(a) For purposes of this section: (1) âCityâ means a city within the geographic boundaries of a county. (2) âConfirmed historic venueâ means a historic venue that has received a confirmation by the department pursuant to subdivision (g). (3) âCountyâ means the County of Alameda, the County of Santa Clara, and the County of Los Angeles. (4) âFundâ means the Historic Venue Restoration and Resiliency Fund created pursuant to subdivision (c). (5) âHistoric venueâ means a venue in the state that meets all of the following criteria: (A) The venue meets any of the following criteria: (i) The venue contains a structure built before 1940. (ii) The venue contains a structure officially designated by the United States National Park Service or the United States Department of the Interior as a National Historic Landmark. (iii) The venue is located at a site continuously used for live, ticketed events for more than 50 years. (B) The venue has total fixed seating capacity of at least 15,000 people. (C) The venue hosts live entertainment or sporting events. (D) The venue is owned by a public entity. (6) âQualified eventâ means a live event at a confirmed historic venue to which tickets are offered for public sale. (b) Notwithstanding any other law, a return filed with the department to report gross receipts for sales tax purposes shall, for each confirmed historic venue, segregate the taxable sales made at a qualified event on a line or a separate form, as prescribed by the department, if the place of sale in this state is on or within the real property of a confirmed historic venue on the day of a qualified event that occurred on or before June 30, 2029. (c) (1) The Historic Venue Restoration and Resiliency Fund is hereby created in the State Treasury. (2) Notwithstanding Section 13340 of the Government Code, moneys in the fund shall be continuously appropriated without regard to fiscal year and allocated pursuant to subdivisions (e) and (f). (d) (1) The department shall, for each confirmed historic venue, report the total amount of taxable sales made at a qualified event that were segregated on the returns filed for the prior fiscal year pursuant to subdivision (b) to the Department of Finance on or before November 1 of each year. (2) (A) The total taxable sales made at a qualified event that were reported pursuant to paragraph (1) shall be subject to review, which may be a review of a sample of returns, by the department for errors. (B) The department shall note any errors identified in the review and the approximate impact of those errors on the total taxable sales made at a qualified event that were in the report to the Department of Finance required by this subdivision to allow an adjusted total taxable sales amount to be determined. (e) (1) An amount equal to 5 percent of the total amount of taxable sales, or adjusted taxable sales, for the prior fiscal year reported to the Department of Finance by the department pursuant to subdivision (d) shall be included in the next annual Governorâs Budget for deposit into the fund for the Controller to allocate to cities and counties pursuant to subdivision (f). (2) (A) No later than 15 days after enactment of the annual Budget Act, the Department of Finance shall, for each confirmed historic venue located within the geographic boundaries of a city or county, report to the Controller the amounts to be allocated from the fund to each city and county. (B) The amounts to be allocated pursuant to subparagraph (A) to each city and county shall be in proportion to the taxable sales subject to subdivision (b) derived from qualified events at each confirmed historic venue identified by that city or county. (3) No later than 30 days after the enactment of the annual Budget Act, the amount appropriated by the Legislature to the Controller pursuant to this subdivision shall be transferred by the Controller to the fund. (f) (1) Beginning January 1, 2025, the Controller shall annuall
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