Plain English Breakdown
Checked against official source text during the last sync.
Increasing Fees for Travel Sellers
This law raises the annual fee that travel sellers must pay to fund consumer protection services.
What This Bill Does
- Increases the maximum yearly assessment from $35 to $60 immediately.
- Raises the maximum yearly assessment again to $70 starting January 1, 2031.
- Allows the corporation to raise fees once per fiscal year based on inflation limits with Attorney General approval.
- Requires a two-thirds vote in both legislative houses because it acts as a tax increase.
Who It Names or Affects
- Registered sellers of travel who must pay annual assessments.
- The Travel Consumer Restitution Corporation that manages the operations fund.
- The Attorney General, whose approval is needed for future fee increases.
Terms To Know
- Seller of travel
- A business or person who sells travel services and must register with the state.
- Travel Consumer Restitution Corporation
- The agency that pays money back to people harmed by failed travel sellers.
- Assessment
- A required yearly fee paid by registered businesses to fund operations.
Limits and Unknowns
- Future fee increases depend on changes in the California Consumer Price Index, which are unknown now.
- The specific amount of any future increase cannot be determined until inflation data is available.