2011-2012 session

AB 1326 ( Furutani )

California Higher Education Endowment Corporation: oil and gas severance tax.

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Status:
Amended Assembly May 10, 2011
Died  
Location:
Assembly Desk Asm Revenue and Taxation
Scheduled hearings:
None
Latest bill language

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Vote required
Appropriations
Local program
Urgency
Tax levy
Two Thirds
Yes
Yes
Yes
No
Digest:  »More

Bill history [ Beta! ]

Location: Assembly Desk Revenue and Taxation Committee Revenue and Taxation Committee
Feb. 1, 2012
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
May 16, 2011
In committee: Set, first hearing. Held under submission.
May 13, 2011
May 11, 2011
Re-referred to Com. on REV. & TAX.
May 10, 2011
Read second time and amended.
 Version: Amended Assembly
May 9, 2011
From committee: Do pass as amended and re-refer to Com. on REV. & TAX. (Ayes 5. Noes 3.) (May 3).
May 3, 2011
 Vote: Asm Higher Education
Ayes: 5
Noes: 3
Abstain: 1
May 2, 2011
April 14, 2011
Re-referred to Com. on HIGHER ED.
April 13, 2011
From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.
 Version: Amended Assembly
April 12, 2011
In committee: Set, first hearing. Hearing canceled at the request of author.
April 11, 2011
April 4, 2011
From committee: Be re-referred to Coms. on HIGHER ED and REV. & TAX. Re-referred. (Ayes 9. Noes 0.) (April 4). Re-referred to Com. on HIGHER ED.
 Vote: Asm Rules
Ayes: 9
Noes: 0
Abstain: 2
March 25, 2011
Re-referred to Com. on RLS. pursuant to Assembly Rule 96.
March 23, 2011
Re-referred to Com. on ED.
March 22, 2011
From committee chair, with author's amendments: Amend, and re-refer to Com. on ED. Read second time and amended.
 Version: Amended Assembly
March 21, 2011
Referred to Com. on ED.
Feb. 22, 2011
From printer. May be heard in committee March 22.
Feb. 20, 2011
From printer. May be heard in committee March 22.
Feb. 18, 2011
Read first time. To print.
 Version: Introduced
Headlines 1 - 7 (of 7):

NEW: "Green' bills dampen job creation
CalWatchdog, July 20, 2011
... is currently in Assembly appropriations. Targeting Oil Sen. Warren Furutani, D-Carson, introduced AB1326 that will create a 12.5 percent targeted tax on the oil and natural gas industry to fund the California Higher Education Endowment Corp.  By increasing the cost of oil, im ...

State bill affecting interdistrict transfers put on hold
Torrance Daily Breeze, May 3, 2011
State bill affecting interdistrict transfers put on holdBy Melissa Pamer Staff WriterPosted: 05/03/2011 07:36:02 PM PDTUpdated: 05/03/2011 07:36:33 PM PDT var requestedWidth = 0; if(requestedWidth > 0){ document.getElementById('articleViewerGroup').style.width = requestedWidth + "px"; document.getElementById('articleViewerGroup').style.margin = "0px 0px 10px 10px"; } A state ...

Tax oil, gas for colleges?
Victorville Daily Press, April 18, 2011
... hey coordinate with the funds these institutions receive in the annual budget act." In introducing AB1326, Mr. Furutani explained, "In light of the recent drastic cuts endured by" the schools, "our state must explore all possible options to ensure that our higher education system ...

Editorial: Would you pay more for gas to help colleges?
Orange County Register - Editorial, April 17, 2011
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Protests planned today for Cal State campuses, including Dominguez Hills
Torrance Daily Breeze, April 13, 2011
... d Assemblyman Donald P. Wagner, R-Irvine. A 12.5 percent oil and gas severance tax, as proposed in AB 1326 by Assemblyman Warren Furutani, D-Harbor Gateway, would cause unemployment in the oil and gas industries, as the additional cost to drill new wells in California "would make ...

Oil severance tax plan slips into view
Capitol Weekly, April 14, 2011
... ct will be felt.” The latest effort is by Assemblyman Warren Furutani, D-Long Beach. His AB 1326 would establish a 12.5 percent severance tax on oil and natural gas, and set up an entity called the California Higher Education Fund, which distributes the proceeds to the U ...

Furutani calls for tax on oil firms to aid higher education at Harbor College rally
Torrance Daily Breeze, April 7, 2011
... lege to students and teachers Thursday, in the shadow of Wilmington refineries, to draw support to AB 1326. The bill charges oil companies a 12.5% drilling fee that would be used to fund state colleges. California is currently the only state that does not charge a drilling fee. (S ...

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