the credit under this year, an 28 section, an employer must substantiate the costs for incurred 29 which the credit is claimed as follows: Lrpooling 30 (1) Employers with 500 or more employees shall 31 substantiate the costs by making reports on magnetic s section 32 media or in other machine-readable form, according to .rpooling 33 standards prescribed by forms and instructions by the 34 Franchise Tax Board. nmuting 35 (2) Employers with fewer than 500 employees shall .t seating 36 substantiate the costs in the form and manner prescribed a adults, 37 by the Franchise Tax Board. 38 (d) "Employer-sponsored ridesharing program" allowed 39 means a program undertaken by an employer either he costs 40 alone or in cooperation with other employers to 99 110 99 130 AB 1514 — 6 - 1 or encourage provide, or both, fiscal or other incentives 2 to employees to make the home-to-work commute trip 3 by any mode other than the single-occupant motor 4 vehicle. 5 (e) In the case where the credit allowed by this section 6 exceeds the "tax," the excess may be carried over to 7 reduce the "tax" in the following year, and succeeding 8 years if necessary, until the credit has been exhausted.. 9 (f) This section shall remain in effect only until 10 December 1, 1994, and as of that date is repealed. 11 However, any unused credit may continue to be carried 12 forward, as provided in subdivision (e) , until the credit 13 has been exhausted. - 14 SEC. 5. This act provides for a tax levy within the 15 meaning of Article IV of the Constitution and shall go into 16 immediate effect. O 99 140