LOWENTHALS’ TAX-BREAK-FOR-SHIPPERS BILL SWEEPS THROUGH SENATE, 37-0By LBReport.com
The state Senate voted, 37-0, this morning to approve a measure authored by Alan and Bonnie Lowenthal that would continue permitting shippers to avoid paying California’s sales/use tax on a portion of the fuel they buy.
SB 1243, sponsored by Senator Alan Lowenthal in the Senate, thus moves on to the Assembly, where the sponsor is Assembly member Bonnie Lowenthal. The two were formerly married.
According to the state Board of Equalization, the measure would cost California from $92 million to $137.5 million each year.