California Business and Professions Code

§ 25761

BPC § 25761 Effective Jun 27, 2019Div. 9 · Ch. 17

Statute text

All money collected as fees pursuant to this division, as payments under Section 23096, and under the excise tax provisions of this division or Part 14 (commencing with Section 32001) of Division 2 of the Revenue and Taxation Code shall be deposited in the State Treasury to the credit of the Alcohol Beverage Control Fund, which fund is continued in existence. The money in the Alcohol Beverage Control Fund shall be expended as follows:

(a)The amount necessary for the allowance of the refunds provided for in this division or Part 14 (commencing with Section 32001) of Division 2 of the Revenue and Taxation Code is hereby appropriated, without regard to fiscal years, to the Controller for payment of these refunds.

(b)All money derived as payment under Section 23096 and from excise taxes under Part 14 (commencing with Section 32001) of Division 2 of the Revenue and Taxation Code remaining after compliance with subdivision (a) shall be transferred to the General Fund on the order of the Controller.

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Legislative history

Amended by Stats. 2019, Ch. 29, Sec. 73. (SB 82) Effective June 27, 2019.