California Code of Regulations
Title 10 - Investment
Chapter 7.65 - Tourism Marketing Act
Subchapter 4 - Passenger Car Rental Industry Tourism Assessment
Section 5357.1 - Determination of Annual Assessment Rate for Passenger Car Rental Industry Assessment
Current through Register 2024 Notice Reg. No. 12, March 22, 2024
(a) The assessment for each business of the Passenger Car Rental Industry Segment shall be the rate set by the Commission and shall be no more than 3.5 percent and shall be set at a level that will generate no more than 60 percent of all Expenditures by the Commission as set forth in Government Code section 13995.45.
(b) The rate shall be adjusted annually by the Commission and such adjustment shall not be subject to annual referendum.
1. New section
filed 12-29-2006 as an emergency; operative 1-1-2007 (Register 2006, No. 52). A
Certificate of Compliance must be transmitted to OAL by 5-1-2007 or emergency
language will be repealed by operation of law on the following
day.
2. New section refiled 4-26-2007 as an emergency; operative
5-2-2007 (Register 2007, No. 17). A Certificate of Compliance must be
transmitted to OAL by 8-30-2007 or emergency language will be repealed by
operation of law on the following day.
3. Certificate of Compliance
as 4-26-2007 order transmitted to OAL 7-2-2007 and filed 8-13-2007 (Register
2007, No. 33).
4. Amendment of subsections (a)-(b), repealer of
subsection (b)(3), subsection renumbering and amendment of newly designated
subsection (b)(4) filed 7-29-2015; operative 10-1-2015 (Register 2015, No.
31).
Note: Authority cited: Section 13995.69, Government Code. Reference: Section 13995.92, Government Code.