Section 11001 Of Chapter 5. Distribution Of Proceeds From California Revenue And Taxation Code >> Division 2. >> Part 5. >> Chapter 5.
11001
. (a) All money collected by the department for accepted
applications under this part shall be reported monthly to the
Controller and, at the same time, deposited in the State Treasury to
the credit of the Motor Vehicle License Fee Account in the
Transportation Tax Fund.
Any reference in any law or regulation to the Motor Vehicle
License Fee Fund shall be deemed to refer to the Motor Vehicle
License Fee Account in the Transportation Tax Fund.
(b) The amount of any penalties collected by the department, as
provided in Sections 9553 and 9554 of the Vehicle Code and Sections
10770 and 10854 of this code, shall, for purposes of subdivision (a),
be deemed to be a percentage of the total fees allocated under this
section and under Section 42270 of the Vehicle Code equal to that
percentage of the weight fee, registration fee, and vehicle license
fee obtained when applying the total of these fees collected,
excluding use tax, against the individual weight fees, registration
fees, and vehicle license fees collected on each application.
Penalties which cannot be allocated in accordance with this
subdivision shall be allocated according to subdivision (c).
(c) The amount of any penalties collected by the department, as
provided in Sections 9553 and 9554 of the Vehicle Code and Sections
10770 and 10854 of this code which cannot be allocated pursuant to
subdivision (b), shall, for purposes of subdivision (a), be deemed to
be a percentage of the total fees allocated under this section and
under Section 42270 of the Vehicle Code equal to that percentage of
the ratio based on the fees previously allocated under this section
and under Section 42270 of the Vehicle Code in the fiscal year
preceding the calendar year for which the penalties are to be
allocated. That ratio shall be reevaluated periodically and shall be
adjusted to reflect any change in the fee structure that may be
provided in this code or in Division 3 (commencing with Section 4000)
of the Vehicle Code.