AB 132: Taxation.

The bill aims to amend various tax laws in California to provide relief to taxpayers and to promote economic growth. It would allow licensed dealers to pay sales taxes to the Department of Motor Vehicles (DMV) instead of the California Department of Tax and Fee Administration (CDTFA) for reporting periods starting January 1, 2021. This change would exempt dealers who sold 1,000 or more vehicles at retail in the current or preceding calendar year and have a good standing account with CDTFA. The bill would also expand the application of the Marketplace Facilitator Act to include fees imposed pursuant to the Electronic Waste Recycling Act of 2003. Additionally, it would clarify the authority granted to counties, cities, and the Sonoma County Transportation Authority to impose transactions and use taxes. The bill would provide exclusions from gross income for certain types of income, includ…