AB 1758: Sellers of travel.

This bill amends the Business and Professions Code to increase the annual assessment for registered sellers of travel from $35 to $60. The assessment is used to cover operational costs and administration of the Travel Consumer Restitution Corporation. The corporation is responsible for providing restitution to individuals affected by unscrupulous travel sellers. The bill also allows the corporation to increase the assessment once per year, up to a maximum one-year increase in the California Consumer Price Index. This change requires a two-thirds majority vote in both houses of the legislature to pass. The bill takes effect immediately as a tax levy.