Sales Tax Sharing Agreements – California Revenue And Taxation Code (RTC) Section 7213, Added By Assembly Bill 2854 (2024)

Sales Tax Sharing Agreements

California Revenue and Taxation Code (RTC) Section 7213, added by Assembly Bill 2854 (2024) and effective January 1, 2025, requires California cities and counties to publicly disclose and report tax revenue sharing agreements.  The City of Newman only shares sales tax revenues with one agency; Hinderliter de Llamas & Associates.  This firm aids the City of Newman in collecting tax revenues that should come to the City of Newman but were directed elsewhere.  Their fee for their service is 15% of the collected amount.

Hinderliter de Llamas & Associates

  • All Time – $27,629.68
  • Fiscal Year 2024-2025 – $21.04
  • Agreement Date – 11/28/2006
  • Collection Fee – 15.00% of sales tax collected on our behalf
  • There are no other parties to the agreement