Plain English Breakdown
The bill summary and digest do not provide specific details on how the increased fees will be used beyond maintaining operations and administration.
Increase in Fees for Travel Sellers
The bill increases the annual fee that travel sellers must pay from $35 to $60, allowing further yearly adjustments based on inflation.
What This Bill Does
- Increases the maximum annual assessment for travel sellers from $35 to $60.
- Allows the Travel Consumer Restitution Corporation to increase this fee once per fiscal year by an amount not more than the previous year's California Consumer Price Index (CPI) increase, with approval of the Attorney General.
- Requires a two-thirds vote in both houses of the Legislature for approval due to its impact as a tax levy.
Who It Names or Affects
- Travel sellers who must register annually with the Attorney General.
- The Travel Consumer Restitution Corporation which collects fees from travel sellers.
Terms To Know
- Sellers of travel
- Companies or individuals that sell travel packages, tours, and other vacation-related services to consumers.
- Travel Consumer Restitution Corporation
- A state corporation responsible for providing refunds to people who have been harmed by the failure of a seller of travel.
Limits and Unknowns
- The bill does not specify how the increased fees will be used beyond maintaining operations and administration.
- It is unclear what specific changes are made to existing legislative findings and declarations about regulating travel sellers.